Climate Change Data

Environmental Metrics

ESG Focus Areas

• Community Support
• Sanitation
• Women's Empowerment
• Education

Environmental Achievements

• Construction of sedimentation and infiltration pits for the final disposal of sludge from the cutting of samples.
• Regular monitoring of soil, noise, air and water in accordance with current environmental regulations, in all the exploration work.
• Control of solid and liquid waste in exploration work.
• Construction and implementation of sanitation stations.

Social Achievements

• Community support for COVID-19 in Tupiza and surrounding communities
• Building of 110 sanitation stations in homes in the communities of Almona and La Torre
• Working with the Women’s Association of Almona and La Torre to support training courses in baking and embroidery as well as other social activities
• Support for school programs including providing classroom materials, snacks during breaks and support for teachers

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Securing equity financings to meet existing obligations and to fund working capital requirements and the acquisition, exploration and development of mineral resource properties.
• Commodity price risk: A significant decline in precious and base metal commodity prices may affect the Company’s ability to obtain capital for the exploration and development of its mineral resource properties.
• Mineral exploration and development risks: uncertainty of mineral resources and their development into mineable reserves; uncertainty as to potential project delays; timing of production; title risks; risks associated with joint venture agreements; and the possible failure to obtain exploration permits and mining licenses.

Mitigation Strategies

• Management is of the opinion that sufficient working capital will be obtained from equity financings and the exercise of warrants to meet the Company’s liabilities and commitments as they become due.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Community Relations
• Environmental Protection
• Social Initiatives

Environmental Achievements

• Collection of existing environmental documentation on the Porvenir concession.
• Environmental inspection and evaluation of the Porvenir concession.
• Implementation of warning and information signs.
• Preparation of detailed environmental studies required by the Bolivian environmental authority.
• Regular monitoring of soil, noise, air and water in accordance with current environmental regulations, in all the exploration work.
• Control of solid and liquid waste in exploration work.
• Construction of sedimentation and infiltration pits for the final disposal of sludge from the cutting of samples.
• Construction and implementation of sanitation stations.
• Evaluation of all existing underground workings on the property including Huayra Kasa, Santa Barbara, Porco and Mina 2 area.
• Preparation of a baseline environmental study for Iska Iska.

Social Achievements

• Community support for COVID-19 in Tupiza and surrounding communities.
• Building of sanitation stations in homes in the communities of Almona and La Torre.
• Working with the Women’s Association of Almona and La Torre to support training courses in baking and embroidery as well as other social activities.
• Support for school programs including providing classroom materials, snacks during breaks and support for teachers.
• Continued implementation of courses, workshops, classes, materials, and other requirements of social projects focused on women, children, and youth groups in Almona, La Torre and additional surrounding communities.
• Construction of additional sanitation stations in the communities of Almona, La Torre and other surrounding communities.
• Delivery of equipment for community medical centers.
• Improving educational services of the community schools by delivering computer equipment.
• Support for local community strengthening and development, through specialized services in consultation with the communities.

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Securing equity financings to meet existing obligations and fund working capital requirements.
• Inherent risks associated with mineral exploration and development, including uncertainty of mineral resources and project delays.
• Commodity price risk and potential inability to obtain capital for exploration and development.
• Material weakness in ICFR due to limited personnel performing accounting and control functions.

Mitigation Strategies

• Management believes sufficient working capital will be obtained from equity financings and exercise of warrants.
• Intends to address the material weakness in ICFR in the next quarter.
• Board of Directors oversees management's risk management framework.
• Management has implemented and monitors compliance with risk management policies.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Community Support

Social Achievements

• ESG and Community Support initiatives mentioned in the budget (CAD 232,000)

Climate Goals & Targets

Supply Chain Management

Climate-Related Risks & Opportunities