Climate Change Data

Environmental Metrics

ESG Focus Areas

• environmental
• social
• governance

Environmental Achievements

• Exploration programs conducted to meet or exceed environmental regulations, while respecting the communities and environments in which we operate.

Social Achievements

• Strives to earn its social license wherever it is active, meeting with local communities, regulators and other concerned parties before, and during, exploration work to understand issues important to local and Indigenous communities.
• Approach is based on transparency, open communication, inclusivity and respect, to better enable social and economic benefit for communities as well as value for investors.

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Challenging time for the mining industry and the entire junior resource investment community.
• Market conditions are difficult.
• Competition for mineral property acquisition opportunities.
• Exploration is a speculative business with a high degree of risk.
• Commodity price fluctuations.
• Financing dependence on capital markets.
• Share price volatility.
• Foreign currency risks (CAD vs USD).
• Dependence on key personnel.
• Realization of assets dependent on successful production or disposal.
• Environmental and regulatory requirements.
• History of net losses and lack of revenue.
• Uninsurable risks (pollution, fire, etc.).
• Climate change risks (physical and transition).
• Cybersecurity threats.

Mitigation Strategies

• Adopted a low-cost exploration approach.
• Focused on developing drill targets with high-grade gold potential.
• Preserving cash by keeping general and administrative expenses to a minimum.
• Monitoring cash use and actively seeking ways to reduce operating expenses.
• Seeking partnerships.
• Impairment analysis conducted annually.
• Implemented policies, controls, and practices to manage cybersecurity threats.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Changes in rainfall rates, rising sea levels, reduced water availability, higher temperatures, increased snowpack and extreme weather events

Transition Risks

• Increased costs due to climate change legislation and treaties

Opportunities

• Increased energy efficiency and technological innovation

Reporting Standards

Frameworks Used: IFRS

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed