Code of Conduct
The Company is committed to the highest standards of legal and ethical business conduct and has a Code of Business Conduct and Ethics that summarizes the legal, ethical and regulatory standards that the Company must follow and is a reminder to its directors, officers and employees, of the seriousness of that commitment. Compliance with this Code and high standards of business conduct is mandatory for every director, officer and employee of the Company.
The Company is committed to complying with all laws and governmental regulations applicable to its activities, and, specifically, to maintaining a safe and healthy work environment and conducting its activities in full compliance with all environmental laws.
Social or Environmental Policies
The Company has created a Sustainable Development Committee ("SDC"), which will primarily monitor, review and provide oversight with respect to its policies, standards, accountabilities and programs relative to health, safety, community relations and environmental-related matters. Further, the SDC will advise the Company's board of directors and make recommendations for the board's consideration regarding health, safety, community relations and environmental-related issues. In particular, the SDC will consider and advise the board with respect to current standards of sustainable development for projects and activities such as those of the Company, particularly with a view to ensuring that its business is run in a manner, and its projects are operated and developed, so as to achieve the ideals and reflect the following principles of sustainable development:
- living within environmental limits;
- ensuring a strong, healthy and just society;
- achieving a sustainable economy;
- using sound science responsibly; and
- promoting good governance.
Although not set out in a specific policy, the Company intends to be a positive influence in the local communities where its mineral projects will be located, not only by contributing to the welfare of such communities through donations of money and supplies, as appropriate, but also through hiring local workers to assist in ongoing exploration programs.
The Company considers that building and maintaining strong relationships with such communities will be fundamental to its ability to continue to operate in such regions and to assist in the eventual development (if any) of mining operations in such regions, and it attaches considerable importance to commencing and fostering them from the beginning of its involvement in any particular area.