Sustainability

Pasinex Resources Limited embraces the Principles for Responsible Exploration promoted by the PDAC through its e3 Plus program. Because Pasinex both explores and mines, the principles set out below are Pasinex’s own adaptation of that framework, extended to cover mining as well as exploration. They are supported by the Directors and Management of Pasinex Resources Limited.

Principle 1

Adopt responsible governance and management

Objective: To base the operation of exploration and mining on sound management systems, professional excellence, the application of good practices, constructive interaction with stakeholders, and the principle of sustainable development.

Principle 2

Apply ethical business practices

Objective: To have management procedures in place that promote honesty, integrity, transparency and accountability.

Principle 3

Respect human rights

Objective: To promote the principles of the United Nations Universal Declaration of Human Rights by incorporating them into policies and operational procedures for exploration and mining.

Principle 4

Commit to project due diligence and risk assessment

Objective: To conduct an evaluation of risks, opportunities and challenges to exploration and mining, and prepare strategies and operational plans to address them before going into the field.

Community

Principle 5

Engage host communities and other affected and interested parties

Objective: To interact with communities, indigenous peoples, organizations, groups and individuals on the basis of respect, inclusion and meaningful participation.

Principle 6

Contribute to community development and social well being

Objective: To have measures in place which support the social and economic advancement and capacity building of communities whose lives are affected by exploration and mining, while respecting the communities’ own vision of development.

Environment

Principle 7

Protect the environment

Objective: To conduct exploration and mining activities in ways that create minimal disturbance to the environment and people.

Health & Safety

Principle 8

Safeguard the health and safety of workers and the local population

Objective: To be proactive in implementing good practices for health and safety performance in all exploration and mining activities and seek continual improvement.