• Published 3 years ago

2021 Sustainability Results Report for Cambridge Bay, Nunavut

As the world began to recover from the challenges posed by the global pandemic, Gold Rim Exploration Inc. continued to prioritize sustainability, resilience, and innovation at our Cambridge Bay site in Nunavut, Canada. The year 2021 has been a testament to our commitment to environmental stewardship, community engagement, and health and safety, with significant strides made towards our goals of sustainable mining and positive community impact.

Environmental Stewardship

Renewable Energy and Carbon Reduction:

1. Surpassed previous achievements by sourcing 60% of our energy needs from renewable sources, significantly reducing our greenhouse gas emissions and moving closer to our goal of carbon neutrality.
2. Initiated a groundbreaking project to assess carbon capture and storage (CCS) feasibility within the Arctic environment, aiming to further mitigate our carbon footprint.

Water Management and Preservation:

1. Achieved a 60% reduction in freshwater use through enhanced recycling technologies and the implementation of innovative, sustainable water management systems.
2. Partnered with local environmental organizations to launch a water conservation initiative, focusing on preserving the integrity of local waterways and supporting regional water sustainability.

Biodiversity and Ecosystem Health:

1. Expanded our land rehabilitation program to restore 150 hectares of native habitat, incorporating traditional ecological knowledge to enhance biodiversity restoration efforts.
2. Launched a comprehensive wildlife monitoring system, employing the latest in satellite and drone technology, to protect local species and monitor ecosystem health effectively.

Community Engagement and Economic Contribution

Strengthening Community Relations:

1. Increased our community investment to $3.5 million, focusing on healthcare, education, and cultural preservation projects that address both immediate and long-term community needs.
2. Enhanced our local employment strategy, resulting in 90% of our workforce being recruited from the Cambridge Bay community and surrounding areas, providing significant economic benefits and skill development opportunities.

Supporting Indigenous Partnerships:

1. Deepened our collaboration with Indigenous communities through the establishment of a cultural heritage fund, aimed at supporting the preservation and promotion of Inuit culture and traditions.
2. Implemented a series of workshops and programs developed in partnership with Indigenous leaders to ensure our mining practices respect and integrate traditional knowledge and land stewardship principles.

Health and Safety

Adapting to Post-Pandemic Challenges:

1. Continued to prioritize the health and safety of our employees with ongoing COVID-19 precautions, mental health support services, and wellness programs tailored to the unique challenges of remote work environments.
2. Introduced advanced safety training and emergency response drills, leveraging virtual reality technology to enhance preparedness and safety awareness among our workforce.

Sustainable Mining Innovation

Advancements in Mining Technology:

1. Invested in the development of low-impact, environmentally friendly mining technologies, setting new standards for sustainable practices in the Arctic mining sector.
2. Initiated a zero-waste initiative, focusing on waste reduction, material recycling, and the sustainable disposal of mining by-products, significantly minimizing our environmental impact.

Ethical Governance and Transparency:

1. Enhanced stakeholder engagement through digital platforms, providing transparent and up-to-date information on our sustainability efforts, operational updates, and community initiatives.
2. Received industry recognition for our ethical business practices, commitment to sustainable mining, and contributions to community development and environmental conservation.

Conclusion

The year 2021 has marked a significant milestone in Gold Rim Exploration Inc.'s journey towards sustainable mining and positive community impact in Cambridge Bay, Nunavut. Our achievements reflect our unwavering commitment to environmental stewardship, social responsibility, and operational excellence. As we look forward to 2022, we remain dedicated to advancing our sustainability goals, fostering meaningful community partnerships, and leading by example in the mining industry.