Reporting and Disclosure

Reporting and Disclosure Requirements
In the course of undertaking its gold production and/or exploration activities, GNCC Capital, Inc. (“GNCC”) sites may bring about incidents that impact negatively on the environment and or communities, to varying levels of severity. In order to reduce the reputational, financial or legal liability associated with these incidents, the organization requires an effective internal process for identifying, communicating and responding to these events. This management standard defines internal environmental and community incident classification and reporting criteria, which permit a coherent and prompt communication of the most serious incidents. Moreover, this communication process allows for management responses to be initiated where appropriate, and the timely preparation of responses to address external enquiries.

The objective of this management standard is to provide operations with requirements for the classification and reporting of environmental and community incidents to the corporate office.

Overall accountability for implementing this standard lies with the Manager of the site. Responsibility for its implementation can be delegated to a designated person(s) who should clearly understand their role(s) and responsibilities.

The requirements of this management standard apply to all GNCC Capital, Inc.’s managed sites, including operating mines, closure sites and exploration projects.

(See “Reporting and Disclosure Requirements” PDF File for our complete statement).