Telson Mining Corporation

We at Telson believe we have a mission to create enduring, sustainable value for all our shareholders, employees and the communities where we work.

Sustainability

Sustainable Investing and Responsible Practices

Although mining is not the first industry that comes into mind when looking for ESG investments, Telson Mining Corporation (“Telson” or the " Company ", TSX Venture Exchange-TSN) actively works to change that notion. We believe that ESG awareness and compliance is now an imperative to maximize the benefits of mining and metal production. 

We are progressively incorporating ESG policies into our projects and it is a priority at board and executive leadership level. Telson has made ESG part of its core business, as the foundations of our projects have been developed with continued engagement of third-party stakeholders, especially local communities. 

At Telson our aim has been to develop a holistic set of good practices for responsible mining: 

  1. Ethical Business: As a listed company in the Toronto Stock Exchange we have high standards of transparency and corporate governance to support sustainable development. 
  2. Respect for Human Rights and the interests, cultures, customs and values of employees and communities affected by our activities: Telson Mining Corporation is committed to conducting its exploration and development programs in a socially progressive manner. Particular emphasis is placed on establishing positive relationships with community leaders and State authorities in both Durango and Guerrero. We respect the cultures, customs and values in all our dealings with the local communities and with our employees. Community consultations are held to ensure citizens are informed of the Company’s activities.
  3. Health and Safety: Telson Mining Corporation’s objective is to maintain a safe and healthy workplace free of injury and illness. We are committed to the health, safety and well-being of our workforce and will work to achieve an incident-free workplace. To achieve our health and safety objectives we:
    1. Provide training and information to enable all our people to work safely and competently.
    2. Promote health and safety in all aspects of our work, family and local.
    3. Promote safe and healthy behavior as a core value in the organization’s culture.
    4. Promote and enhance employee commitment and accountability to this policy.
    5. Develop and implement effective management systems to identify, minimize and manage health and safety risks in the workplace.
    6. Provide the resources to achieve a safe and healthy work environment for all of our people.
    7. Comply with applicable regulations, laws and international guidelines.
  4. Environmental performance: We pursue continual improvement in environmental performance. Besides regulation compliance (plan for mine closure, tailings management, water management, etc.), we have implemented a water reutilization system in Campo Morado mine, which will be also included in Tahuehueto project. 

We are actively working towards the implementation of green energy. Currently, we are analyzing different proposals to install solar power in Campo Morado mine, with the goal to cover more than 60% of the mine´s energy demand. In Tahuehueto project, which does not have access to the national electricity grid, we have planned to install natural gas generators in the medium term (maximum of 2 years) instead of diesel in order to minimize carbon emissions. Note that an agreement with a natural gas supplier has already been signed. 

  1. Social Performance: Telson Mining Corporation supports a range of initiatives to improve conditions for local communities. 
    1. The Company helped local authorities establish and equip the first school and medical clinic in the Tahuehueto area. 
    2. It also contributed to improving infrastructure, such as electricity, water supply and filtration systems, and sanitation improvements. Additional improvements, such as securing a larger generator to supply electricity to more nearby homes, are contemplated in the months and years ahead. 
    3. Local hiring and procurement policies have been adopted to ensure that benefits flow to the communities and regions surrounding both projects. Campo Morado employs directly approx. 200 local employees and indirectly provides work by hiring local and regional suppliers (contractors, logistics, security, etc). Tahuehueto has the potential to become an important economic contributor to its nearby communities and to Durango State. 
    4. We understand and maintain continuous, permanent direct communication with the community.
    5. Ongoing communication with Governments working together to support and encourage development within the community.

In Telson, we embrace good environmental, social and governance practices, giving confidence to customers and stakeholders that our metals have been produced responsibly.

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