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Mapping the Future 2020 Mapping theSustainability Future Report 2020 Sustainability Report Sustainability Report Contents About This Report Front Cover: Marble Gum tree native to the Yamarna region About This Report 1 From the Risk and ESG Committee Chair and the Managing Director 2 2020 Snapshot 4 About Us 6 Our People 16 Our Community 28 Our Environment 36 Our Climate 46 Economic Performance and Governance 50 This is Gold Road’s first Looking Forward 57 Sustainability Report covering GRI, SASB and TCFD Content Index Tables 58 the calendar year 2020 Nature of this document: The purpose of this document is to provide general The projections, estimates and beliefs contained in such forward-looking information about Gold Road Resources Limited (the ‘Company’). Unless statements necessarily involve known and unknown risks and uncertainties, and otherwise stated herein, the information in this document is based on the are necessarily based on assumptions, which may cause the Company’s actual Company’s own information and estimates. In viewing this document you agree performance, results and achievements in future periods to differ materially Our intention is to report annually from hereon. The report applies the Global Reporting Initiative to be bound by the following terms and conditions. This document has been from any express or implied estimates or projections. Accordingly, readers are Gold Road, listed on the Australian Securities Standards (GRI) for Core reporting, references the Task prepared by the Company. Information in this document should be read in cautioned not to place undue reliance on forward-looking statements. Relevant conjunction with other announcements made by the Company to the Australian factors which may affect the Company’s actual performance, results and Exchange (ASX:GOR), is headquartered in Perth, Force on Climate-related Financial Disclosures (TCFD) Securities Exchange and available at goldroad.com.au or www.asx.com. achievements include changes in commodity price, foreign exchange fluctuations Western Australia. The scope of this report includes and the Sustainability Accounting Standards Board and general economic conditions, increased costs and demand for production inputs, the speculative nature of exploration and project development, our exploration and development activities, our head (SASB) Metals and Mining Sector Standard. Not an offer: This document is for information purposes only and does not diminishing quantities or grades of reserves, political and social risks, changes to office, and our 50% non-operating interest in the constitute or form any part of any offer or invitation to sell or issue, or any laws and regulations, environmental conditions, and recruitment and retention Being our first stand-alone Sustainability Report, there solicitation of any offer to purchase or subscribe for, any securities in the of personnel. Gruyere Gold Mine. Company in any jurisdiction. This document and its contents must not be are no restatements of information or other changes distributed, transmitted or viewed by any person in any jurisdiction where the distribution, transmission or viewing of this document would be unlawful under Disclaimer: No representation or warranty, express or implied, is made by This report does not cover the Yandina and Lake Grace in reporting. While this specific report has not been the securities or other laws of that or any other jurisdiction. the Company that the material contained in this document will be achieved or Joint Ventures (together referred to as the Yandina data assured, we aim to have the data used in future prove to be correct. Except for statutory liability which cannot be excluded, each of the Company, its directors, officers, employees, advisers and agents Project) with Cygnus Gold Ltd (ASX:CY5) which have an Sustainability Reports assured. Not financial product advice: This document does not take into account the expressly disclaims any responsibility for the accuracy, fairness, sufficiency individual investment objectives, financial situation and particular needs of each exploration focus in the south-west Yilgarn of Western or completeness of the material contained in this document, or any opinions We welcome your feedback on this report and any other of the Company’s Shareholders. You may wish to seek independent financial and or beliefs contained in this document, and excludes all liability whatsoever Australia. In October 2020 we assumed management taxation advice before making any decision in respect of this document. Neither (including in negligence) for any loss or damage which may be suffered by any aspect of our business. Stakeholders may also request the Company nor any of its related bodies corporate is licensed to provide of the Yandina Project and will include this in our next person as a consequence of any information in this document or any error or a copy of the data referenced in this report. Please visit financial product advice in respect of the Company’s securities or any other omission there from. The Company is under no obligation to update or keep Sustainability Report. financial products. current the information contained in this document or to correct any inaccuracy the Contact Us page on our website. or omission which may become apparent, or to furnish any person with any This report is a companion to Gold Road’s 2020 Annual Forward-looking statements: Certain statements in this document are or may further information. Any opinions expressed in the document are subject to be “forward-looking statements” and represent the Company’s intentions, change without notice. Report and has been approved by the Gold Road Board. projections, expectations or beliefs concerning, among other things, future It has been prepared for our stakeholders, including our operating and exploration results or the Company’s future performance. These Unverified information:This document may contain information (including forward-looking statements speak, and the document generally speaks, only at information derived from publicly available sources) that has not been investors and other providers of capital, employees and the date hereof. independently verified by the Company. contractors, suppliers, local communities, customers, and any reader who would like a better understanding Designed by Maddi Murray of our Company. www.maddimurray.com 2 1 Sustainability Report Sustainability Report Yamarna Exploration Camp, From the Risk and ESG Committee Solar Farm in Foreground Chair and the Managing Director On behalf of the Gold Road Board and team, we are delighted to present the Company’s first stand-alone Sustainability Report, for the calendar year ending 31 December 2020. From our origins as an Australian gold explorer and We are proud to work with the Traditional Owners on producer we are committed to managing our business environmental and cultural heritage matters, and to in a sustainable and responsible manner. Importantly, have negotiated a landmark mining agreement, that this document has been compiled in accordance led to the development of the Gruyere mine providing We are continually working on improving health and At Gruyere, there were no reportable environmental with the GRI Standards (Core) and the Sustainability economic benefits for all parties. safety awareness and performance through training, events during the reporting period and the operation Accounting Standards Board (SASB) Metals and Mining systems improvements, safety behavioural programmes, successfully attained ISO 14001:2015 Environmental Sector Guidance. Gold Road, together with our JV partner, is focused on and close collaboration with our contractors. Gold Road Management System, ISO 45001:2018 Occupational building indigenous economic capacity and supporting had no fatalities or serious life changing injuries in our Health and Safety Management System and We are sure that everyone would agree that 2020 was businesses to be able to compete sustainably in the operations during the 2020 year. The excellent safety International Cyanide Management Code certifications. a challenging year for all with the COVID-19 pandemic open marketplace. Indigenous employee training and performance at Gruyere continued with a LTIFR of This is a significant achievement for a mine in its first sweeping the globe, requiring changes to our working development helps to establish transferable skills within 0.87 and a TRIFR of 3.47 for the year ended full year of operation. environments and practices, and impacting both the communities, so people can gain employment in 31 December 2020. industry and the community. Despite the challenges, other mines or industries. In 2020, Gruyere had an At Gold Road, we continue to make strides in our Gold Road continued to make significant advances in its average of 8% indigenous participation in the workforce Gold Road acknowledges the impact of climate change sustainability journey. The publication of our first sustainability journey, whilst maintaining our primary and four indigenous-owned businesses supporting the and is committed to play its part in addressing this Sustainability Report is a proud achievement for the focus on employee health, safety and wellbeing, and mining operation. global threat, and the potential impacts to the business. Company and another step towards our vision to sustainable value creation for our stakeholders. become an ESG leader within the gold mining sector. Our nearest community, Cosmo Newberry, is a remote During the year, we installed a renewable
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