At Newpath Resources Inc., we take our responsibilities as a corporate citizen seriously and are committed to implementing strong environmental, social, and governance (ESG) practices throughout our operations.
We recognize that our success as a company is inextricably linked to the well-being of the communities and environments in which we operate. That’s why we strive to make a positive impact on society and the planet through our business activities. We believe that by taking a responsible and sustainable approach to doing business, we can create long-term value for our stakeholders and contribute to a more sustainable future.
Our objective is to foster an ecosystem of exploration that does not allow for the subversion of Indigenous ideals. Newpath Resources recognizes the accountability that it owes to its community and the people who have lived on the land since time immemorial. We understand that this duty far exceeds the bounds of legal or regulatory obligation and, rather, hinges upon an overarching responsibility to both humanity and the earth. Our position has been informed through the investigation of both the limitations and issues of current legislation as they relate to mining in Ontario, Canada.
This investigation made it abundantly clear that new processes and policies (quite literally, a new path) must be forged in order to accomplish a mutually beneficial, human-forward framework for ethical mining practices on Indigenous land. Through an analysis of constitutional and legislative documents including the Canadian Charter of Rights and Freedoms, the Mining Act of Ontario, as well as reports and articles published by Indigenous communities and individuals, Newpath Resources seeks to determine and address the greatest failings and injustices of the current system to gain greater understanding of how a company can approach Indigenous rights, partnerships and communities with respect, compassion and equality.
This is merely the first step in a considerably larger, more comprehensive process which will include physical engagement, education and consultation. The principles outlined provide our first pass at a framework for ethical partnerships between Newpath Resources and Indigenous communities. There will always be more to learn, amend and revise as our knowledge and relationships grow.
We are still an early-stage exploration company and as such we have board compensation and governance that would be described as equally early-stage. We have big board ambition and as such, have set some goals to have our Board and organizational governance match.
By Q4 of 2024 our goal is to have all of our board and governance policies in place to qualify for a TSX listing.