Environmental Impact Study

Resolution Copper is currently completing the extensive baseline work needed to identify all potential environmental impacts of our mining operations. We will then determine how to maximize positive impact while minimizing negative effect. The result of this work will be an Environmental Impact Statement or EIS, which will help guide our operations and which we plan to make available to the public by 2010.

Baseline studies include a detailed analysis of all potential mining operation sites in order to examine a broad range of environmental and cultural factors. For example, we study water and air quality, determine if endangered species inhabit the areas, and discover if cultural artifacts are present – and if so, determine how best to protect them.

2007 Progress

In 2007, Resolution Copper progressed on a variety of environmental fronts. We partnered with the nonprofit Rocky Mountain Institute, co-led by Amory Bloch Lovins, to focus on ways of using energy efficiently and finding clean energy sources. We also hosted a water workshop to look at means to use water as efficiently as possible and to evaluate renewable sources of water for the future mine.

Other 2007 environmental highlights:

• Continued baseline studies on air, water, land and biodiversity for the mine
• Evaluated various alternatives in preparation for the National Environmental Policy Act (NEPA) Environmental Impact Statement (EIS)
• Renovated a historic Superior structure, now known as the Verde Building, for use as Resolution Copper’s headquarters. The renovated structure was awarded the Leadership in Energy and Environmental Design (LEED) silver rating
• Achieved ISO 14001:2004 certification of Resolution Copper’s Environmental Management System
• Completed a biodiversity analysis of the land exchange parcels

2008 Goals

During 2008 we will advance our environmental goals by focusing on the following:

• Maintain ISO 14001 certification and work toward continual improvement. Regular internal and external audits will take place to ensure we are in compliance with the ISO 14001 international environmental standard of excellence
• Continue rehabilitating the Superior West Plant site affected by previous mining operations
• Commence dewatering the former Magma Mine as part of our water management programs
• Study in more detail alternative sites for tailings, with focus on brownfield sites
• Continue baseline air, water, land and biodiversity studies to support the NEPA EIS