Environmental due diligence for exploration managers

CIM Bulletin, Vol. 96, No. 1074, 2003

S.E. Daniel

Due diligence reviews are an essential part of mineral property acquisitions. One of the primary reasons to complete an environmental review prior to exploration property acquisition is to assess the potential environmental liability. It is critical to identify the potential reclamation costs or existing environmental liability associated with the exploration property. A review of the existing condition of the property and its history can allow prioritization of exploration targets and ease future expenditures for historic damages.
Keywords: Due diligence, Environmental liability, Mineral exploration, Responsibility.