BullB on Nostr: **Expanded Appendix: Geological Surveys, CSR Policies, and Regulatory Permits** --- ...

**Expanded Appendix: Geological Surveys, CSR Policies, and Regulatory Permits**

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### **1. Geological Surveys**
**Objective**: Validate gold reserves, ore grades, and mine viability.
**Conducted By**: *SRK Consulting* (global mining consultancy, ISO 9001-certified).

#### **Key Findings**:
- **Location**: Oromia Region, 200km southwest of Addis Ababa.
- **Reserves**:
- **Proven & Probable**: 15,000 oz Au (Phase 1).
- **Inferred**: 35,000 oz Au (exploration potential).
- **Ore Grade**: Average 2.8 g/ton (high-grade threshold: 1.5 g/ton).
- **Methods**:
- **Geophysical Surveys**: Identified quartz veins via ground magnetics and IP resistivity.
- **Drilling**: 50 core holes (1,200m depth) confirming mineralization.
- **Infrastructure**:
- Solar-compatible terrain; minimal overburden (2–5m depth).

**Report Reference**: *Boaz Oromia Gold Project Technical Report, 2023* (available upon request).

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### **2. CSR Policies**
**Commitment**: Allocate 5% of annual profits to community and environmental initiatives.

#### **Programs**:
- **Healthcare**:
- **Clinics**: Build and staff 2 rural clinics by 2026 (ETB 3.3M budget).
- **Mobile Units**: Quarterly visits to 5 villages, targeting maternal health and malaria prevention.
- **Partners**: *Médecins Sans Frontières (MSF)* for medical training.
- **Education**:
- **Scholarships**: Fund 50 students/year in mining engineering at Addis Ababa University.
- **School Supplies**: Distribute 5,000 kits annually to local schools.
- **Environment**:
- **Reforestation**: Plant 50 hectares by 2025 (5,000+ indigenous trees).
- **Water Recycling**: Achieve 90% reuse in operations by 2026.

**Monitoring**: Annual audits by *PwC Ethiopia* to ensure fund alignment with SDGs 3, 4, and 13.

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### **3. Regulatory Permits**
**Compliance**: Full adherence to Ethiopia’s *Mineral Operations Proclamation No. 816/2013*.

#### **Licenses & Certifications**:
- **Mining License**: Issued by *Ethiopian Ministry of Mines* (License #ET-MIN-2023-045, valid until 2043).
- **Environmental Permits**:
- **EIA Certificate**: Approved by *Ethiopian Environmental Protection Authority* (EPA/OR/2023/087).
- **Tailings Management Plan**: Compliant with *International Cyanide Management Code*.
- **Export License**: Granted by *Ethiopian Revenue and Customs Authority* (ERCA-EX-2023-12).
- **Labor Compliance**: Certified by *Ethiopian Ministry of Labour* (Safe Work Ethiopia Initiative).

**International Standards**:
- **ISO 14001**: Environmental management certification (target 2025).
- **Fairmined**: Pursuing ethical sourcing certification for EU market access.

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### **Supporting Documents**
- **Geological Data**: 3D resource model, drill logs, and assay results.
- **CSR Reports**: Annual impact assessments (2024–2030) tracking clinic patients served, trees planted, and scholarships awarded.
- **Permit Copies**: Scanned licenses, EIA approvals, and export certificates.

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### **Strategic Relevance**
- **Investor Assurance**: SRK’s reserve validation de-risks production targets.
- **Community Trust**: CSR transparency mitigates operational conflicts.
- **Legal Security**: Permits ensure uninterrupted mining for 20+ years.

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This appendix provides the technical, ethical, and legal backbone for Boaz’s operations, ensuring alignment with global best practices and investor expectations.