Responsibility

Environment


Environmentally Responsible Operations

Silver Bear has retained Environmental Resource Management (ERM), Moscow office along with the help of EMC Mining LLC, Moscow to conduct an Environmental and Social Impact Assessment (“ESIA”) for the Mangazeisky Silver Project as an integral component of the permitting process and the National Instrument NI-43-101 feasibility study scheduled for completion in the second quarter of 2016. The extensive expertise of both ERM and EMC Mining combined with their knowledge of the Russian Federation mining sector will aid the Company in addressing its commitment to sustainable development and corporate social responsibilities (“CSR”) utilizing highest of both international and Russian CSR standards.

On behalf of the Company, ERM and EMC Mining are currently undertaking the final stakeholder consultations and hearings at its local host communities, with the goal of identifying opportunities where the Company can improve the benefit to the local communities at the same time minimizing the operation’s impact on the traditional lifestyle and reindeer breeding of the stakeholders.

April 2016, EMC-Mining LLC, CEO Gromenkov I.M. makes presentation of Mangazeisky Mining Complex project solutions to local Sebyan Kuel citizens
April 2016, EMC-Mining LLC, CEO Gromenkov I.M. makes presentation of Mangazeisky Mining Complex project solutions to local Sebyan Kuel citizens
April 2016, Sebyan-Kuel citizens taking part in Public Hearing devoted to the Mining Complex construction.
April 2016, Sebyan-Kuel citizens taking part in Public Hearing devoted to the Mining Complex construction.