Precieux Goldmine (the “Company” or “Precieux Goldmine”) is a company domiciled in Australia. Precieux Goldmine was incorporated on June 3, 2010 under the Australian Business Corporations Act and was continued under the Australian Corporations Act by articles of continuance dated June 22, 2011. The Company is primarily involved in the exploration of mineral resources.

Accounting
The Company applies International Financial Reporting Standards ("IFRS") as issued by the International Accounting Standards Board (“IASB”) and interpretations issued by the International Financial Reporting Interpretations Committee (“IFRIC”).

Mandate of the Board
The mandate of the Board is to manage or supervise the management of the business and affairs of the Corporation and to act with a view to the best interest of the Corporation.  In doing so, the Board oversees the management of the Corporation’s affairs directly and through its audit committee.  In fulfilling its mandate, the types of matters for which the Board is ultimately responsible are: reviewing and approving the Corporation’s overall business strategies and its annual business plan, the annual corporate budget and forecast, and significant capital investment outside the approved budget; succession planning; assessing management’s performance against approved business plans and industry standards; reviewing and approving continuous disclosure documents; ensuring the effective operation of the Board; and safeguarding shareholders’ equity interests through the optimum utilization of the Corporation’s capital resources. 

Code of Conduct
Directors, officers, employees and consultants of Precieux Goldmine Creation, must not only comply with applicable laws, rules and regulations; but also must engage in and promote honest and ethical conduct and abide by the policies and procedures that govern the conduct of Precieux Goldmine  business.  Responsibilities include helping to create and maintain a culture of high ethical standards and commitment to compliance, and, in the case of directors and officers, maintaining a work environment that encourages employees to raise concerns to the attention of management and promptly addressing employee compliance concerns.

Health, Safety & Environment
Precieux Goldmine is committed to conducting its business in a manner that protects the health and safety of its employees, contractors and the public and is environmentally responsible. 
Precieux Goldmine’s guiding principles for effective HSE management are as follows:

Nothing is more important than protecting human health and safetyAll incidents are preventableManagement is accountable for Health, Safety and Environment (HSE) performance and will show active leadership in HSEWorking safely and in an environmentally responsible manner are conditions of employmentWorking safely and in an environmentally responsible manner comes from a trainable personal mindset. Go to work and come home safely.Preventing incidents and managing environmental impacts are fundamental to good leadership and good business

Environmental Protection
Precieux Goldmine is committed to conducting its activities in a responsible manner while meeting or surpassing all applicable environmental legislation, regulations, permit and license requirements. We will establish strategies and objectives that will continue to improve our environmental performance and act respectfully within the areas of our operations.

Corporate Social Responsibility (CSR)
Precieux Goldmine is committed to responsible mining practices, striving for positive social impact on the community in which we operate. We will promote good corporate citizenship as an important component of our business standards, both within the company and for all contractors and associated businesses. Corporate Social Responsibility will continue to be integral to all areas of our business operations.

Precieux Goldmine finds ways to contribute to the local community by focusing on activities that can make a meaningful, positive and lasting difference to the lives of those affected by our presence. The Company and its personnel respect the cultures, customs and people within the community and region.