Sustainability Policy

Sustainable development at Discovery Metals encompasses our commitment and policy towards health, safety, the environment and the community. We aim to create sustainable value for our shareholders, employees, contractors, suppliers, customers, business partners and our communities.

We aspire to care for our people, our communities and the environment and strive to achieve leading industry practice. Sound principles to govern safety, business conduct, social, environmental and economic activities are integral to the way we do business.

Wherever we operate we will develop, implement and maintain management systems for sustainable development that drive continual improvement and ensure we:

• Identify, assess and manage risks to our employees, contractors, the environment and our communities.
• Do not compromise our safety values and seek ways to promote/improve the health of our workforce and the community in which we operate.
• Uphold ethical business practices.
• Understand, promote and uphold fundamental human rights within our influence including respect for indigenous traditional rights and cultural heritage.
• Encourage a diverse workforce, providing a work environment in which everyone is treated fairly, respectfully and can realise their full potential.
• Promote biodiversity protection by assessing and considering ecological values and land-use aspects in investment, operational and closure activities.
• Set targets that promote efficient use of resources, including reducing and preventing pollution.
• Engage regular communication with people affected by our operations, and take into consideration their views and concerns during decision making processes.
• Develop partnerships that foster the sustainable development of our communities, whilst enhancing economic benefits from our operations.
• Regularly review our performance and report our progress publicly.

In implementing this Policy, we will seek the support and involvement of our employees, contractors, suppliers, customers, business partners and communities in sharing responsibility to meet our requirements.

We are committed to working with our community and other key stakeholders to achieve positive environmental, social and economic benefits.

Environment

Discovery Metals Limited is committed to conducting our operations in such a manner as to minimise our impact on the environment while still allowing our operations to be commercially viable. We commit ourselves to giving due consideration to the environmental impacts of our work throughout the exploration, development and mining cycle and to implement methods to minimise our impact.

Discovery Metals Limited will adhere to all environmental laws and regulations applicable to our operations and where adequate laws do not exist, adopt and apply standards that reflect the Company's commitment to the environment.

In order to fulfil our commitment to minimize our environmental impact we will:

• Assess the environmental impacts of our activities. Monitor and audit our environmental performance in order to continuously improve.
• Implement systems to reduce our impact on the environment, reduce our emissions, increase re-cycling, and more efficiently use energy and water resources.
• Rehabilitate areas affected by our operations.
• Ensure environmental impacts are considered during planning and operational processes.
• Provide appropriate information, training and supervision necessary to meet our environmental commitments and responsibilities.
• Communicate our environment policy to all employees and external stakeholders.
• Work with traditional landowners and value their environmental knowledge.
• Ensure that employees, contractors and visitors are informed of and understand their obligations in respect of this policy.

Health and Safety

Discovery Metals Limited is committed to providing work environments which allow employees to undertake their jobs without fear of injury, giving employee's confidence in the fact that they will leave their workplace without suffering any adverse physical affects from undertaking their jobs.

We aim to meet or exceed all Occupational, Health and Safety legislation applicable to our areas of operation. Where adequate laws do not exist, we will adopt and apply standards that reflect the Company's commitment to Safety.

Discovery Metals Limited commits itself to:

• Providing plant and equipment and systems of work that are safe and without risk to the health of employees.
• Provide information, instruction and training in order to ensure the safety at work of all employees.
• Provide protective equipment as is necessary to ensure the health and safety of employees at work.
• Monitor the effectiveness of safety procedures to ensure that safety is enhanced where possible.
• Encourage openness and transparency in the reporting of safety incidents.
• Ensure that employees, contractors and visitors are informed of and understand their obligations in respect of this policy.
• We will be successful when we achieve zero harm to all employees.