Business Strategy
South American Silver Corp.’s growth strategy has been to indentify mineral properties that have significant scale potential to develop large resources in well established mining districts of Bolivia and Chile. Management looks to leverage its exploration and development expertise to bring additional resources and value to shareholders and to reduce development risk and expense through its focus on community relations and corporate social responsibility. The Company will continue to look for opportunities on new projects that can bring value to SASC’s shareholders through our approach to business. Responsible mining and community collaboration are a key part of SASC’s business strategy in all of its projects. The Company is committed to upholding high environmental and social standards while focusing on delivering the financial growth its shareholders expect.
Community relations are an important part of doing business in any country and management believes that long-lasting social and economic benefits can flow to the communities in which it operates. In Bolivia, the Company has two full-time Community Relations personnel for the Malku Khota project, who speak the local languages and maintain regular contact with each of the surrounding local communities to maintain open and transparent communication. The Company has signed agreements of cooperation with each of the communities and will look for ways to facilitate economic development through the various stages of development for the project. As part of this approach, the company engaged The BSR Group (Business for Social Responsibility) to help develop a pro-active Community Relations program that represents all stake-holders for the transition from exploration to development and production. |