Purpose

The Prospectors and Developers
Association of Canada (PDAC) has created the present document to assist
its members identify and apply practices that support responsible
mineral exploration activity
[1]
and also provide a sound base for subsequent action should a mine be
brought into production. The
content of this document has been assembled to guide the actions of
explorers [2]
and should not be construed as standards of performance.
Rather, the intention is to encourage implementation of good
practices and encourage innovation that will improve social,
environmental and economic performance while maintaining or enhancing
shareholder value. This
document has been prepared with broad multi-stakeholder input over a
period of more than 18 months.
The overall purpose of this
document is to provide a set of Principles to which all explorers should
aspire, together with Guidance which illustrates what is required to
convert the Principles into action.
As such, it is anticipated that, while the Principles will be
common to all situations, their practical implementation will vary in
terms of scope and intensity of application depending on individual
project characteristics, which will differ from place to place and over
time.
This version of the Principles
and Guidance is presented as a living document subject to modification
and improvement as experience is gained and circumstances change.
Accordingly, the PDAC will establish an ongoing mechanism for
review and revision that incorporates the views and opinions of all
interested parties.

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