ENVIRONMENT

The exploration activities of Quantum are conducted in accordance with and controlled principally by Australian state and territory government legislation. The Company employs a system for reporting environmental incidents, establishing and communicating accountability, and rating environmental performance. Data on environmental performance is reported as part of the monthly regime. In addition, as required under various state and territory legislation, procedures are in place to ensure that the relevant authorities are notified prior to the commencement of ground disturbing exploration activities.

The Company is committed to minimising the impact of its activities on the surrounding environment, at the same time aiming to maximise the social, environmental and economic returns for the local community. To this end, the environment is a key consideration in our exploration activities and during rehabilitation of disturbed areas. Generally rehabilitation occurs immediately following the completion of a particular phase of exploration. In addition, the Company continues to develop and maintain mutually beneficial relationships with the local communities affected by its activities. Rehabilitation initiatives include the extraction of all pegs and restoration of peg lines, plugging of all drill holes and removal of plastic geological sample bags.

The Company has also provided assistance with the economic development of local enterprises, conducted cultural awareness courses for persons engaged in exploration activities, and undertaken heritage surveys involving traditional owners prior to ground-disturbing activity.

Environmental Policy

Minimising the effect of its activities on the environment.
Rehabilitation of disturbed areas using environmental best practice.
Meeting and where necessary exceeding applicable laws, regulations and voluntary commitments.
In achieving these objectives the Company will:
Comply with all applicable environmental laws, regulations and conditions, upholding the spirit of those laws and where the law does not adequately protect the environment, applying the most appropriate environmental standard to each area in which the Company operates.
Ensure that it has in place management systems to identify, control, monitor and audit environmental risks arising from its operations, products or services.
Liaise with government and other authorities at all levels to develop and maintain responsible and effective environmental policy, laws, regulations and standards.
Communicate openly with government and the community on environmental issues.
Ensure that all employees, contractors and suppliers are informed of this policy, aware of their environmental responsibilities and their role in assisting in the implementation of this policy.
Undertake research into processes and practices that will lead to improved environmental performance.
Community Relations Policy
The Company is committed to developing mutually beneficial relationships with local communities in the regions where it operates, or proposes to operate. Consequently the Company will:
Establish and maintain effective, positive and respectful communication with members of local communities.
Ensure that local residents are properly consulted regarding any development proposed by the Company that may have a social, cultural, economic or historical impact on their community and/or livelihoods.
Aim to maximise the economic development of local communities through the employment of local residents, and support of local businesses.
Aim to introduce or contribute toward financial support for education, training and employment programs for local residents including the provision of scholarships, mentor arrangements and workshops.
Ensure that its activities are conducted in a manner that is sensitive to local peoples' rights and interests and in particular, that it is familiar with and acknowledges local heritage issues.
Conduct all activities with respect for the environment.
Ensure that its activities are conducted in compliance with Local, State and Federal Government legislation and where appropriate indigenous customs.

By combining state-of-the-art exploration technology with an experienced exploration team, the Company both directly and through its joint venture partners is focussed on turning its highly prospective exploration projects into world class mining projects.

Current information on our exploration activities can be found in our quarterly reports which are available from this web site.