407 ETR details latest results and continued commitment to sustainable practices in 2024 ESG report
"At 407 ETR, ESG principles are deeply ingrained into our corporate culture and decision‑making processes," says Javier Tamargo , President & CEO, 407 ETR. "Our long-term success is closely tied to creating value for our stakeholders, including the vibrant communities we serve in the GTA, especially in times of uncertainty."
In 2024, 407 ETR updated its materiality assessment to validate and update current material ESG factors, which helps guide the Company's ESG strategy and informs the allocation of efforts and resources. Read the full report at 407etr.com/esgreporting.
Fast facts
Environmental priorities
Reduced Scope 1 and Scope 2 GHG emissions by 19% against the 2018 baseline. On track to achieve target of 25% emissions reduction by 2030.
Donated over $600,000 to support local biodiversity initiatives. On track to complete $1.8 million investment in environmental initiatives over three years (2023-2025).
Planted 20,000 native trees along Highway 407 ETR and head office.
Completed green fleet study to explore low emissions alternatives and fuel-optimization opportunities for company vehicles.
Operational achievements
Achieved a 90% customer service satisfaction rate and 82% first call resolution rate.
Recognized with the 2024 Diversity, Equity and Inclusion award from the International Bridge, Tunnel and Turnpike Association for building diversity and inclusivity on and off the road.
Reported 60% lower collision rate compared to alternate 400-series highways in the GTA 1.
Invested $25 million in highway capital projects through third-party contractors to improve driving experience and customer safety.
Invested $8 million in enforcement and policing services to help keep the highway safe.
Community investments
Introduced Route Relief, a new financial assistance program that helps low-income drivers access Highway 407 ETR through free travel.
Invested approximately $1.7 million in GTA communities through sponsorships, donations and free travel.
Donated $50,000 to support local Indigenous organizations.
Invested $135,000 through Keep Moving TM by 407 ETR, helping over 3,500 GTA youth access team sports programs.
Donated over $120,000 to United Way Greater Toronto through employee fundraising and corporate matching program.
About 407 ETR
Highway 407 ETR is an all-electronic open-access toll highway located in the Greater Toronto Area in Ontario, Canada . The highway spans 108 kilometres from Burlington in the west to Pickering in the east.
407 International Inc. is the sole shareholder of 407 ETR and is owned by:
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Metallurgical test work has not been performed on core from TH25-138, therefore it is uncertain which metals would report to potential concentrates - recoveries are conceptual in nature. CuEq is provided for illustrative purpose only to show the combined grades of Cu, Mo, Au and Ag relative to copper price net of conceptual metallurgical recoveries. CuEq% = Cu% + (Au g/t x (Au recovery / Cu recovery) x [Au price US$/oz ÷ 31] / [Cu price US$/lb x 2204.623]) + (Ag g/t x (Ag recovery / Cu recovery) x [Ag price US$/oz ÷ 31] / [Cu price US$/lb x 2204.623] + (Mo grade % x (Mo recovery / Cu recovery) x [Mo price US$/lb x 2204.623] / [Cu price US$/lb x 2204.623]). Composite intervals are calculated using length-weighted averages above the cutoff grades noted above, with up to 10 meters of internal dilution. True thickness of the bulk-tonnage style, stockwork-hosted mineralization is unknown. Figure 1. Map of the Poplar Project showing the location of the Thira target area and previously acquired MobileMT data 1. Figure 2. Map of the Thira target showing the location of discovery hole TH25-138 with respect to shallow historic drill holes. The area marked by the conductivity-low 1 is the focus for ongoing drilling. See footnote below Table 1 for CuEq calculation inputs. See references 2,3 below for sources of historical drill data. Figure 3. Section (628200E) through TH25-138 showing copper and molybdenum assays down hole. See footnote below Table 1 for CuEq calculation inputs. See references 2,3 below for sources of historical drill data. Figure 4. Core photos of TH25-138. A. Box photos showing core from collar to 21.22 meters. Note the strong mineralization beginning at the base of overburden. Porphyry-related mineralization extends from 10.7 meters down to the end of hole at 510.0 meters, B. strong disseminated and vein-hosted chalcopyrite mineralization associated with strong biotite alteration, C. example of late-stage anhydrite veins with bleached alteration halos, D. mineralized vein-dyke with quartz vein clasts crosscutting biotite monzonite, E. porphyry-related quartz-chalcopyrite veins with local centerlines with strong potassium feldspar halos. Abbreviations: qtz = quartz, cpy = chalcopyrite, mol = molybdenite, anh = anhydrite, bio = biotite, k-spar = potassium feldspar. Table 2. Collar information *UTM NAD83 Z 09 Poplar Project The 44,200 hectare Poplar project in central BC covers Mesozoic aged arc-related volcanic, sedimentary and intrusive rocks considered prospective for porphyry-related copper and gold mineralization. In addition to the Thira target, the project also hosts the Poplar deposit, a near-surface porphyry-related copper and gold system. The Poplar deposit is approximately 10 km north of the Thira target. Vizsla Copper has the option to earn a 100% interest in the property through a series of expenditure commitments and annual cash payments until 2027. Sampling, Chain of Custody, Quality Assurance and Quality Control All drill core analytical results have been monitored through the Company's quality assurance and quality control program (QA/QC). Drill core was sawn in half at Vizsla's dedicated and secure core logging and processing facility near Nadina Lake, BC. Half of the drill core was sampled and shipped by a bonded courier in sealed and secured woven polyester bags to the ALS Global preparation facilities in Kamloops, BC. Core samples were prepared using ALS standard preparation procedure PREP-31A which involves crushing the sample to 70% less than 2mm, followed by a riffle split of 250g, and then a pulverised split to better than 85% passing 75 microns. Following sample preparation, the pulps were sent to the ALS Global analytical laboratory in North Vancouver, BC for analysis. ALS Global is registered to ISO/IEC 17025:2017 accreditations for laboratory procedures. Drill core samples were analyzed for 48 elements by ICP-MS on a 0.25-gram aliquot using a four-acid digestion (method ME-MS61). Overlimit samples (>10,000 ppm Cu) were re-analyzed using an ore-grade, four-acid digestion and ICP-AES finish (method ME-OG62). Gold was analyzed by fire assay on a 30-gram aliquot with an AES finish (inductively coupled plasma atomic emission spectroscopy - method Au-ICP21). In addition to ALS Global laboratory QA/QC protocols, Vizsla implements a rigorous internal QA/QC program that includes the insertion of field and lab duplicates, certified reference materials (standards prepared by an independent lab) and blanks into the sample stream. Data verification of the analytical results includes a statistical analysis of the QA/QC data. Results are considered acceptable. About Vizsla Copper Vizsla Copper is a Cu-Au-Mo focused mineral exploration and development company headquartered in Vancouver, Canada. The Company is primarily focused on its Woodjam project, located within the prolific Quesnel Terrane, 55 kilometers east of the community of Williams Lake, British Columbia. It has three additional copper properties: Poplar, Copperview, and Redgold, all well situated amongst significant infrastructure in British Columbia. The Company's growth strategy is focused on the exploration and development of its copper properties within its portfolio in addition to value accretive acquisitions. Vizsla Copper's vision is to be a responsible copper explorer and developer in the stable mining jurisdiction of British Columbia, Canada and it is committed to socially responsible exploration and development, working safely, ethically and with integrity. Vizsla Copper is a spin-out of Vizsla Silver and is backed by Inventa Capital Corp., a premier investment group founded in 2017 with the goal of discovering and funding opportunities in the resource sector. Additional information about the Company is available on SEDAR+ ( and the Company's website ( Qualified Person and National Instrument 43-101 Disclosure The Company's disclosure of technical or scientific information in this press release has been reviewed and approved by Christopher Leslie, Ph.D., Technical Advisor for Vizsla Copper. Dr. Leslie is a Qualified Person as defined under the terms of National Instrument 43-101. Some technical information contained in this release is historical in nature and has been compiled from public sources believed to be accurate. The technical information has not been verified by Vizsla Copper and may in some instances be unverifiable. Henneberry, T.R. (2024), Data acquisition and processing report, Helicopter Borne MobileMT Electromagnetic and Magnetic Survey, Assessment Report Indexing System, Report 41614, Wagner, D. (1995), Soil sampling and percussion drilling on the Thira Property, Omineca Mining District, BC, Assessment Report Indexing System, Report 24109, Wagner, D. (1996), Assessment report, Diamond drilling on the Thira Property, Omineca Mining District, BC, Assessment Report Indexing System, Report 24392, Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. FORWARD LOOKING STATEMENTS The information contained herein contains "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and "forward-looking information" within the meaning of applicable Canadian securities legislation. "Forward-looking information" includes, but is not limited to, statements with respect to the activities, events or developments that the Company expects or anticipates will or may occur in the future, including, without limitation, planned exploration activities. Generally, but not always, forward-looking information and statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or the negative connotation thereof or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved" or the negative connotation thereof. Forward-looking statements in this news release include, among others, statements relating to the Company's exploration plans. Such forward-looking information and statements are based on numerous assumptions, including among others, that the results of planned exploration activities are as anticipated, the anticipated cost of planned exploration activities, that general business and economic conditions will not change in a material adverse manner, that financing will be available if and when needed and on reasonable terms, that third party contractors, equipment and supplies and governmental and other approvals required to conduct the Company's planned exploration activities will be available on reasonable terms and in a timely manner. Although the assumptions made by the Company in providing forward-looking information or making forward-looking statements are considered reasonable by management at the time, there can be no assurance that such assumptions will prove to be accurate. Forward-looking information and statements also involve known and unknown risks and uncertainties and other factors, which may cause actual events or results in future periods to differ materially from any projections of future events or results expressed or implied by such forward-looking information or statements, including, among others: negative operating cash flow and dependence on third party financing, uncertainty of additional financing, no known mineral reserves or resources, the limited operating history of the Company, the influence of a large shareholder, aboriginal title and consultation issues, reliance on key management and other personnel, actual results of exploration activities being different than anticipated, changes in exploration programs based upon results, availability of third party contractors, availability of equipment and supplies, failure of equipment to operate as anticipated; accidents, effects of weather and other natural phenomena and other risks associated with the mineral exploration industry, environmental risks, changes in laws and regulations, community relations and delays in obtaining governmental or other approvals. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information or implied by forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking statements or information. The Company undertakes no obligation to update or reissue forward-looking information as a result of new information or events except as required by applicable securities laws. SOURCE Vizsla Copper Corp.
