Calypso Uranium is dedicated to being a good neighbour and we are diligent in our efforts through our local employees to acquire the "social license" to operate in the communities where we are present.

Calypso Uranium is either alone or among very few companies active in uranium exploration in Argentina actually to have Argentineans on its Board of Directors and as Officers of the company, in addition to holding senior management positions. This brings the company unique management direction, deep appreciation of the local environment in which we operate and respect for the need to work closely with local communities and all levels of government.

In Argentina, through our subsidiary Energía Mineral (Inc.) S.A., we are actively engaged in a number of areas.

In the province of Mendoza, Energía Mineral is a member of the Mendoza Chamber of Mining Companies (Cámara Mendocina de Empresarios Mineros - CaMEM) and active in its information and communications efforts. The company also supported the December 2007 seminar on Sustainable Development sponsored by the Mendoza Economic Federation and is a sponsor of the FUNDAMIN course on "Mining for Non-Miners" offered in Mendoza in May 2008.

In the Malargüe area of Mendoza, Energía Mineral initiated the cooperative arrangement between CaMEM and the County of Malargüe which is chaired by Guillermo Pensado, Calypso Uranium's Vice President for Exploration and Energía Mineral's Exploration Manager. Energía Mineral is a strong supporter of Malargue's Mining Technical School (Escuela 4-018 "Manuel Nicolás Savio" Técnica, Química y Minera), a mining technician focused high school. The company has presented classes on GPS use and radiation safety and supported a field visit to the company's Huemul Project for a gathering of all mining technician schools in Argentina in May 2007. We also support the community's economic development efforts to bridge tourism and natural science by commissioning a volcano mural for the local natural science museum and supporting the development of a park where visitors can view the best collection of dinosaur footprints in Argentina.

In Neuquén and Chubut, Energía Mineral continues to deepen our community interaction efforts including through linkages with local mining schools and the support of economic development, research and tourism efforts related to paleontology. In Neuquén, the company is supporting a field visit in May 2008 by the Universidad Nacional de Comahue's Zapala Campus Degree program for Mining Technology to the company's Campesino Norte project. Energía Mineral is a sponsor of the III Latin American Congress of Vertebrate Paleontology, in Neuquén in September 2008.

Energía Mineral makes every effort to procure goods and services not only in Argentina but particularly from the local communities where we are active, thereby contributing to local economic growth and employment.

In every area we are present, the company is committed to maintaining respectful relationships with landowners and people living in the area.

Photos	expand/collapse

Health and Safety

Because uranium is a naturally radioactive element just as it lies in the earth and as such is judged to present no risk to human health, few norms worldwide regulate radiation protection in uranium exploration and none in Argentina. Despite this, Energía Mineral has created and adopted the most modern and complete radiological safety program governing uranium exploration in Argentina, the "Radiological Safety and Protection Guide for Uranium Exploration".

In addition to complying with all Argentinean occupational health and safety laws and norms regarding radiation protection, the company has adopted both the international risk principle of "As Low As Reasonably Achievable (ALARA)" as well as Health Canada's "Canadian Guidelines for the Management of Naturally Occurring Radioactive Materials (NORM)" with respect to radiation safety in all stages of our work. All employees, contractors and service providers are required to read and adhere to the guidelines, and the company's geophysicist regularly monitors employees, contractors, and select individuals or sites with the company's dosimeters. In the community, people living in the company's exploration areas are also included in the monitoring program.

Our "Our Radiological Safety and Protection Guide for Uranium Exploration" has been shared with the national nuclear regulatory authority (ARN), the national atomic energy commission (CNEA), communities and assay laboratories. The complete guide and focussed sub-guides for employees, contractors and the general public are available in Spanish on our website, all updated in April 2008.

Photos	expand/collapse

Environment

As a group who study the earth and its elements more closely than any other and are respectful of the area in which they work, Energía Mineral's exploration geologists are natural "environmentalists". To promote transparency and to build awareness and public understanding of uranium exploration, all the company's environmental impact assessment reports are posted publicly on our website (available by individual project under "Projects").

National and International engagement

Energía Mineral was the only private sector sponsor of the October 2006 IAEA and Argentine National Atomic Energy Commission (CNEA) Technical Meeting in Mendoza on "Uranium Exploration, Mining, Production, Mine Remediation and Environmental Issues", which included a field visit to the Sierra Pintada Mining and Milling Centre.

In 2005, Roney Long, President of Calypso Uranium and of Energía Mineral, was the only private sector employee ever to be sponsored by Argentina as a representative at the annual IAEA Symposium in Vienna, Austria.