An exclusive opportunity to invest in a metal (gold) mining company that’ll distribute over 45 percent of its net income among all holders of ORETOKENS!
The aim of ORETOKEN is to create a digital asset that’ll be totally backed by a firm dedicated to taking out of luxurious metals such as pure gold. The firm, PMMSA will distribute over 45 percent of the net incomes to entire holders of ORETOKENS. This circulation will be completed on weekly basis. The figures show that the ORETOKEN’s projected that’ll provide a net income of over $2,517,600 US Dollar each month of which $1,132,975 US Dollar which equally distributed between the token (12,500,000 ) holders. This is equal to $0.09 US Dollar each token each month!
Some major issues we face in this sector
The locals (people belongs to the area) in the metal-rich venue of PASO YOBAI discussed a deal with firm South American (Latin American) Minerals Inc. negotiated a handover of over 83.35 hectares that they’ve the rights of mining. This over includes 840 Meters or more than 2790 feet of the PASO YOBAI metal (Gold) trend that’s defined by an over 8k meters long by over 300 meters wider metal land anomaly. The 840 meters by 300 meters place keeps an AVG of 7.6 g of gold.
The locals established the Association called Small Miners Association. But the main issue was that they had small to no skill or experience in the mining field. Using makeshift metal recovery plants, they just recovered about 25 to 30% of the gold. Around 70 to 75% of the metal ended up in their Tailings, but this open ditch mining was remaining economically doable to a depth of about 13-15 meters.
As the pit got deeper and deeper and costs of mining higher to a point that it was no longer profitable, so the landholders started to rent out the place business persons. A few of the business persons brought in better metal recovery plants and did really well up to a depth of about 35-40 meters, but they too were losing, in few matters, up to 40% of the gold in Tailings.
Their main concern was that most didn’t have people with the recovery of metal experience or mining knowledge or that they invested in the incorrect sorts of metal recovery plants for this venue. One more major problem is that none of the mining processes did any forward arrangement for the roads inside the pit.
They created makeshift cranes with help of buckets to hoist out just the ore that holds a higher concentration of metal. The completion of the ore was eliminated by an excavator in a step-by-step way. In several causes a very expensive 8-9 step procedure. The entire this ore discarded and not operational.
Key Solution
The ORETOKEN put together an experienced team and formed a firm, PMMSA. The team members, between others, include two people that have the experience needed to recover and extract the metal. The CEO of ORETOKEN, a South African, is a metal mine manager with more than 9 years of knowledge. For more information about their team members, PLZ read BOD (Board of Directors).
Juan VILLALBA is skilled in the recovery as well as chemical recover of metal with 10 years of experience. They also have complete ecological surveys and interior drilling analysis of the soil they want to obtain, and it shows that the region that we desire to exploit is wealthy in gold. Also, their pilot system and sampling have established that the soil is rich in gold.
For further info please visit following links:
Website: https://www.oretoken.io/
Whitepaper: https://www.oretoken.io/docs/ORET-Whitepaper.pdf
Telegram: https://t.me/OREToken
Twitter: https://twitter.com/oretoken
BountyMiner username: araya95
BountyMiner website: https://bountyminer.io/register?r=1189600532