Staff Insights

The gold resource exchange ratios in the NatGold tokenization model reflect the NatGold Council’s approach to categorizing gold resources based on their certification level: Measured, Indicated, and Inferred. These ratios determine the number of NatGold coins created for each ounce of gold resource, adhering to industry-standard certifications to maintain the integrity and reliability of NatGold as a digital asset:

Measured Resources: With the highest degree of certainty and detail in gold existence estimates, Measured resources are exchanged at a 20% tokenization discount. Thus, one ounce of Measured resources is equivalent to 0.80 of a NatGold coin.

Indicated Resources: Positioned between Measured and Inferred in terms of accuracy, Indicated resources undergo a 60% tokenization discount. This translates each ounce of Indicated resources to 0.40 of a NatGold coin.

Inferred Resources: As the category with the lowest precision, Inferred resources are allocated an 80% discount in tokenization, valuing every ounce at 0.20 of a NatGold coin.

This structured approach ensures that the NatGold tokenization model is grounded in established mining and financial practices, offering a trustworthy and stable digital asset based on gold’s intrinsic value.

FAQs

What is a NI 43-101 certified gold resource report?2024-04-20T23:30:24+00:00

A NI 43-101 certified gold resource report is a comprehensive document independently prepared by “Qualified Persons” who serve as auditors of gold resource estimates, adhering to the standards set by the Canadian National Instrument 43-101 (Standards of Disclosure for Mineral Projects). This regulatory framework ensures that the public disclosure of scientific and technical information about the existence of gold resources is accurate, reliable, and follows consistent standards.

The report provides detailed information on a mineral project’s geology, exploration results, drilling data, and gold resource estimation. Specifically for gold, the report outlines the quantity, grade (quality), and other geological characteristics of the gold deposits within a project. It categorizes the resources into Measured, Indicated, and Inferred resources based on the level of geological certainty of the gold’s existence.

NI 43-101 certified gold resource reports are essential for investors and stakeholders in the mining industry, providing a trusted basis for investment decisions and ensuring transparency and accountability in public disclosures about mineral properties.

What is Tokenization?2024-04-20T23:35:52+00:00

Tokenization is the process of converting rights to an asset into a digital token on a blockchain. These digital tokens represent ownership or a claim on the asset, enabling it to be traded or managed on digital platforms. This innovative approach offers a secure and efficient means of handling assets, utilizing the transparency, immutability, and distributive nature of blockchain technology.

In the context of the NatGold model, tokenization involves creating digital tokens that represent ownership of a certain amount of gold resources, as certified by NI 43-101 reports. Each NatGold coin is a digital representation of gold resources, making the intrinsic value of gold easily transferable and accessible without the need for physical handling. This process democratizes access to gold as an investment, making it possible for individuals and institutions to invest in gold resources with ease and confidence.

Tokenization transforms traditional asset management and investment by breaking down barriers to entry, reducing costs associated with transactions and storage, and enhancing liquidity in the market. By leveraging blockchain technology, tokenization introduces a new era of asset utilization and investment, opening up opportunities for innovation and value creation.

What is the NatGold Digital Vault?2024-04-21T19:41:01+00:00

The NatGold Digital Vault, operated by OroEx Corp., is a crucial component of the NatGold ecosystem, specifically engineered to tokenize, securely manage, and store NatGold Coins before their distribution, storage, and trading on the NatGold Multichain. These coins result from the tokenization of mining titles containing NI 43-101 certified gold resources. The vault utilizes ledger-based technology that incorporates some blockchain principles, such as ledgering and digital signatures. However, it remains a closed system to ensure controlled access and enhanced security, distinguishing it from public blockchains, which are accessible by the general public.

This Digital Vault is designed with a robust security architecture to safeguard sensitive information. It operates on a closed ledger system, which allows for stringent control over all transactions related to the creation and distribution of NatGold Coins. To maintain data integrity and prevent tampering, each transaction is securely hashed using advanced cryptographic algorithms. Additionally, comprehensive audit trails capture detailed logs of all operations, enhancing the vault’s compliance and auditability.

Access to the NatGold Digital Vault is tightly regulated through sophisticated authentication mechanisms, ensuring that only authorized personnel can interact with or access the system. This is further supported by role-based access control, which assigns different levels of permissions based on the specific roles of the participants. The physical and network security measures in place, including encryption of sensitive data and regular security audits, ensure that the vault remains not only compliant but also resilient against unauthorized access and data breaches. This combination of privacy, security, and transparency makes the NatGold Digital Vault a pivotal element in maintaining the integrity and trustworthiness of the NatGold ecosystem.

How is an ounce of NatGold different from a traditional ounce of gold?2024-05-03T15:18:34+00:00

An ounce of NatGold is not physically different from a traditional ounce of gold; both are essentially the same element, gold. The distinction lies in their extraction and storage methods. NatGold leverages a digital mining process that is ESG-friendly, allowing the gold to remain securely in the earth. This process unlocks the monetary value of gold without physical extraction, preserving the environmental, social, and economic landscape.

In contrast, a traditional ounce of gold is physically mined, requiring it to be dug out of the ground and brought to the surface. This conventional method captures the value of gold but often comes with significant environmental, social, and financial costs.

What is Regulation S-K 1300? How important a role did CRIRSCO’s International Reporting Template (IRT) play in its development?2024-04-20T23:39:39+00:00

Regulation S-K 1300 is a set of regulations implemented by the U.S. Securities and Exchange Commission (SEC) to modernize and improve the disclosure and reporting standards for mining properties. It replaced the previous Industry Guide 7, aiming to align U.S. reporting requirements more closely with global standards.

CRIRSCO’s International Reporting Template (IRT) played a significant role in the development of Regulation S-K 1300. The IRT provided a framework that helped harmonize the various national and regional reporting standards into a globally accepted guideline. This alignment was crucial in informing the SEC’s approach, ensuring that S-K 1300 would facilitate greater consistency and comparability in the reporting of mineral resources and reserves, aligning it more closely with international standards and enhancing the transparency of disclosures to better serve global investors.