Staff Insights

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.

FAQs

Do mining claims on U.S. federal lands managed by the U.S. Bureau of Land Management (BLM) require the establishment of legislation in conformity with NatGold legislative policies before they can be tokenized in the NatGold ecosystem?2024-04-21T13:20:59+00:00

While U.S. Patented Land Claims offer a clear pathway for tokenization within the NatGold industry, given the presence of certified gold resources, the opportunity to obtain new Patented Land Claims was effectively closed in 1994. That year, the United States Congress enacted a moratorium that significantly restricted the issuance of new mineral patents, although it grandfathered existing claims that had fulfilled all requirements before its enactment.

To develop a truly global NatGold market, there is an urgent need for NatGold legislation that accommodates the digital mining of all certified gold resources. This legislation is critical not only at the federal and state levels in the United States but also internationally, aiming to establish a cohesive, globally recognized standard for the NatGold industry.

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 Committee for Mineral Reserves International Reporting Standards (CRIRSCO) and what role does it play in standardizing global mining reporting practices. 2024-04-20T23:31:27+00:00

The Committee for Mineral Reserves International Reporting Standards (CRIRSCO) is a pivotal non-profit organization dedicated to harmonizing global mining reporting practices. It comprises representatives from National Reporting Organizations (NROs) from various countries, including Australia, Brazil, Canada, Chile, and South Africa. CRIRSCO provides the International Reporting Template (IRT), a framework that aligns national and regional standards into a globally recognized guideline, ensuring consistency and comparability in the reporting of mineral estimates, resources, and reserves worldwide.

Although CRIRSCO doesn’t have a central physical headquarters, it operates through its member organizations spread across these countries. This template aids in maintaining transparency and reliability in public reporting, which is crucial for investor trust and regulatory effectiveness in the mining sector. CRIRSCO’s international collaborations and its endorsement by global entities underline its significant role in shaping mining standards globally.

What does ESG stand for?2024-04-21T15:19:38+00:00

ESG stands for Environmental, Social, and Governance. These three broad categories are used to evaluate the sustainability and ethical impact of an investment in a company or business. Here’s what each component generally focuses on:

Environmental criteria consider how a company performs as a steward of nature. This includes its energy use, waste, pollution, natural resource conservation, and treatment of animals. The criteria can also help evaluate any environmental risks a company might face and how the company is managing those risks.

Social criteria examine how it manages relationships with employees, suppliers, customers, and the communities where it operates. This can include labor practices, employee health and safety, and the company’s impact on the communities where it operates.

Governance deals with a company’s leadership, executive pay, audits, internal controls, and shareholder rights. This aspect looks into how a company is governed, particularly in terms of transparency, accountability, and business ethics.

These factors are increasingly important to investors, as they can affect a company’s profitability, risk profile, and overall sustainability.

Why does NatGold only recognize certified gold resources and not certified gold reserves when determining tokenization ratios?2024-04-20T23:34:04+00:00

The essence of NatGold’s valuation lies in its innovative approach to digital mining, which capitalizes on the inherent value of gold’s existence rather than its physical retrievability. This method relies on the assessment of certified gold resources, which quantify the presence of gold irrespective of its extraction feasibility. Conversely, certified gold reserves evaluate the economic viability of extracting these resources, a consideration irrelevant to NatGold’s mission. The International NatGold Council upholds a philosophy that sidesteps the environmentally and financially costly process of physical extraction in favor of a more sustainable, digital approach.

By choosing to tokenize gold based on its certified existence, NatGold challenges the traditional mining paradigm, rendering the debate over extraction viability moot. This shift not only aligns with environmental conservation efforts but also redefines the utility of gold as a store of wealth. It renders the act of extracting gold only to secure it in vaults both illogical and wasteful. Through digital tokenization, NatGold ensures that gold can fulfill its monetary role while remaining undisturbed in the earth, showcasing a practical commitment to ESG principles and making a clear case for the absurdity of conventional extraction methods.