Staff Insights

U.S. Patented Land Claims align well with NatGold legislative policy primarily because they provide comprehensive ownership rights that include both surface and subsurface mineral rights. This dual ownership structure allows holders to fully control their property without the complications of ongoing fees or royalties that are common with traditional mining titles. Moreover, the associated costs, primarily property taxes, can be significantly reduced or even eliminated by severing the subsurface rights from the surface rights, thereby assigning the tax liability solely to the surface rights holder.

Additionally, these claims are perpetual and fully transferable, which are crucial attributes for the NatGold industry. The perpetual nature of these claims ensures that there are no expiry dates on the rights to the resources, aligning with NatGold’s requirement for a stable and lasting resource base. The ability to freely transfer these claims supports the continuity and integrity of title transfers, a fundamental requirement for tokenizing these assets within the NatGold ecosystem. Together, these features provide a stable foundation for the NatGold industry, facilitating the seamless integration of real-world gold resources into the digital economy.

FAQs

Why is NatGold mining considered ESG-friendly?2024-04-21T15:42:57+00:00

NatGold mining is considered environmentally, socially, and governance (ESG)-friendly because it promotes the monetization of natural gold resources without the physical extraction of gold from the earth. This innovative approach involves the tokenization of National Instrument 43-101 (NI 43-101) certified gold resources, which are kept in their natural state underground. Unlike traditional gold mining, NatGold mining does not involve the environmentally and socially detrimental activities typically associated with the extraction and processing of physical gold, such as land degradation, water pollution, and the displacement of communities.

Furthermore, NatGold mining eliminates the need for the extensive security measures, transportation, storage, and insurance required for physical gold, thereby reducing the carbon footprint and enhancing the sustainability of gold as a financial asset. By leveraging digital tokenization, NatGold provides a stable, secure, and flexible supply of monetary assets that meets modern financial system demands without the negative environmental and social impacts of traditional gold mining practices. This positions NatGold as a pivotal component in sustainable finance, offering an ESG-friendly alternative to conventional methods of gold monetization.

How significantly has Canada’s NI 43-101 Technical Report influenced the design of CRIRSCO’s International Reporting Template (IRT)?2024-04-20T23:41:36+00:00

Canada’s National Instrument 43-101 (NI 43-101) has had a significant influence on the design of CRIRSCO’s International Reporting Template (IRT). Developed by the Canadian Securities Administrators, NI 43-101 sets stringent guidelines for the public disclosure of scientific and technical information related to mineral projects, which emphasize transparency, accountability, and detailed reporting. The comprehensive nature of NI 43-101, particularly its rigorous requirements for Qualified Persons and its structured approach to defining mineral resources and reserves, served as a model for many of the principles incorporated into the IRT.

This influence ensures that the IRT aligns with the high standards of reporting established by NI 43-101, facilitating consistency and comparability among international mining reports and aiding in the global harmonization of mineral resource and reserve reporting standards. This alignment is crucial for fostering trust and confidence among investors and regulators in the mining industry worldwide.

With respect to NatGold, why is tokenization often referred to as “digital gold mining”?2024-04-20T23:36:49+00:00

Tokenization, in the context of NatGold, is aptly termed “digital gold mining” because it transforms the concept of mining by moving the process from the physical world to the digital sphere. This innovative approach represents certified gold resources as digital tokens, known as NatGold coins, on a blockchain. Unlike traditional gold, these digital tokens can be traded, sold, or held as investments, mirroring the functionality of physical gold but eliminating the environmental degradation associated with gold mining.

By enabling the virtual exchange and holding of gold resources, this method pioneers a sustainable, efficient, and ESG-friendly avenue for harnessing the monetary benefits of gold. It sidesteps the need for physical extraction, offering a contemporary solution that aligns with global sustainability goals. The term “digital gold mining” thus encapsulates this modern process, highlighting a shift towards a more responsible and innovative way to value and interact with gold in the digital economy.

What is the NatGold ecosystem?2024-04-21T19:08:58+00:00

The NatGold ecosystem is a comprehensive hybrid ledger/blockchain-based platform designed to facilitate the tokenization of qualifying mining titles containing certified gold resources into NatGold coins, ready for storage, distribution, and global trading within a DeFi framework. Operating in a fully auditable, transparent, and strategically managed manner, the ecosystem encompasses key components such as the NatGold Trust, NatGold Digital Vault, NatGold Bilateral Bridge, NatGold Multichain, and NatGold Media DApp. Together, these elements ensure a secure, transparent, and regulatory compliant environment, exemplifying a robust NatGold framework.