Chile’s gold mine – Gold Bit Token

Chile Gold mine

Gold mining operations with zero environmental impact.

Click on Globe to see the concession on google earth

GOLDBIT tokens

10 M

Initial Price

$ 0

Market Cap

$ 0 M+

Expected price in 2nd year

$ 0 +

El Mollaco Prospect is located at about 23.6Km in a straight line S.E. from the city of Coquimbo, at an average elevation of 900 meters abover sea level. It comprises of an area of approximately 18 Km2 distributed in six mining exploitation concessions and six mining explorations concessions, in the name of Minera Cruz de Cañas SPA.

Based on studies performed in 2022 determined that the reserved is calculated in 180,000,000mT×0.5g/mt=90,000,000grams the reserve gold will yield an amount approximately ≈ Total value=90,000,000grams×$85.49/gram =$7,694,100,000 in gold only. It will take 3 months to set up the processing plant, with an additional 5 months required to commence gold production with the new processing plant!

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8 Some results after drilling

To further enhance productivity, the mine requires funding to establish a processing plant and acquire additional equipment. We aim to raise $1 million in the initial round of funding the move on to $10 million on second stage. The determined values were: Cu: 1.0 – 1.82%, Au: 0.5 – 1.0 g/mt, Ag: 1.2 g/mt, and Mo: 804 ppm. The inferred resources for the prospective area extend 4,900 meters in length, 600 meters in width, and 23 meters in depth, with an average density of 2.7 g/cm³. The Mollaco prospect contains ore with Cu (copper), Fe (iron), Zn (zinc), Ag (silver), Au (gold), and Mo (molybdenum), associated with veins and disseminated minerals within a volcanic pyroclastic sequence.