Timeline
Attention: The following timeline will be possible in the case of total sale of first NFT drop within six months after launch, raising a minimum of 100 000 USD.
If the time required to raise this amount is going to be longer or if only part of this amount is raised, then - as a consequence - the timeframe for implementation will extend and the payouts will be lower and start later, till the required minimum amount is completed.
Note: Green underlining marks the milestones, when monthly payouts will increase due to added business capacity during the permit process.
PHASE I - basic initialisation
Path 1 - Concept & Design Phase
Elaborating business structure (DONE)
develop gitbook as whitepaper version beta 0.1 (DONE)
Design of Landingpage (V1.0)
Design of GreenGold NFT (IN PROGRESS)
Path 2 - Mining Process
Creation of mining company and registration of mining company in the public registry of companies of Lima, Peru
First field trip to possible gold claims, located 250 km south of Lima in the Peruvian coastal desert mountains for geological sampling of possible gold veins.
PHASE II - initialising gold manufacturing
Path 1 - Fundraising
Launch of project and building the community
Launch Whitelist places
Path 2 - Mining process
Further field trips to possible gold claims and geological sampling
Decision about which gold claims are to be claimed
Starting the process of legal registration as “Small Scale Mining Company” with Ministry of Energy and Mining, as well as starting process of inscription of gold claim of the registered company – Small Scale Mining Companies have the right to register up to 20 claims = 20 square kilometers of land.
Registration process and claiming process should come to an end before the end of November.
Path 3 – Concentration Plant for Gold processing
Design of “Gold Concentration Plant” and starting to search for an adequate plot of land to build the plant.
Search for plot of land for “Gold Concentration Plant” should come to an end before the end of October.
Buying land plot for “Gold Concentration Plant”
Phase III - starting design & process study
Path 1 - Fundraising
Launch of first NFT drop
Path 2 - Mining Process/ Studies & Permissions
Investment in basic gold mining equipment as requisite for the legal inscription of gold claim
Starting process to make required studies and get permits (process length approx. 8 months):
Environmental Impact study,
Study of possible archeological remains on the claim area,
Study of water bodies (probably not existent, but still: study has to be done),
Study of wastewater treatment (actually no wastewater will be generated – still: the technical document proving this has to be done),
Design of mining camp, o Permit for buying, storing and using dynamite
Plan for mine closure after 40 years of mining
Path 3 - Gold Concentration Plant/ permition gold concentration plan
Starting process to get permit for “Gold Concentration Plant” (Process approx. 3 months)
Required:
Registration of plant with municipality
Acquiring basic concentration equipment
Getting wastewater permit.
Design of plant
Obtaining permit to build “Gold Concentration Plant”
Path 4 - Temporary cooperation with other claim owners
Creating a temporary agreement with another mining concession owner in order to put mining equipment to use on other claim while our own permit process still runs.
Phase IV - departure phase
Path 1 - Fundraising
All NFT´s are sold
Path 2 - Mining Process
Registration process and claiming process should be concluded
Path 3 - Construction gold concentration plant
Acquiring basic concentration equipment
Operational Permit for “Gold Concentration Plant” after visit by representative of Ministry for Energy and Mining to review the constructed infrastructure.
Construction of Gold Concentration Plant”
Path 4 - Temproary cooperation with other claim owners
Starting to mine on gold claim of temporary partner
Use equipment with partner claim
Phase V - begin concentrate gold
Path 1 - Fundraising
Income from proceeds on the secondary market
Path 2 - mining process
Obtaining permission to mine on our own claim from the ministry of Energy and Mining, as well as obtaining permit for buying, storing and using dynamite from “Discamec” (Peruvian authority for weapon control)
Building mining camp and hiring miners
Start of mining on our own claim
Path 3 - Construction gold concentration plant
High concentration of gold from foreign mines or purchased stones
First reward payout of profits made from Temporary mining – from now on monthly payouts to NFT holders.
Path 4 - Temproary cooperation with other claim owners
Continue mining in the mine
Phase VI - obtaining own claim
Path 2 - mining prcess
Sale of gold concentrate at higher prices than before
Increased payouts to NFT holders due to higher rewards
Path 2 - start own mining
Obtaining green Gold certification
First rewards from our own gold mining
From now on again increased monthly payouts due to higher rewards
Start of continued increase of production capacity
Path 4 - Temproary cooperation with other claim owners
End of temporary mining cooperation with partner
By December 2023 the company has all the permits and capacities to operate from mining to gold processing. Gemrock Peru is going to buy the entire production of gold concentrate guaranteeing steady income and payouts
Phase VII - Future outlook
Step 1 - to be continued
The mining company is fully set up and will obtain the “Green Gold” certificate for ecological and ethical mining.
The mining company starts reinvesting rewards into obtaining a constantly growing number of claims, increasing the mining activities on existing claims, increasing the concentration activities in the “concentration plant” and enters into a phase of constant growth.
As a result: monthly payouts will enter in a phase of constant growth.
There is no limit set to this phase of scaling up.
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