#Precipitate gold trial

By means of acquisitions, strategic investments, and its present funding holdings, AXTG seeks to assist, develop and reap the benefits of varied fintech, blockchain, DeFi, NFT, carbon offset digitization and metaverse tasks, alternatives and initiatives. (OTC Pink: AXTG) is a publicly traded holding firm centered on the promotion, improvement, administration and advertising and marketing of varied facets of companies surrounding all facets of decentralized finance (DeFi). There are lots of attendant advantages to digital inexperienced gold, together with streamlined regulatory compliance and decrease working prices on the supply mine, and the chance to qualify for carbon offsets, which have the potential so as to add worth to such NFTs by offering an extra earnings stream by no means earlier than accessible on this future digital asset class.”Īxis Applied sciences Group, Inc. By linking the three commodities – GOLD, Carbon credit and a blockchain-based token, this challenge is aimed to assist create a brand new setting that not solely will increase transparency, but additionally helps to cut back transaction prices by way of excessive bills incurred as a consequence of intermediaries.īy sourcing and including new gold from ESG-compliant mining properties, such NFTs finally can be superior to any competitor’s NFTs by advantage of their underlying asset, which the socially-responsible funding group has known as “inexperienced gold”. The challenge goals to create an ESG compliance blockchain ecosystem for the worldwide distribution, storage and possession of gold. These mining claims shall be ready for ESG-compliant gold mining by the fourth quarter of 2022. The remaining 400 TIENGOLD NFT models are designated to assist fund the logistics and preparation for a gold mining web site in Arizona to acquire an NI 43-101 report on 200 acres of designated mining claims.

#Precipitate gold trial

Already, 1,000 TIENGOLD NFTs have been minted on OpenSea, and 600 models of those TIENGOLD NFTs are already reserved for this trial order by an precise gold purchaser, TiENGOLD LLC and a letter of credit score have been issued. TiENWORLD will profit from the challenge transaction charges together with the minting of the TIENGOLD NFTs and the buying and selling of those TiENGOLD NFTs on Opensea. Upon completion of this trial digitized gold NFT program, TiENGOLD will proceed to concern future gold NFTs that may entitle its shoppers to those similar phrases – together with bodily supply of the gold, if desired – as much as an combination month-to-month order of US$1 million. The preliminary providing will encompass a trial order of digitized gold that may precipitate the precise transaction (together with supply of bodily gold, if desired by the purchaser of the gold NFT) inside the subsequent three months. By partnering with TiENGOLD, our workforce has been working to digitize bodily gold property utilizing NFTs. Los Angeles, CA, J(GLOBE NEWSWIRE) - TiENGOLD would be the first ESG compliance platform to supply gold mine asset digitization by means of the usage of NFTs in partnership with TiENWORLD, a wholly-owned subsidiary of Axis Applied sciences Group, Inc (OTC Pink: AXTG). Precipitate owns all its property assets 100% or via option rights to acquire 100%.TiENGOLD digitizing ESG compliant bodily gold mine asset partnering with TiENWORLD a subsidiary of Axis Applied sciences Group Inc (OTC Pink: AXTG) JUAN de HERERRA - adjacent to the Romero/Tireo project operated by GoldQuest.Significant untested multi-element epithermal gold anomaly and PONTON - 30km east of Barrick's Pueblo Viejo Mine, hosted in the same Los Ranchos Formation geological terrain.Subject to an Earn-In Agreement whereby Barrick Gold Corp can earn 70% by spending US$10M and delivering a pre-feasibility study before sixth anniversary.

PUEBLO GRANDE - adjacent to the world-class Pueblo Viejo mine operated by Barrick (central Dominican Republic).

Includes a 10-20 meter wide alteration and shear zone with select grab rock samples up to 5.4 g/t gold. Ace - Underlain by Exploits Subzone rocks which are favoured lithologies that host significant gold mineralization across central Newfoundland.MOTHERLODE - 11 historical mineral occurrences, including 8 gold showings with grab samples up to 25 g/t gold within the Burin Peninsula of southern Newfoundland, Canada.Precipitate's strategic and prospective project portfolio provides exposure to landholdings in active and desirable regions, including two projects adjacent to prominent operations.

Precipitate Gold Corp (TSXV: PRG, OTCQB: PREIF) - District-Scale Strategic Land Positions in Newfoundland and the