There are 4 new mining exploration licenses that have been placed into the Blue Hill Mines Dynamic Portfolio, due to the Swiss Asian Resources partnership and the Scalability Program of the Blue Hill Mining Project. This is because Swiss Asian Resources has exchanged the remaining BHF-Tokens for a 20% co-ownership of 4 new mining exploration licenses (XV-017877, XV-019281, XV-020751 and XV-020817), meaning an additional 0.0000001428% of each mine are incorporated into the project.
2 of these mines (XV-020751 and XV-020817) will be explored and/or sold to obtain economic liquid benefits that will then be injected into the project. A minimum of 20% of the benefits from the exploration and/or sale will be used for the Burning Program and the balance will be used to acquire more mining exploration licenses under the BHF-Token umbrella. The other 2 mines (XV-017877 and XV-019281) are forecasted to be developed.
The 4 additional mines included in the project are:
Nickel, Cobalt & Manganese License - XV-017877:
8,865 hectares = 9,741 football fields.
Location: 1,250 km west from Ulaanbaatar, in Govi-Altai province.
Potential: 500m wide, 2Km long Nickel & Cobalt on Surface.
Gold & Zinc License - XV-019281:
1,318 hectares = 1,448 football fields.
Location: 900Km east of Ulaanbaatar, in Dornod province.
Potential: USSR mapping - 2 Gold ore bodies and 1 main vein on the surface.
Gold & Copper License - XV-020817:
1,249 hectares = 1,372 football fields.
Location: 1,250Km west of Ulaanbaatar, in Uvs province.
Potential: 10 ton Gold 500,000 ton Copper,
50m wide, 300m long Gold ore body on surface, according to USSR report).
Gold & Copper License - XV-020751:
910 hectares = 1,000 football fields.
Location: 1,500Km west of Ulaanbaatar, in Khovd province.
Potential: 2.7 tons Gold, according to USSR report.
Blue Hill Foundation has done more than promised towards the project!
The additional 4 mining licenses will contribute to reach the underlying value that we need to activate the Buyback Plan. As part of the Dynamic Portfolio, this movement of expansion of our Blue Hill Mines portfolio will add potential value. We will then explore, exploit or sell the mining licenses.
Our tokens have given much to talk about in recent weeks, as well as those responsible for their existence: Blue Hill Foundation, Blue Hill Mining Project. To get into the topic, you need to ask a key question: What is the Blue Hill Foundation and what is the Blue Hill Mining Project?
Blue Hill Mining Project is the mission and Blue Hill Foundation the beginning of an innovative project, that will develop a trading and traceability blockchain platform (Blue Hill Platform) in which a security token will be issued and asset-backed as never before: by real mining licenses.
Blue Hill Foundation was the one who sought funding to explore and exploit mining licenses (called initially Blue Hill Mine) and for that Blue Hill Mining Project will tokenize the percentage of the mining licenses included in its Dynamic portfolio called Blue Hill Mines, offering it then to the public via a future security token inside the Blue Hill Platform exclusively.