These are the latest updates regarding our roadmap!
Initial Drilling and mapping
2010-2012 COMPLETED
IP mapping and drilling program 10 drilling holes with total of 1,879 meters indicate
large volumes of Copper, Cobalt, Nickel and Gold.
Geological reports
2010-2017 COMPLETED
Technical exploration, mapping and geological reports by AGH and the Senior
geologist from Turquoise Hill Mine D. Garamjav.
Project Appraisal
Q3-2017 COMPLETED
Blue Hill Mining Project appraisal report by Royal HaskoningDHV.
Starting of Liquidity System
Q3 2019 COMPLETED
Beginning of the buying and selling of new mines as part of an advanced Liquidity
System
Pre Scanning
Q4-2019 COMPLETED
Geological works and Pre-Scanning of mining exploration licenses within the
Liquidity System
Extra mines 1st stage
Q1-2020 COMPLETED
Ownership of additional mining exploration project(s) under our Token.
Blue Hill Platform development
Q2 2020 ACTIVE
The Blue Hill Platform begins its development, which will be made in 4 stages:
1st stage: BHF Issuing and distribution
2nd stage: BHM Issuing and distribution
3rd stage: Traceability
4th stage: Trading and other services
BHF-Token Issuing and Distribution
JULY 2020
BHF-Tokens are unregulated utility tokens that will only be issued once the Blue Hill
Platform is ready. The BHF-Tokens will give rights to receive the services on the
Blue Hill Platform: traceability, access to other partners services, bank financing,
tradeability. You can only access to the Blue Hill Platform if you are a BHF-Token
holder. The BHF-Tokens will be distributed inside the Blue Hill Platform once issued.
Regulation
DATE TO BE CONFIRMED, ACTIVE
Intention to be fully licensed under one of a Financial Market Authorities
BHM-Token Issuing
DATE TO BE CONFIRMED
Our BHM-Token will only be available in our Blue Hill Platform.
Voting: Listing BHF or BHM?
Q3 2020
The token-holders will have the opportunity to choose whether to list the BHF-Token
or the BHM-Token. For this, we have requested a Legal Opinion for each of the
tokens, in order to have credible and objective information.
The new characteristics and utilities of the BHF-Token within the Blue Hill Platform,
give it a new status and make it interesting for being demanded in the platform and
the market. Its new configuration, making the BHF-Token a brand new utility token,
would also allow it to be listed in the actual crypto-market.
This is why we will give the opportunity to our token holders to vote between the
listing of the BHF-Token or the BHM-Token (as it is in the original planification). This
last one, within the actual situation of the Security Token Market, and the difficulties
of accessing to them and trading with them.
Beginning of the Full Geological Scanning Analysis
Q3 2020
With the usage of an edge-top Scanning Technology, the cost of exploration of Blue
Hill Mines is reduced, avoiding large investments without the expected results. By
analyzing the ground with the scanning technology given by Swiss Asian resources,
we can know the amount and type of minerals present in, where are they
concentrated, and where it is better to begin the drillings in each mine. This
generates a great costs reduction, due to the effectivity of the drillings with the
Scanning Technology information.
Token Listing
DATE TO BE CONFIRMED
Depending on the result of the voting yet to come, we will be listing the BHF or the
BHM Token for trading.
Burning Program
Q4 2020 (onwards)
It is a mechanism within the Blue Hill Mining token model. The “Burning Program”
will buy Tokens from the market (from the exchangers once the token is listed).
These purchased tokens will then be burnt in order to decrease the number of
tokens in circulation. Every time we burn tokens, the tokens holders get more shares
per token; which means that it increases the co-ownership of the mines.
Drilling Program
Q2 2021
Post full scanning results, precise drilling of the mineral ore bodies will be made
based on the Satellite Geological-Scan, in order to accurately determine the grades
and total volumes of the mineral resources. As well as to start the process to obtain
the exploitation licenses to extract and sell the mineral resources.
3d Geological model
DATE TO BE CONFIRMED
3-D Geological Model, feasibility Study, NI43-101 standards of disclosure for mineral
projects, and mine operator tender.
Mines operators tenders
DATE TO BE CONFIRMED, ACTIVE
Offtake and Joint Venture agreement will be made with credible and capable
companies to extract and sell the mineral resources from the mine(s) destined for it
by the Blue Hill Mining Company.
International Audit
Q4 2021
Blue Hill Mining will make periodic and routinary audits via one of the “Big Four”
accounting companies, to analyze the underlying value of the Blue Hill Mining
Project.
Buyback Plan
FROM 2022 (onwards)
The ultimate goal and final stage of the life of the BHM-Token is the buyback plan,
which is when the underlying value of the BHM-Token reaches its target value of
US$30 per token. This can be achieved by the combination of our “Liquidity System”
and “Burning Program” as they both complement each other, as our “Liquidity
System” will continue to buy more and more mining exploration licenses that will
continually increase the underlying value of the BHF-Token with time and the
“Burning Program” will continue to burn our Tokens, meaning that there will be less
and fewer tokens with time until eventually, the underlying value per token reaches
US$30.
Once the underlying value of the BHM-Token gets to a specific value yet to
determinate and not lower than the 30% (of US$30), we will make a voting for all the
token holders, in order to decide whereas they want to start the buyback Plan at that
time, or wait for the price to continue rising.
