ORET - GOLD MINING AND BLOCKCHAIN TECHNOLOGY
Hello everyone, If you are interested in Blockchain technology and want to invest in a Project that uses blockchain technology, you should read my article because I will introduce the Blockchain project called ORET and to find out more about the benefits and advantages of the ORET project, here is the explanation:
ORET is an easy way for anyone to be able to invest in Gold Mining and directly share in the profits. The added benefit is that ORET holders grow with the company as we expand.
Our goal is to create a cryptocurrency that will be entirely backed by a company dedicated to the extraction of precious minerals such as gold.
The company, Paraguay Mineral Mining S.A. (PMMSA) will distribute 45% of the net profits to all ORET Token holders. This distribution will be done on a weekly basis.
As a result of the geological exploration of the area, our experts have calculated that the average gold mineralization is 7.5 g of 999 alloy of Gold per ton of ore. The calculations show that our projected plant will give a net profit of 2,517,500 USD per month of which 1,132,875 USD which will be equally distributed among the 12,500,000 ORET tokens. That is equivalent to 0.09 UDS per ORET per month.
The ORET Token is one of the first options in the world of cryptocurrencies to invest and share the profits of a Gold Mining Company. With the aid of Blockchain technology, all ORET Token holders receive their weekly profits in Ethereum. Discovered by a local prospector in 1996, Paso Yobai is an emerging gold camp located in eastern Paraguay. The town of Paso Yobai is approximately 150 kilometers east of the capital city, Asunción. This document contains proprietary information. Written consent is required for distribution or duplication of any portion contained herein. ©2017, 2018 -Paraguay Mineral Mining SA 3 The property of the Association of APM (Asociación de Mineros Pequeños) covers a total of 83.37 hectares, which includes exploration concessions of the previously mentioned land. APM owns 100% of the exploration concessions that cover 850 meters of the gold trend and is fully licensed for extraction.
45% of the company generated profits will be converted into Etherum and distributed among the holders.
How Does this work?
Here is a brief explanatory video about OREToken and it’s purpose.
ORET has the potential to grow substantially over the next few years.
INVEST
Our company Paraguay Mineral Mining S.A. gives you the opportunity to invest and be part of our company by buying ORET Token, thanks to the blockchain technology.
OUR COMPANY
Our company will start activities once the ICO ends, starting with the acquisition of the land. Thereafter, the installation and start-up of the mineral processing plant.
OUR INVESTORS RECEIVE THEIR PROFITS
Investors receive 45% of the net profits of Paraguay Mineral Mining S.A. company, directly related to the profits from gold extracted.
Details of Tokens Sales
- ICO START:NOVEMBER 1
- ICO ENDS :JANUARY 31
- TOKEN SYMBOL: ORET
- TOTAL SUPPLY: 12.5 million ORET tokens
- PRICE PER TOKEN:0.545 USD
- MINIMUM PURCHASE:50.00 USD
- MAXIMUM PURCHASE:150,000 USD
- HARD CAP.:6,000,000 USD
Use Of Funds And Distribution
- No Tokens will be distributed among our team members or any person that is connected in any way to PMMSA. This includes, family members, relatives, friends or anybody acting on their behalf.
- All Funds raised in ORETokens ICO will be invested into PMMSA.
- 10% of the funds raised will be held as a safety net for any unexpected costs, or for initial operational expenses until the Main Plant is fully operational.
- All excess ORETokens of Project One , Two or Three will be burned once the plant is fully operational and showing a profit
Road Map
October 2017
- Idea
November 2017
- Company formation
February 2018
- Evaluation of land profitability.
- Realization of studies in the properties to acquire, by means of soil perforations and analisys of the samples
March 2018
- OREToken Proyect Begins:
- Road Map.
- Token Distribution.
- Whitepaper.
September 2018
- Promotion for Airdrop.
- Airdrop.
November 2018
- ORET Token ICO.
January 2019
- ORET Token ICO end.
- Announcement of introduction to exchanges.
February 2019
- Main activities begin:
- Acquisition of land and machinery for the main extraction plant.
- Start of production with the pilot plant. (The land to be purchased already includes some trucks and a primary extraction plant that is ready to run.).
April 2019
- First profits sent to the investors will be from the Primary Extraction Plant.
June 2019
- Arrival and installation of the Main Extraction Plant.
August 2019
- Launch of the exclusive Dashboard.
- Presentation of the Main Extraction Plant.
- The Main Extraction Plant is put in operation.
September 2019
- Start of profit distribution from the Main Extraction Plant.
October 2019
- Study and technical evaluation for the expansion of the company
- Acquisition of more hectares near the mine to increase the production of the Company.
- Exploration of new areas rich in precious minerals.
- Study the viability for expansion to new areas in the country.
For more information, below:
WEBSITE:https://www.oretoken.io/
WHITEPAPER:https://www.oretoken.io/#whitepaper
FACEBOOK:https://www.facebook.com/OREToken/?ref=your_pages
TWITTER:https://twitter.com/oretoken
TELEGRAM:https://t.me/OREToken
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