As you know, GLDS project is based on an existing business — the development of gold and placer deposits in the Republic of Kazakhstan. Our business existed long before appeared the decision to launch an ICO and make investments in gold available to a wide range of consumers by using blockchain technology and creating our own cryptocurrency.
The use of modern and new equipment for gold mining is one of the most important conditions for the further prosperity of our business and the development of GLDS project. Realizing this, we purchased the necessary equipment before the start of the ICO and today we are happy to inform you: it has arrived in Kazakhstan!
This is an important event for the project, since we provide our token with gold, which means that we are obliged to fulfill our obligations to investors — to continue developing the fields that belong to us. And now we can work even more effectively!
We remind you that the proven reserves of alluvial gold only in the valleys and on the terraces of the deposits are about 1000 kg. The reserves of gold in the sulfide-quartz — core formation are estimated at 5–6 tons. The medium-term production plan is calculated until 2023.
Also in early March, we had a new reliable partner, thanks to which the number of gold deposits increased, and another company, LLP SGP Group, which owns two deposits, joined the project.
