ORET Gold Mining and Blockchain Technology


Paraguay Mineral Mining S.A. (PMMSA) has created the ORET Token to raise the necessary funds for the acquisition of the Land, Concessions and Machines for extraction and recovery of Gold. ORET Token is one of the first options in the world of cryptocurrencies to invest and share the profits of a Gold Mining Company. Thanks to the Blockchain technology, all ORET Token holders receive their weekly profits in Ethereum.

THE PROBLEM The locals in the gold rich area of Paso Yobai negotiated a deal with the company Latin American Minerals Inc. negotiated a hand over of 83.36 hectares that they have the mining rights to. This hand over included 850 meters (2788 feet) of the Paso Yobai gold trend that is defined by an 8,000-meter-long by 300-meter-wide (26246 feet x 984 feet) gold soil anomaly. The 850 meters by 300-meter area contains an average of 7.5 g/t of gold. The locals formed the, Asociación de Pequeños Mineros (Small Miners Association). The problem was that they had little to no experience in mining. Using makeshift Gold Recovery Plants, they only recovered about 30% of the gold. Around 70% of the gold ended up in their Tailings, but this Open Pit Mining was still economically viable to a depth of about 15 meters. As the Pit got deeper the costs of mining rose to a point that it was no longer profitable, so the land owners started to rent out (lease) the land to entrepreneurs. Some of the entrepreneurs brought in better Gold Recovery Plants and did well up to a depth of about 40 meters, but they too were losing, in some cases, up to 50% of the gold in Tailings. Their main problem was that most did not have people with gold recovery experience or mining experience or that they invested in the wrong types of Gold Recovery Systems for this area. Another big problem is that none of the mining operations did any forward planning for the roads inside the Pit. They made makeshift cranes with buckets to hoist out only the ore that contained a high concentration of gold. The rest of the ore was removed by excavator in a step by step manner. In many cases a very costly 8 to 9 step process. All this ore was discarded and not processed. SOLUTION We put together a great Team and formed a company, Paraguay Mineral Mining SA - (PMMSA). The team, among others, includes 2 people that have the knowledge needed to extract and recover the gold. Our CEO, Nicolaas Spangenberg, a South African, is a Gold Mine Manager with more than 8 years of experience. For more details about our Team Member, please read Board of Directors. Juan Villalba is specialized in the extraction and chemical recover of gold with 9 years of experience. We also have all the geological surveys and core drilling analysis of the land we want to acquire, and it shows that the area that we want to exploit is rich in gold. Also, our pilot plant and sampling has proven that the land is rich in gold.

Nicolaas Spangenberg

Chief Executive Officer

Hugo Dominguez

Chief Operating Officer

Gricelda Arevalos

Chief Financial Officer

Antonio Caballero

Chief Marketing Officer

Juan Zorrilla

PR manager

Cristian Villalba

Designer

Alexis Carballo

Full-Stack Web Developer

Julian Gonzalez

Logistics Manager.

Nicolas Mercado

Marketing and RP Manager


  1. October 2017
    IDEA

  2. November 2017
    COMPANY FORMATION

  3. February 2018
    EVALUATION OF LAND PROFIABILITY.

  4. March 2018
    ORET TOKEN PROYECT BEGINS: - ROAD MAP. - TOKEN DISTRIBUTION. - WHITEPAPER.

  5. September 2018
    PROMOTION FOR AIRDROP. AIRDROP.

  6. November 2018
    ORET TOKEN ICO.

  7. December 2018
    ORET TOKEN ICO END. - ANOUNCEMENT OF INTRODUCTION TO EXCHANGES.

  8. January 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.)

  9. February 2018
    FIRST PROFITS SENT TO THE INVESTORS WILL BE FROM THE PRIMARY EXTRACTION PLANT.

  10. April 2019
    ARRIVAL AND INSTALATION OF THE MAIN EXTRACTION PLANT

  11. May 2019
    LAUNCH OF THE EXCLUSIVE DASHBOARD. PRESENTATION OF THE MAIN EXTRACTION PLANT. THE MAIN EXTRACTION PLANT IS PUN IN OPERATION.

  12. July 2019
    START OF PROFIT DISTRIBUTION FROM THE MAIN EXTRACTION PLANT.

  13. August 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.