“Blue Hill Foundation” is a Dutch Stitching formed by European private equity investors. The name “Blue Hill Mine” comes from the amount of copper oxidised on the surface, giving it a blue-turquoise colour. The “Blue Hill Mine” was discovered by a senior geologist from the neighbouring "Turquoise Hill Mine" (same metallic belt). By the mid-2003 the "Turquoise Hill Mine" became one of the biggest mining exploration projects in the world with revenues of US$939.8 million (2017).
Using the accurate USSR mapping and National Geology archive (Ф-4276), the “Blue Hill Mine” began drillings in 2010, reaching a combined total of 1,493 meters and in turn discovering a wealth of minerals such as Copper, Nickel, Cobalt and Gold. Additional resources including Tungsten, Yttrium and Ytterbium were also identified. The ongoing work includes continuous drilling and a full-scale geological analysis to prove up the total reserves to international standards. “Blue Hill Mining” will be using the best advisors in the mining industry to achieve this: EGC from the AGH University, Royal HaskoningDHV as well as Golder Associates.
The objective is to validate the remaining 90% of the mine including the development of the “Blue Hill Platform”, similar to the two giants "Glencore" and "Vale" which represent approximately US$205 billion and US$34 billion of annual revenue in 2017. In order to achieve this objective “Blue Hill Mining” is offering a fully regulated Security Token Offering (STO) called “Blue Hill Mining STO”.
The team and advisors behind “Blue Hill Mining” have immense experience in the mining industry, their goal being to locate mineral resources and raise the mine to National Instrument 43-101 Standards of disclosure for mineral projects .This in turn will assist progress for TSX and TSXV Canadian stock market listings and reflect the full market value of the “Blue Hill Mine”.
The “Blue Hill Mine” will be evaluated from Q3-2022 onwards to activate the buyback plan via a stock market listing once the underlying value of the “Blue Hill Mine” and “Blue Hill Platform” will be equal to US$30 per "BHM-Token".