The Moria Token is a cryptocurrency issued by the GS Mining Company LLC which operates the Bates Hunter gold mine in Central City, Colorado.
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As the world’s first decentralized investment platform for precious metal extraction, these tokens contain a provision to pay annual royalties on a quarterly basis.
GS Mining Company LLC announces its first quarterly royalty payment of five cents USD ($.05) per token.
This payment record is available to private wallets holding Moria as of 2300hrs GMT on May 23, 2018 in the block at #5672724.
This payment will be made in ETH and can be retrieved via www.moriatoken.com any time after 2300 hours GMT on May 25, 2018 and before 2200hrs GMT on August 25, 2018, the currently intended date of the next quarterly payment.
The Bates-Hunter Gold Mine, sits in some of the richest veins in Colorado.
Its historical production exceeds 200,000 ounces of gold.
Reliable geological studies and mapping estimates that there are one million or more ounces yet to be mined by GS Mining Company LLC, the issuer of Moria tokens.
Through Moria, any investor with access to Bitcoin or Ethereum can own a stake in a proven gold mine.