PROPOSAL TO INVESTOR

 

Buy one or more “gold notes ($10,000 each) payable in six months for 10 ounces of placer gold (88% fine) or gold converted to cash.  The gold will be mined at the “Bluff”  60 miles east of Nome Alaska.

 

The “Bluff” is famous for the amount of gold recovered from the beach and uplands to the north of the beach at the beginning of the 1900’s.  Please see “Articles” on the menu bar giving an account of the amazing quantities of gold recovered from this area.  At one time it was called the “richest beach in the world”.

 

As a buyer of a Gold Note, you can receive your 10 ounces (or more) in placer gold or convert it to cash.  A sample of a Gold Note is included on the menu bar showing how the Note calculates the cash equivalent for the ten ounces. The conversion calculation was based on (2) gold notes sold on February 13, 2020. 

 

There is also a Stop/loss provision limiting any decline in the price of gold to an amount that guarantees at least a 10% annual percentage rate return for the Buyer.  In other words, a Buyer will receive at least an amount of gold, discounted for fineness (88.0%) and a refining fee (3.0%), that will generate $10,500 in cash equivalent gold or cash in lieu of gold. 

 

 

Amerigold Holdings, LLC is the exclusive owner of the mineral rights at the “Bluff”. There are only (5) Alaska State mining claims allowed in this area and Amerigold Holdings, LLC owns them all.

 

The “Bluff” in the last several years has been the primary gold dredging target for divers aired on “Bearing Sea Gold” – reality TV show.  Dredging was allowed until Alaska DNR (Department of Natural Resources) confirmed that Amerigold Holdings, LLC  was the rightful owner of the mineral rights on the (5) claims.  Dredging is now restricted to only those that have royalty agreements with Amerigold Holdings, LLC.

 

Royatly agreements are divided into two distinct areas for dredging  – the surf zone and from there to a little less than a quarter mile into the open sea.  The surf zone has never been mined and a recent sample in this zone recovered 10 ounces with a 5 inch dredge in eight hours. This surf zone will be mined with a modified excavator that is in place at the “Bluff”.  Please see “Pictures” available on the menu bar for this equipment and the snow- train used getting it to the “Bluff”. 

 

The Gold Notes will provide working capital to begin mining and filing additional claims to allow for easier access.  Also, they will provide for a fast running skiff for fuel delivery. 

 

 

Gold Note buyers will have an opportunity to visit the “Bluff” at their cost with Tom Hice (manager for Amerigold Holdings, LLC ) and associates whenever a trip is planned to Nome Alaska in the summer of 2020.   A good time for this would be in August to pick up their gold.