On-site Operations

Mining Operations & On-Site Validation

LumiVault’s foundational value proposition is built on a real-world gold mining asset, which directly backs LVT token liquidity and redemption in PAXG. To ensure investor confidence and operational transparency, we outline below the core elements of our mining validation framework.

Proof of Reserve for Mining Assets

We are preparing and will publicly disclose full documentation supporting the existence and viability of our mining operation, including:

• Mining Rights & Legal Ownership Legal documentation and titles that confirm LumiVault or its operating subsidiaries hold the legal rights to explore, develop, and mine the designated site(s) is available.

• Geological & Feasibility Studies Certified NI 43-101 or JORC-compliant reports (where applicable) from third-party geologists and surveyors detailing:

  • Mineral content and grading

  • Reserve quantity estimates

  • Environmental and logistical viability

• Operational Licenses Government-issued permits and environmental clearances allowing full-scale mining, transport, and sales.

These reports will be available to the public and accessible via the LumiVault Proof-of-Reserve Dashboard, ensuring both token holders and auditors can validate the gold reserves underpinning LVT.

---

Estimated Gold Production Capacity

Once operations commence, LumiVault expects to scale gradually over 12–18 months. Based on pre-feasibility studies and machine capacity projections:

• Initial monthly gold output: Estimated 1.5–2 metric tonnes/month during the first operational quarter (Q3 2025)

• Projected capacity (fully scaled): Up to 5 tonnes/month by mid-2026, dependent on terrain, weather conditions, and equipment upgrades

This production feeds directly into our Reserve Pool, from which PAXG liquidity is provisioned for redemptions.