CenVora GoldRail / Ghana

Mine Cell Registry

Control references
Official price sourceGoldBod / LBMAAM/PM window
Settlement unitPhysical FGEfinal assay
XRF + receiptRequiredlot evidence

Reference data never authorizes release

Mine Cell Registry

One site. One budget. One production ledger.

Each Mine Cell is separately verified, funded, operated and reconciled. No draw can bypass a red lock.

0/5locks passedDRAW FROZEN
GC-ASM-01

RMA ASM Cluster

Responsible-mining cluster pilot

Conditional pilot
Capital ceiling
$1.50M
Contracted gold
Fixed 12.00 kg FGE
Production basis
20–30 kg/year gross target; higher verified coverage is required
Delivery reserve
At least 4.00 kg FGE or verified portfolio support
Five-Lock Engine

Conditions precedent to every draw · GC-ASM-01

Red overrides economics
01Under review

Legal

Current miner licences, site rights, land access and RMA member KYB remain to be verified.

Release effectNo site activation or capital draw.
02Blocked

Resource

Independent bulk test work and a reconciled production plan must support the delivery schedule.

Release effectNo delivery forecast may be marketed as dependable.
03Blocked

Asset

AssetCo title, vendor quotations, insurance, telematics and redeployment terms are required.

Release effectNo equipment purchase.
04Blocked

Gold

Mine gold room, dual control, XRF, receipts and lot-level production ledger are not yet evidenced.

Release effectNo gold may enter the delivery ledger.
05Blocked

Delivery

At least 4 kg FGE reserve or verified lawful portfolio support must be allocated before first draw.

Release effectInvestor delivery schedule remains blocked.
GC-14-01

GoldCell 14

$6.6M equipment-and-operations candidate

Diligence hold
Capital ceiling
Up to $6.60M
Contracted gold
Up to 52.80 kg FGE
Production basis
14 kg/month gross target; not independently established
Delivery reserve
10.56 kg allocated physical FGE
Five-Lock Engine

Conditions precedent to every draw · GC-14-01

Red overrides economics
01Blocked

Legal

A current production-authorizing mineral right and unbroken ownership/renewal chain were not supplied.

Release effectGoldCell remains non-investable.
02Blocked

Resource

Reconnaissance evidence does not establish mineable volume, recovery or 14 kg/month production.

Release effectNo CPD or production representation.
03Under review

Asset

The $6.6M budget reconciles, but current vendor specifications, freight, duty, warranty and acceptance tests are required.

Release effectVendor-direct draws remain frozen.
04Blocked

Gold

A sealed mine-to-buyer production ledger, official receipts and independent final assay route are required.

Release effectNo Contract Gold Unit may be credited.
05Blocked

Delivery

10.56 kg allocated FGE reserve, approved custodian and GDCR of at least 1.50× are required.

Release effectMonthly delivery cannot commence.
GoldCell 14 · reconciled budget

$6.60M capital-control map

60 staff · 14 kg/month target
Mobile fleet$3.890M
Plant, power & pumps$1.225M
Site, custody & HSE$0.485M
Six-month fuel$0.600M
Contingency$0.400M

!Payroll, maintenance, tyres, assay/refining/transport, insurance, statutory payments, sustaining capital and full working capital still require pricing before underwriting.

GC-LS-01

Verified Large-Scale

Lease-holder production pilot

Candidate facility
Capital ceiling
$10.00M
Contracted gold
Fixed 80.00 kg FGE
Production basis
20 kg/month gross steady-state target
Delivery reserve
Set by final GDCR and delivery-reserve policy
Five-Lock Engine

Conditions precedent to every draw · GC-LS-01

Red overrides economics
01Under review

Legal

Lease, beneficial ownership, encumbrance, environmental, water and land-access diligence is required.

Release effectNo facility agreement or draw.
02Blocked

Resource

Independent reserve/resource validation, mine plan, recovery and 20 kg/month ramp profile are required.

Release effectNo production schedule may be committed.
03Blocked

Asset

Security registration, procurement plan, insurance and step-in rights are required.

Release effectNo capital-equipment release.
04Blocked

Gold

Production allocation must respect statutory obligations and the applicable approved sales route.

Release effectNo investor gold allocation.
05Blocked

Delivery

Custody, bar allocation, reserve sizing and 8 kg monthly delivery capacity must be demonstrated.

Release effectMonth 3 delivery remains blocked.