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  • Writer's pictureJosh Hutch

GSX Announces $40 Billion Estimated Valuation of Ore on 1,000-Hectare Mining Claim [Press Release]

Gold Secured Currency (GSX) has received, through a geotechnical assessment report, confirmation of the presence of copper and gold, with the ore valued at an estimated 40 billion US Dollars in 1,050 hectares of GSX-owned mining claims in Zimbabwe.

The $40 billion estimate of the ore means that the assets supporting GSX will increase by over 570% in 2022. This update puts GSX ahead of two major milestones: a $20 billion goal initially set for 2023, and a $30 billion goal set for 2024. By acquiring mineral-rich claims, GSX has exceeded its 3-year projection and is set to enrich GSX Holders.

This confirms GSX’s strategy to increase its asset acquisition and growth in revenue-producing activities to back the GSX token.

"After Covid regulations were lifted, we were able to successfully negotiate several projects, with these geographical reports which will come out soon. We will exceed our initial minimum asset value significantly." – Bob McCullah, GSX Mine Consultant.

Additional news and geological reports can be found on the GSX website: under the “About” section.

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