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ALCHEMY MINING GROUP, INC INTRODUCTION

For the purposes of decentralization, enforcing beneficial market incentives and funding, we have created a Waves digital currency "AlchemyLGCoin"© utility token asset backed by Limited Edition gold coins, listed for trading and operating on Waves – (DEX) decentralized exchange proof of stake, open market blockchain platform live for Crowdfunding.

AlchemyLGCoin© utility token is a negotiable title of ownership in a digital crypto form asset backed with responsibly processed gold mined & extracted from our Ecuador JV underground gold mine MINA SAN JUAN.The processed ore is then crafted into 2,000 unique one-ounce (95%+ purity) Limited Edition collectible gold coins.

We own a 50% equity and board control of Alquimia y Explotación Minera San Juan Alquiexmi S.A., an Ecuador gold mining company with granted mineral rights on two gold mine concessions. ​

The Bella Rica Codigo: 15 concession has been artisanally mined and exploited by our joint venture partner blasting a 1.3 Km main underground tunnel “MINA SAN JUAN” with 2 extensions extracting ore from 3 identified veins of 7 known veins producing gold balls and dores since 2012.​

SYSTEMIC ENVIRONMENTAL PROBLEM
Environmental Impact of Artisanal Small-scale Gold Mining (ASGM) in Southern Ecuador is causing considerable environmental impacts, the most important of which are related to the discharge of metals, metalloids and cyanide into adjacent rivers

Responsible gold ore processing begins with our own gold ore mined from MINA SAN JUAN the Bella Rica mining district Camillo Ponce western Azuay province Rio de Oro Ecuador.