BullB on Nostr: **Appendix: Detailed Supporting Documentation** --- ### **1. Geological Surveys** ...

**Appendix: Detailed Supporting Documentation**

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### **1. Geological Surveys**
Boaz Trading PLC has conducted comprehensive geological assessments to validate the viability of its gold mining operations.

#### **Key Findings**:
- **Reserve Estimate**:
- **Proven & Probable Reserves**: 15,000 kg (480,000 oz) of gold, confirmed via 5,000 meters of diamond core drilling.
- **Average Grade**: 2.5 grams per ton (g/t), with high-grade zones reaching 5.2 g/t.
- **Geophysical Data**:
- Conducted by **SRK Consulting**, using induced polarization (IP) and magnetic surveys to map ore bodies.
- Identified three primary mineralized zones spanning 200 hectares.
- **Extraction Feasibility**:
- Open-pit mining recommended for near-surface deposits (0–50m depth).
- Gravity separation and carbon-in-leach (CIL) processing yield 90% recovery rates.

#### **Reports & Partners**:
- **Independent Verification**: Audit by **Snowden Mining Industry Consultants** confirms reserve estimates.
- **Maps & Cross-Sections**: Available upon request, detailing ore body geometry and drill hole locations.

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### **2. CSR Policies**
Boaz’s CSR framework aligns with Ethiopia’s *National Sustainability Strategy* and the UN Sustainable Development Goals (SDGs).

#### **Community Development**:
- **Healthcare**:
- **Clinics**: Build 2 rural clinics/year in mining-adjacent regions (Benishangul-Gumuz, Oromia).
- **Mobile Units**: Provide 10,000 annual check-ups targeting malaria and maternal health.
- **Education**:
- **Scholarships**: Fund 50 STEM students/year at Addis Ababa University.
- **Vocational Training**: Partner with **Addis Ababa Technical College** to train 200 locals in mining and forestry.

#### **Environmental Stewardship**:
- **Reforestation**: “Buy a Forest” campaign to replant 50 hectares/year (1,000 trees/hectare).
- **Water Management**: Closed-loop systems reduce consumption by 40%; quarterly groundwater quality reports.
- **Waste Policy**: Zero cyanide use; tailings stored in lined ponds with pH monitoring.

#### **Ethical Labor Practices**:
- **Safety**: ISO 45001-certified protocols; PPE and monthly safety drills.
- **Inclusivity**: 30% of hires from local communities; zero tolerance for child labor (verified by **Ethiopian Human Rights Commission**).

#### **Partnerships**:
- **NGOs**: Collaborate with **Farm Africa** (agroforestry) and **WaterAid** (clean water initiatives).
- **Blockchain Traceability**: Partner with **IBM Food Trust** for conflict-free gold certification.

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### **3. Regulatory Permits**
Boaz has secured all permits required under Ethiopia’s *Mineral Operations Proclamation No. 678/2010*:

#### **Key Licenses**:
1. **Large-Scale Mining License**
- **Issuer**: Ethiopian Ministry of Mines and Petroleum.
- **Term**: 20 years, renewable.
- **Scope**: Covers exploration, extraction, and processing on 500-hectare concession.

2. **Environmental Impact Assessment (EIA)**
- **Issuer**: Ethiopian Environmental Protection Authority (EPA).
- **Approval Date**: March 2023.
- **Compliance**: Annual audits to monitor air/water quality and reforestation progress.

3. **Water Use Permit**
- **Issuer**: Ministry of Water, Irrigation, and Energy.
- **Allocation**: 50,000 m³/year from the Blue Nile tributary.

4. **Export License**
- **Issuer**: National Bank of Ethiopia (NBE).
- **Terms**: 70% of USD earnings converted to ETB; 30% retained for machinery imports.

#### **Pending Approvals**:
- **Small-Scale Mining Cooperation Agreement**: Negotiating partnerships with artisanal cooperatives (target: Q2 2024).

#### **International Compliance**:
- **LBMA Responsible Sourcing**: Application in progress (target: 2025).
- **ISO 14001 Certification**: Environmental management system audit scheduled for Q4 2024.

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**Conclusion**
This appendix validates Boaz Trading PLC’s operational readiness, ethical commitments, and regulatory compliance. The geological surveys confirm commercially viable reserves, while CSR policies and permits underscore alignment with local and global sustainability standards. Together, these documents mitigate investor risk and position Boaz as a leader in responsible mining.