MINERA CHANG JIANG S.A. Mining Rights RWA Whitepaper

Disclaimer

This whitepaper is for informational purposes only and does not constitute an offer of securities or investment advice in any jurisdiction. The project tokens are offered only to qualified and professional investors, and are not offered to residents of the United States, China, or sanctioned jurisdictions. Nothing in this whitepaper should be construed as legal, tax, or investment advice. All prospective investors should consult their own independent professional advisers.

This project follows the Virtual Assets Issuance Guidance published by the Dubai Virtual Assets Regulatory Authority (VARA) in April 2026. Token issuance and trading are being structured to pursue a compliant path under the VARA framework. The project does not involve any assets or entities in China; all mining rights are located in Chile and the issuance structure is established in Dubai.

1. Executive Summary

1.1 Project Overview

CGT-50 is a Real-World Asset (RWA) tokenization project backed by a 50% mining rights interest in the 3345 copper-gold district held by MINERA CHANG JIANG S.A. (Chile). Through a compliant structure established in Dubai, the revenue rights of the Chilean copper asset are converted into tradable tokens on regulated digital-asset platforms such as Binance, providing global investors with direct digital exposure to a world-class copper asset.

1.2 Key Parameters

1.3 Strategic Value

• Copper's strategic role: Chile holds 19% of global copper reserves and produces 24% of global copper output. Copper is a core metal of the energy transition with strong long-term demand.
• Superior resource quality: The 3345 district contains 68.765 Mt of copper ore, 583 kt of copper metal (large-scale deposit), average copper grade 0.848% — well above the global porphyry average of ~0.4–0.6% — with 640.9 t silver and 12.38 t gold as by-products.
• Regulatory leadership: In April 2026 VARA published the world's first end-to-end RWA tokenization issuance guidance; this project benefits from that clarity.
• Hard asset anchoring: Tokens represent direct ownership rights in the underlying mining asset and require no separate reserve pool, differentiating them from speculative crypto assets.

2. Issuer: MINERA CHANG JIANG S.A.

2.1 Company Profile

MINERA CHANG JIANG S.A. was legally incorporated in the Republic of Chile on 11 May 2012 as a Sociedad Anónima (S.A.) under Chilean law.

2.2 Shareholding

Gongfu System Limited holds 100% of the shares of MINERA CHANG JIANG S.A.

2.3 Corporate Governance

The company follows the statutory governance requirements of a Chilean S.A., with a shareholders' meeting, board of directors, and management layer.

2.4 Business Scope

3. Underlying Asset: The 3345 Copper-Gold District

3.1 Location

The 3345 copper-gold district lies on the border of the Coquimbo Region (Region IV) and Atacama Region (Region III) in northern Chile, administratively within the commune of La Higuera, Elqui Province.

Both cities can serve as logistics, rotation and technical-support bases. The district sits in the Chilean Coastal Cordillera IOCG belt, only 16 km from Teck–Newmont's Relincho and Fortuna deposits.

3.2 Mining Rights Structure

The district comprises two adjacent concessions totalling 20.75 km² (2,075 ha), both exploitation concessions.

3.3 Resource Endowment

3.4 Development Plan

Open-pit mining + heap leaching. 0.848% Cu grade is economically attractive for heap leaching. Au/Ag by-products reduce cash cost.

3.5 Exploration & Expansion

Resources remain open in all directions along a >15 km trend. Further drilling will upgrade to JORC/NI 43-101 standards.

4. Chile Investment Environment & Legal Protection

4.1 Mining Regulatory Framework

Chile offers the most stable mining investment regime in Latin America. Key regulators: Central Bank (FX), CMF (securities), SERNAGEOMIN (mining registry).

4.2 Mining Rights Regime

Constitutional-level protection for exploration and exploitation concessions. Features: constitutional protection, transferability, 100% foreign ownership.

4.3 Foreign Investment Framework

Foreign Investment Act (DL 20,848) guarantees repatriation rights, national treatment, and tax stability contracts up to 25 years for qualifying projects.

5. Legal & Compliance Architecture

5.1 Core Compliance Principles

• Zero PRC Involvement: No PRC assets, entities or investors.
• VARA-First: Strict adherence to VARA Guidance (April 2026).
• Investor Access: Institutional and qualified professional investors only.

5.2 Structure

Dubai SPV + Chile operating entity dual-layer structure.

5.3 VARA Compliance

CGT-50 is a Direct-Ownership ARVA. Whitepaper is publicly disclosed. Five-part legal opinion required. SCA overlap risk assessed.

5.4 Chile Compliance

SERNAGEOMIN registration, foreign investment registration, EIA permits.

6. Tokenomics

6.1 Token Design

6.2 Value Sources

• Revenue distribution pro-rata
• Information rights (audited reports)
• Trading on public markets

6.3 Allocation

7. Binance Listing Strategy

Phased: Alpha → Futures → Spot. RWA track prioritized by Binance.

8. Technology & Security

BNB Chain issuance, multi-sig treasury, independent custodian, dual audit.

9. Risk Disclosure

Copper price, operational, regulatory, and market risks apply. See full whitepaper PDF for details.

10. Roadmap