AUSTRALIA

What backs Carpeaurum?

Carpeaurum is an in-ground asset that is un-mined and un-extracted gold. All geological surveys and assays by de jure government proving the existence of in-ground gold is available in the public domain. The quality and quantity of this God-given precious metal which has become money for thousands of years is well documented in the official records of Papua, Australia, North America, Borinken (formerly Puerto Rico) and elsewhere.

According to the Office of the Chief Economist, Australia Economic Resources claim to have 10,165 (t AU) of gold current surveyed and still in the ground.

Raking World number 1 with 19% of the worlds in ground gold.

The International Monetary Fund holds around 90.5 million ounces (2,814.1 metric tons) of mined gold at designated depositories

Table information derived from the Resources and Energy Quarterly Report 22

Click to download the full report from the Office of the Chief Ecomonist's Resources and Energy June 22 Quarterly Report,
Ref: Gold, pages 102-109

Indigenous communities around the global have the right, power and authority to use Carpeaurum under De Facto governance.

There are no known laws preventing Indigenous Communities from staking a claim to their God-given in-ground gold. They occupied and possessed all the land first before outsiders came as conquerors, colonisers, occupiers and settlers.

The use of Carpeaurum for de facto jurisdictions is authorised by Section 115 Commonwealth of Australia 31 Code of Federal Regulations 1010.100(m) and (zz); Title 25 United States Code, section 1301; Title 18 United States Code section 1151; and the 9th Amendment to the U.S. Constitution.

Australia's Gold a valuable national asset

In Australia, the Discovery of Gold in the mid 19th Century spurred Australia's growth and development.

In the Australia's Gold Industry, A Valuable Asset report authored by the Minerals Council of Australia, has quoted that in 2012-13 a total of $291m AUD was paid in royalties.

The report quotes

'Today, the gold mining industry helps sustain our national prosperity through exports, high-wage jobs, investment and tax and royalty revenues.'

and confirming Australia's gold industry as a national asset worth valuing now and in the future.

Click the picture to download full report

Royalties

in this report the reference to mineral royalty payments represent a direct return to the community from the discovery and extraction of gold resources.

In 2002-12 the gold industry paid almost $2.2 billion to state and territory governments in royalty payments alone in the decade to 2012-13. Gold royalties in 2012-13 totalled about $291 million, up 112 per cent compared with 2002-03 (Figure 9). Given its share of Australian production, more than 70 per cent of gold royalties are paid to the Government of Western Australia where gold royalties accounted for almost 4.2 per cent of total royalty receipts in 2012-13. Australian gold companies work closely with local communities and other stakeholders to ensure economic and social benefits from gold mining are strong and sustainable.

In some regional and remote centres, the gold industry is the main source of economic activity, helping ensure local communities remain stable and viable. As well as being important providers of employment, apprenticeships and skills development opportunities, gold companies are directly involved in helping build and maintain social and physical infrastructure in regional areas.

Ensuring Indigenous Australians share in opportunities flowing from the gold industry has been a key focus of company activity (Box 3). Increasingly, this has involved efforts to engage and support Indigenous businesses within the procurement chain through various forms (as suppliers, joint venture partners or sub-contractors). Gold companies recognise the importance of ongoing dialogue with a wide range of stakeholder groups, especially in the locations in which they operate. Dialogue with community stakeholders starts well before mining begins. Other stakeholders include employees and contractors, customers, suppliers, government agencies and non-government organisations.

and the obvious problem is that Indigenous people of Australia believe they are required to contract with the De Jure government of the day to transfer the custodianship of their land for commercial gain .

keeping the minerals in the ground, will open opportunities for the Indigenous Australians to enjoy a new commerce system, backed by gold, that has the Indigenous people listed as the main beneficiary.

So how much gold is in the ground in Australia and how much is that worth?

There is reportedly 10,165 tonnes of EDR gold as detailed in the current Gold Resources review. This is equal to 358 million ounces of gold.

This, in todays market, where Gold is worth $2,500 AUD thats put the value at $895 billion Australian dollars.

GOLD (t- AU = tonnes of contained gold)

Reference: 1EDR includes Ore Reserves and most Measured and Indicated Mineral Resources reported in compliance with the JORC Code. 2Total Inferred Resources in economic, subeconomic and undifferentiated categories. 3Accessible Economic Demonstrated Resources (AEDR) is the portion of total EDR that is accessible for mining. AEDR does not include resources that are inaccessible for mining because of environmental restrictions, government policies or military lands. 4Source: Office of the Chief Economist (Resources and Energy Quarterly). 5Source: United States Geological Survey (Mineral Commodity Summaries). 6Source: World Gold Council. 7Economic Demonstrated Resources (EDR) predominantly comprise Ore Reserves and most Measured and Indicated Mineral Resources that have been reported in compliance with the Joint Ore Reserves Committee (JORC) Code to the Australian Securities Exchange (ASX). In addition, some reserves and resources may have been reported to foreign stock exchanges using other reporting codes, which are largely equivalent to the JORC Code. Geoscience Australia may also hold some confidential data. 8Subeconomic Demonstrated Resources are geologically demonstrated but do not meet the criteria for economic at the time of determination. Subeconomic resources classed as Paramarginal require a modest improvement in the commodity price/cost ratio to render them economic. Subeconomic resources classed as Submarginal require a substantially improved commodity price/cost ratio to render them economic. 9Total Inferred Resources in economic, subeconomic and undifferentiated categories. 10Accessible Economic Demonstrated Resources (AEDR) is the portion of total EDR that is accessible for mining. AEDR does not include resources that are inaccessible for mining because of environmental restrictions, government policies or military lands. 11Source: Office of the Chief Economist, Department of Industry, Innovation and Science, Resources and Energy Quarterly (September 2018). Production data often have a higher level of certainty than resource estimates and so may be presented with more significant figures. 12Source: United States Geological Survey (Mineral Commodity Summaries).