Lyon and Turnbull are pleased that Scotgold Resources Ltd will be the first gold mine to be established in Scotland. On November 29th, 2016, Scotgold Resources will release 10 limited edition 1oz fine Scottish Gold Rounds. The Gold Rounds are made of the first pure Scottish gold mined from the Cononish Gold Mine in Tyndrum, Scotland and refined to 999.9 purity. Scottish Gold Rounds can be bought in a sealed-bids auction with the deadline of 4pm on 28th November, 2016. Each Gold Round is stamped with a unique serial number corresponding to the Chain of Custody system and accompanied by a certificate of authenticity from the Edinburgh Assay Office.
The Gold Rounds have been minted by Baird & Co Bullion Merchants. Each Gold Round features the official registered Scottish Gold Mark of the stag's head and is presented in a luxurious presentation box.
The Cononish mine is first and foremost a Scottish affair. The commitment to establish the first commercial Scottish gold mine began three decades ago and is now in reach thanks to the vision and support of local people and the Scottish government.
Scotgold Resources Ltd is acutely aware of the responsibility that comes with operating in one of the most beautiful places in Scotland. Although the mine is remote, Scotgold Resources are in the heart of a mountainous landscape valued highly by people worldwide and recognised as sufficiently important to be included in the Loch Lomond and Trossachs National Park.
The preservation of the natural surroundings, vegetation and wildlife are core values of Scotgold’s operation. The Cononish mine uses clean, modern methods to recover gold: there is no mercury or cyanide at the project. Instead, a ‘gravity and flotation’ method separates the gold from the host quartz. It is vital that the clear streams and rivers of the Highlands remain uncontaminated. The mined gold is tested for purity by Edinburgh Assay Office, which records each batch poured. The Assay Office assures a Chain of Custody that guarantees any gold product stamped with the Scottish Gold Mark of the stag's head contains authentic Scottish gold mined from Cononish by Scotgold Resources Ltd.
Sealed bids can be submitted ahead of the closing date of 4pm on 28 November 2016. Please visit Scotgold Resources to download a Bidding Form and for terms and conditions. The sealed bid auction will be overseen by Scott–Moncrieff, the established and well-known Scottish accountants.