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Terms

Our Process

At Master Gold, we believe in transparency and efficiency throughout the precious metals recovery journey. Our process is designed to ensure accuracy, compliance, and customer satisfaction.

Agreement and Terms

Initiate Relationship: Agree and sign terms & conditions with the client to establish a collaborative partnership.

Material Delivery

Customer Drop-off: Customers deliver materials to Master Gold, either accompanied by their representative or entrusted to our care.

Production Phase

Material Preparation: Upon receipt, our production department initiates drying (if necessary), grinding, mixing, and sampling processes.

Sampling and Analysis: After the completion of sampling, the material undergoes analysis using the fire assay as a preconcentrating method, followed by ICP analysis. Results are evaluated against internationally acceptable tolerance limits.

Third-Party Verification: Customers have the option to appoint their own representative for sample collection. A list of reputable third-party laboratories is provided for independent analysis.

Results Exchange: Both Master Gold’s and the customer’s assay results are exchanged following an agreed-upon procedure. Any differences in results should be within a 2% acceptable limit.

Certification and Settlement

Final Certification: Master Gold’s analysis results are considered final for both parties if they fall within acceptable limits.

Customer Options: Customers can choose to physically acquire the precious metals by transferring them to their metals account or sell to Master Gold, utilizing a price formula related to LME AM and PM prices.

Settlement: The final settlement for the end value of each lot is completed after all the above procedures are successfully carried out.

Our commitment to excellence ensures a reliable and transparent process, culminating in a seamless settlement for the recovered precious metals.

Our commitment to excellence ensures a reliable and transparent process, culminating in a seamless settlement for the recovered precious metals.