SMS deposits are formed on the seafloor when hot water rises out of the seabed, hits the cold seawater and deposits its mineral load.
Land-based mineral deposits have experienced lower grades and higher production costs while new discoveries are becoming harder to find.
Neptune Minerals has prospective acreage in seven countries in the Western Pacific with approximately 175,000 Km2 of applications and granted licenses.
Neptune Minerals conducts year-round exploration campaigns in its tenements with the goal of identifying and validating future mining deposits.
Neptune Minerals’ “BABY STEPS” approach, which allows for the mitigation of risk, was employed in developing our concept for mineral extraction.
Our samples to date are amenable to conventional sulfide flotation and/or leaching; it is feasible that our ore could be treated in existing plants.
The “BABY STEPS” principle is at the forefront of our environmental philosophy and program. The environment is one of our highest priorities.
Neptune Minerals considers good community relations as a social, environmental and corporate necessity to building trust and transparency in all we do.