Neptune Minerals, Inc., was organized in January 2011 for the purpose of engaging in the business of exploration and minerals extraction of Seafloor Massive Sulfide (SMS) deposits. SMS deposits exist on the ocean floor around volcanic arcs, where hydrothermal vents exhale sulfide-rich mineralized fluids into the ocean. These deposits are often rich in gold, silver, copper, zinc, and/or lead. We believe that SMS minerals extraction has various potential advantages over land-based mining, including little or no overburden, high base and precious metals content, minimal mining waste, mobile mining infrastructure, and minimal social and environmental damage and disruption.
