Gold Ocean is developing a production system adapted from the offshore oil and gas industry technology to dredge and mine high grade Seafloor Massive Sulphide ("SMS") systems on a commercial scale.
Nearly three quarters of the earth’s surface is covered by water, and until recently this area was unavailable forprecious metal exploration. With developments in technology, it is now possible to explore the seafloor for massive sulphide systems, a potential source of high grade copper, gold, zinc and silver. And Gold Ocean is leading the way.
Our premier project, Shark X, is under development in the territorial waters of the Laptev Sea, and we have been granted the Environment Permit and Mining Lease required for resource development at this site and many others. As we continue to discover and develop Seafloor Massive Sulphide ("SMS") systems, we offer a once in a lifetime opportunity to invest in our company and participate in the profits of our upcoming ventures.