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SpaceGold is an Space Mining project to deliver Precious Metals for use in Space and on the Planet. We have engineered a suitable approach, simplifying the mining in space, and we are aiming to deliver the precious metals from Space in 5 years after the operation kicks off!
SpaceGold is first-to-market with a patented (fully protected internationally and within US) method that mines, refines, gold and platinum group metals from deep space. This will be delivered for the in-situ or terrestrial utilization.
Funds from the investment in SG will be used for engineering, fabricating, launching, and operating spacecrafts over the 5 years of construction.
Based on the chemical studies on the samples returned from Apollo missions, there are tones and tones Platinum group metals and Rare Earth Elements on the moon, which are tremendously valuable on Earth.
Also, metal resources found in the most common iron-based meteorites are much richer than Earth’s crust. Taking gold as an example, on average, there is 4.7 parts per million gold in a common type of meteorite vs 0.004 part per million gold in Earth’s crust. So, these baby asteroids (and their mother asteroids) are more than 1000 times richer in gold compared to our planet’s crust. We have always dreamed of mining these asteroids but it has not been achievable until now. In recent years, the technical and legal processes have been implemented to successfully commercialize a space mining mission. The new decade is all about abundance from off-world resources while saving our planet earth from the over-extraction of its own resources.