Mining Equipment: One of the key seafloor massive sulphide (SMS) projects of Neptune Minerals, is Kermadec, based in the northern waters of New Zealand. MSloane Consulting provides mining equipment for mineral explorers and developers, while Neptune Minerals is into exploring and developing precious and base metal SMS deposits. SMS is a high grade hydrothermal deposit containing high levels of copper, zinc and lead along with high gold and silver content. 
Neptune Minerals has been granted exploration licences for an aggregate of 261,146km² in the territorial waters of New Zealand and Papua New Guinea. It also has licences in the Federated States of Micronesia and Vanuatu.
Neptune, along with Canyon Offshore, Century Subsea and Seacore, undertook coring and sea-floor mapping in the company’s granted prospecting licence (Kermadec PL 39-195), within New Zealand’s 200 nautical mile Exclusive Economic Zone.
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