Self-contained assay facility in an aircraft and method of using same to procure and assay precious metals
AssigneeAow Holdings, LLC
InventorChris M. Noyes
Life of this patent
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AssigneeAow Holdings, LLC
InventorChris M. Noyes
Estimating the term…
A self-contained assay facility housed in a fixed-wing or rotary wing aircraft that is completely equipped to melt and assay precious metals, particularly gold and silver. An induction furnace melts the metal that is then poured into an ingot. The ingot is weighed and analyzed using an XRF alloy analyzer and the percentage of gold and/or other metals recorded. The value of the gold at current market prices is calculated and the assay and the value of the ingot is printed and given to the seller. The seller may opt to receive the ingot and pay the assayer an assay fee. Alternately, the seller may ask to be paid in cash, in bullion, by wire transfer, or by an open hedge. A transfer or hedge is initiated and confirmed from the assay facility. The ingots are securely stored in a safe within the assay facility.
A self-contained assay facility in a fixed wing or rotary wing aircraft, comprising:
Dependencies are inferred from the claim text.