XS Platinum Inc., also known as XSP, is a wholly owned subsidiary of XS Platinum Ltd, and was founded in 2007 to be a sustainable mine that would get its platinum from mining waste as opposed to new mining. XSP had a contract with Tiffany & Co. On May 1, 2009, the BLM authorized the disposal of 200,000 cubic yards of processed tailing material as mineral materials from the following mining claims in the vicinity of Platinum, Alaska within the Togiak National Wildlife Refuge. At its beginning, day-to-day operations were to be under the direction of Phil Cash, a metallurgical engineer.