The Yogo sapphire mine, located in Montana, USA, is the world's only well-documented source of mined gem-quality sapphire.According to the U.S. Geological Survey, "Yogo's are unique among the world's sapphires. Their uniform "corn-flower blue" color is natural (not the result of heat-treating), and their clarity is uniformly high. These features rank them among the world's finest sapphires".Internationally renowned, Yogo sapphires are found in prestigious collections, including the Smithsonian Institute's gem collection. To avoid leaving the biggest profits on the table, vertically integrated YoGoldUSA operates its own gem cutting facility in Sri Lanka, enabling it to bypass wholesalers and supply cut stones directly to retailers, captivating U.S. customers looking to purchase "made in U.S.A." products. US, one of the leading global markets in terms of sales, is expected to continue to dominate global gemstone consumption.Gems & Gemology (Summer 2018), stated: "These stones, known for their vibrant untreated blue color and high clarity, have always commanded a price premium."The market for fine jewelry continues to thrive, with McKinsey forecasting its growth from US$280 billion in 2019 to US$340 billion by 2025, with the online jewelry market reaching US$19.8 billion by 2024.Most global diamond mines have content ranging from under 1 to about 6 carats per ton, whereas YoGold expects to recover 30+ carats per ton, with average of 7% finished carats. 1 to 5 carat sapphires are generally worth more than comparable diamonds, rubies or emeralds.In 2022, U.S. imports of non-diamond gemstones were about $4.3 billion, a 49% increase over 2021. Gemstones appear to be somewhat recession proof, with jewelry ranked 3rd by the Knight Frank Luxury Investment Index, up 10% in the last 12 months. Not a start up, YoGold reported sales of US$1.5 million for year ended March, 2022, and US$2.9 million for year ended March, 2023.