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After encountering the Cylons, Jaspar and his simian, Nugget, fled the asteroid in the Golden Queen, leaving the asteroid to Baltar and Lucifer. According to Lucifer, the planetoid has enough material to create a millennium of weapon circuitry, while Baltar noted that it was the richest ore deposit in the galaxy.
Jaspar leads Commander Adama here with the promise of encountering a settlement of Earthlings that would point them to the fabled Thirteenth Colony. This is not the case, as Cylons had already installed a base here to mine the gold; the mine is later destroyed by Jaspar so as to prevent the Cylons from mining it (I Have Seen Earth).