BHP Xplor: Accelerating the Future of Mineral Discovery
Mining Stock Daily
Navigating Exploration: Adapting to Needs and Uncertainties
This chapter explores the framework and objectives of an innovation program aimed at improving mineral exploration by collaborating with emerging firms. It highlights the significance of flexibility in exploration approaches and the transparent evaluation process that supports investment decisions by BHP.
Mining Stock Daily welcomes Marley Palin of BHP to delve into the innovative BHP Xplor program, an accelerator designed to fuel mineral exploration. Marley, with a background in tech and innovation rather than traditional mining, explains how her expertise helps shape this unique program that blends exploration with a venture capital approach. The program focuses on three key pillars: building sustainable business strategies, providing deep technical expertise from BHP, and identifying projects with world-class scale potential. It offers early-stage exploration companies equity-free funding and a crucial six-month period to refine their projects away from immediate market pressures. Marley emphasizes the program's collaborative nature, fostering a strong community among cohort members rather than competition. BHP Explore is also a hub for technological advancement, actively seeking and implementing innovations like AI and machine learning in mineral systems, exemplified by partnerships with companies like Equivest. The program balances a broad application approach for "wild cards" with BHP's strategic interests, such as a deep-seated focus on copper and exploring new jurisdictions. Learn how companies can apply for this transformative opportunity and fast-track their path to a strategic partnership with a major mining company
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Revival Gold is one of the largest pure gold mine developer operating in the United States. The Company is advancing the Mercur Gold Project in Utah and mine permitting preparations and ongoing exploration at the Beartrack-Arnett Gold Project located in Idaho. Revival Gold is listed on the TSX Venture Exchange under the ticker symbol “RVG” and trades on the OTCQX Market under the ticker symbol “RVLGF”. Learn more about the company at revival-dash-gold.com
Vizsla Silver is focused on becoming one of the world’s largest single-asset silver producers through the exploration and development of the 100% owned Panuco-Copala silver-gold district in Sinaloa, Mexico. The company consolidated this historic district in 2019 and has now completed over 325,000 meters of drilling. The company has the world's largest, undeveloped high-grade silver resource. Learn more at https://vizslasilvercorp.com/
Equinox has recently completed the business combination with Calibre Mining to create an Americas-focused diversified gold producer with a portfolio of mines in five countries, anchored by two high-profile, long-life Canadian gold mines, Greenstone and Valentine. Learn more about the business and its operations at equinoxgold.com
Integra is a growing precious metals producer in the Great Basin of the Western United States. Integra is focused on demonstrating profitability and operational excellence at its principal operating asset, the Florida Canyon Mine, located in Nevada. In addition, Integra is committed to advancing its flagship development-stage heap leach projects: the past producing DeLamar Project located in southwestern Idaho, and the Nevada North Project located in western Nevada. Learn more about the business and their high industry standards over at integraresources.com
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