Power Nickel plans to deploy ExoSphere at its flagship NISK project to find additional high-grade nickel deposits, which generally take the form of ‘pods’. By improving the accuracy of both deposit location and subsequent drilling, ExoSphere can help decrease land disturbance in the exploration stage.
Power Nickel believes NISK’s shallow mineral depth, established infrastructure and proximity to a hydropower source could make it one of the world’s most cost-effective and environmentally-friendly sources of high-grade nickel. Indonesia’s recent ban on nickel exports underlines Canada’s urgent need to become more self-sufficient to support the growing demand for nickel batteries in electric vehicles (EVs) and other clean energy applications.
Commenting on the partnership, Terry Lynch, CEO of Power Nickel, said, “Fleet Space Technologies has already successfully used this technology in Australia and now in Minnesota. By using this advanced seismic tomography approach in combination with our in-house methods, we hope to increase our chances of finding more nickel ore pods at a faster rate. The two main advantages this technology offers is that we can now explore our 45-square kilometer land package in a fraction of the time we need using traditional ground-based methods. The second advantage is that with this data we can drill less meters, but with increased impact. Use of this technology aligns well with our goal of making nickel mining cleaner, faster and more environment friendly right from the exploration phase.”
Fleet Space founder Flavia Tata Nardini said, “We’re delighted to see ExoSphere deployed in Canada for the first time, building on our success in the US and elsewhere around the world. As well as great technology and commercial partnership, this is a real meeting of minds. We both understand the urgent need to accelerate the discovery process for these vital minerals; but we’re also equally committed to minimising its environmental impact. Power Nickel is precisely the kind of forward-thinking, responsible enterprise ExoSphere was designed for: it’s great to be working with them on this project.”
Check out our Mineral Exploration page to learn more about ExoSphere and our technology.
