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KINGSROSE SELECTED TO PARTICIPATE IN THE BHP XPLOR
PROGRAM TO HELP ACCELERATE EXPLORATION NEEDED FOR THE
ENERGY TRANSITION
Kingsrose Mining Limited (ASX: KRM) (“Kingsrose” or the “Company”) is pleased to announce that it has been
selected to participate in the BHP Xplor program. BHP Xplor, an accelerator program introduced by BHP in August
2022, is designed to help provide participants with the opportunity to accelerate their growth and the potential to
establish a long-term partnership with BHP and its global network of partners.
The Company will receive up to US$500,000 in cash payments from BHP and access to a network of internal and
external experts to help guide development in the technical, business and operational aspects of our company.
Kingsrose Managing Director, Fabian Baker, commented “We are delighted to have been selected to participate
in BHP Xplor, and to collaborate on our concept for nickel discovery in the Nordic region. It is by developing and
testing new exploration concepts, and building positive relationships with stakeholders, that major discoveries of
critical metals required for the energy transition will be made, and BHP Xplor allows Kingsrose to increase the
odds of discovery success.”
As a part of the BHP Xplor program, Kingsrose has developed a strategy of regional target generation for nickel
massive sulphide deposits, applying modern mineral systems concepts and generative exploration methods
across two highly prospective but underexplored geological belts in Finland and Norway. The work will also
include a strong emphasis on environmental and social management. Under the Xplor program agreement
between BHP and Kingsrose, BHP does not acquire an equity interest in Kingsrose or any project owned by the
Company, however Kingsrose has committed to certain exclusivity and pre-emption rights with respect to
investments in Kingsrose or its projects, as well as data sharing provisions in relation to the program as
summarised in Table 1.
Sonia Scarselli, Vice President, BHP Xplor shares, “We are amazed by the diversity and quality of the
submissions we reviewed and selected. We are confident that the BHP Xplor program will support the companies
chosen to accelerate their concepts and ideas, to help take them to the next level.”
- ENDS
==========================================================================================
(DYOR)
i hold KRM
officially confirming a post above , on the same topic
PROGRAM TO HELP ACCELERATE EXPLORATION NEEDED FOR THE
ENERGY TRANSITION
Kingsrose Mining Limited (ASX: KRM) (“Kingsrose” or the “Company”) is pleased to announce that it has been
selected to participate in the BHP Xplor program. BHP Xplor, an accelerator program introduced by BHP in August
2022, is designed to help provide participants with the opportunity to accelerate their growth and the potential to
establish a long-term partnership with BHP and its global network of partners.
The Company will receive up to US$500,000 in cash payments from BHP and access to a network of internal and
external experts to help guide development in the technical, business and operational aspects of our company.
Kingsrose Managing Director, Fabian Baker, commented “We are delighted to have been selected to participate
in BHP Xplor, and to collaborate on our concept for nickel discovery in the Nordic region. It is by developing and
testing new exploration concepts, and building positive relationships with stakeholders, that major discoveries of
critical metals required for the energy transition will be made, and BHP Xplor allows Kingsrose to increase the
odds of discovery success.”
As a part of the BHP Xplor program, Kingsrose has developed a strategy of regional target generation for nickel
massive sulphide deposits, applying modern mineral systems concepts and generative exploration methods
across two highly prospective but underexplored geological belts in Finland and Norway. The work will also
include a strong emphasis on environmental and social management. Under the Xplor program agreement
between BHP and Kingsrose, BHP does not acquire an equity interest in Kingsrose or any project owned by the
Company, however Kingsrose has committed to certain exclusivity and pre-emption rights with respect to
investments in Kingsrose or its projects, as well as data sharing provisions in relation to the program as
summarised in Table 1.
Sonia Scarselli, Vice President, BHP Xplor shares, “We are amazed by the diversity and quality of the
submissions we reviewed and selected. We are confident that the BHP Xplor program will support the companies
chosen to accelerate their concepts and ideas, to help take them to the next level.”
- ENDS
==========================================================================================
(DYOR)
i hold KRM
officially confirming a post above , on the same topic
