Global drones-as-a-service provider, Delta Drone International Limited, says it has signed a contract with Red 5 Limited (via wholly owned subsidiary) in Western Australia for drone surveying services.
The contract with Greenstone Resources (WA) Pty Ltd is for three years and has a total contract value of A$1.01 million ($725,581) and annual recurring revenue of A$336,000 (billed monthly). Services are for the King of the Hills Mine (KOTH) and Darlot Mine, both in the Eastern Goldfields.
Red 5 owns and operates the KOTH gold project, a mine that is scheduled to produce 176,000 oz/y of gold over the first six years of its life. Darlot is an underground satellite mine to the KOTH Processing Hub (pictured).
Delta Drone International CEO, Christopher Clark, said: “We are pleased to be officially working with Red 5 and to provide frequent aerial surveying support which can be delivered efficiently and effectively to the business across a number of areas including for open pit mining, stockpile, processing area and for environmental purposes.”
Christian Viguié, CEO of Delta Drone SA, said this was the first major contract the company had signed in Australia, validating the success of its implementation and ability to duplicate the model that made Rocketmine successfully leveraged in southern Africa.