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Fleet Space to deploy ExoSphere exploration solution at Barrick’s Reko Diq project

Posted on 10 Jul 2024

Fleet Space Technologies has announced the deployment of its end-to-end mineral exploration solution, ExoSphere, at Barrick Gold’s Reko Diq copper-gold exploration project in Pakistan.

Powered by the latest advances in space technology, AI, and 3D multiphysics, ExoSphere is being used to generate 3D subsurface maps of copper porphyry complexes and local groundwater systems for multiple zones of interest, comprising over 1,150 sq.km of the Reko Diq project, it says.

“Barrick Gold and Fleet Space are united in our use of cutting-edge technologies to enhance mineral discovery and unlock sustainability benefits across the exploration journey,” Flavia Tata Nardini, co-Founder & CEO of Fleet Space Technologies, says. “By applying the latest innovations in space, AI and 3D multiphysics to copper exploration, we demonstrate a more sustainable, scalable path to achieve the copper supply needed for our clean energy future, in alignment with the United Nations’ Sustainable Development Goals. We are proud to deploy ExoSphere to advance Barrick Gold’s ESG objectives and support the development of a world-class operation at Reko Diq.”

Reko Diq represents one of the largest undeveloped copper-gold projects in the world. The area is one of several volcanic centres in the Chagai mountain range and part of the Tethyan Magmatic Arc which is known to contain significant copper-gold ore deposits of various grades. With plans to begin production in 2028, Reko Diq is poised to be a major contributor to Pakistan’s economy, delivering employment opportunities, investment in development programs and regional economic growth in the Balochistan province.

Fleet Space’s ExoSphere solution has been leveraged to accelerate copper exploration across a number of projects. Recently, Fleet Space conducted the world’s largest real-time Ambient Noise Tomography copper survey with ExoSphere across 1,818 sq.km of Inflection Resource’s tenement portfolio in the Macquarie Arc of the Lachlan Fold Belt in Australia. After multiple new high-priority targets were identified at its Duck Creek project with ExoSphere, AngloGold Ashanti shifted the designation of Duck Creek from Phase 1 to Phase II under their Exploration Agreement with Inflection Resources − which includes drilling targets identified with ExoSphere’s geophysical surveys.