Skip to main content
The Markets by Proactive
Go to Proactive UK
Proactive UK has moved. Proactive’s coverage of London’s small caps continues on proactiveinvestors.com Go there →
Advertisement
The Markets
by Proactive
Proactive UK has moved.
Coverage of London’s small caps continues on proactiveinvestors.com
Go to Proactive UK
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK
Advertisement
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK

Mining

Power Nickel announces partnership with Fleet Space to locate high-grade nickel sulfide deposits more accurately

Power Nickel Inc (TSX-V:PNPN) has said it will use innovative sound mapping technology from Fleet Space to locate additional high-grade nickel sulfide deposits more accurately.

Fleet Space’s mapping technology, called 'ExoSphere’, has already delivered promising results in exploration projects for high-grade nickel, the company said, noting that the satellite-enabled earth scanning technique is called Ambient Noise Tomography.

Battery-powered devices known as ‘Geodes', can be transported by hand and are used to capture background vibrations from natural and man-made sources and the data can be used to develop a full 3D visualization of the subsurface down to a depth of 2 kilometres, the company explained.

READ: Power Nickel retains Karbon-X to offset 2023 drill program with voluntary carbon offsets

"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,” Terry Lynch, the CEO of Power Nickel said in a statement.

“The two main advantages this technology offers are 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 fewer meters but with increased impact. Use of this technology aligns well with our goal of making nickel mining cleaner, faster, and more environmentally friendly right from the exploration phase," Lynch added.

Fleet's Geodes are up to 10 times more sensitive than existing nodal geophones, leading to better accuracy and depth of results. The data obtained is processed rapidly and transmitted from anywhere in the world through Fleet's constellation of low-earth orbit satellites, which were recently launched by Elon Musk's company, SpaceX.

"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,” said Fleet Space founder Flavia Tata Nardini.

“We both understand the urgent need to accelerate the discovery process for these vital minerals, but we're also equally committed to minimizing their 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," Nardini added.

Power Nickel is a Canadian junior exploration company focusing on high-potential copper, gold, and battery metal prospects in Canada and Chile. Its flagship NISK property comprises a large land position with numerous high-grade intercepts.

Contact the author at jon.hopkins@proactiveinvestors.com

Advertisement
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK