Copper11 Jan 2025 14:28
Under Xplor 2025’s terms, each of the companies is entitled to receive an equity-free grant of up to US$500,000 and access to a network of BHP and external industry experts to build out and accelerate their exploration concepts.
The selected companies and the countries they focus on are as follows:
Scout Discoveries — US
Orogen Royalties (TSXV:OGN,OTCQX:OGNRF) — US
Condor Prospecting — Argentina
Viridian Metals (TSXV:VRDN) — Canada
DesertEx — Saudi Arabia
Electrum Discovery (TSXV:ELY,OTC Pink:ELDCF) — Serbia
Firetail Resources (ASX:FTL) — Peru
GreenX Metals (ASX:GRX,LSE:GRX) — Germany
“As the energy transition gathers pace it becomes more urgent that we can identify, develop and commercialize the discoveries required to support the transition,” BHP’s Group Exploration Officer Tim O’Connor said. “The 2025 Xplor cohort are the sorts of explorers that naturally embrace innovation in bringing promising new projects to life.”