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Be the first with the news that moves the market- Talon Metals (TLO), U.S’s EV battery supply chain, is working with Fleet Space to pilot satellite-enabled mineral exploration technology in the U.S
- Fleet’s new ‘earth scanning’ technology can increase drilling accuracy and decrease land disturbance in exploration for high-grade nickel deposits vital to the U.S. energy transition
- The data is processed rapidly and transmitted from anywhere in the world through Fleet’s constellation of low earth orbit satellites
- Talon Metals (TLO) is a base metals company in a joint venture with Rio-Tinto on the high-grade Tamarack Nickel-Copper-Cobalt project located in central Minnesota
- Talon Metals (TLO) is down today, trading at C$0.47 at 3:29 pm ET
Talon Metals (TLO) is working with Fleet Space to pilot satellite-enabled mineral exploration technology in the U.S.
Fleet’s new ‘earth scanning’ technology can increase drilling accuracy and decrease land disturbance in exploration for high-grade nickel deposits vital to the U.S. energy transition. The two companies are working together for Fleet’s ExoSphere rapid mineral exploration solution at Talon’s exploration projects in Minnesota and Michigan. Talon is exploring for high-grade nickel deposits in the U.S. to supply the domestic battery supply chain with nickel and other battery materials required in the energy transition.
Henri von Rooyen, the CEO of Talon, says:
“We are excited to work with Fleet to pilot their impressive advanced seismic tomography approach to mineral discovery and pair it with our in-house exploration teams’ unique approach to finding more high-grade nickel in the United States. Fleet’s technology has the potential to deliver two tantalizing results for geologists like our team of proven “nickel hunters”: speed and accuracy. Increased accuracy means less disturbance of the earth as compared to conventional exploration practices. Speed means a faster path to discovering the metallic minerals like nickel that society needs for the energy transition.”
Fleet’s ExoSphere technology scans the ground using an advanced seismic tomography technique called Ambient Noise Tomography (ANT), where highly transportable ‘Geode’ devices listen to faint background vibrations from natural and man-made sources. The Geodes, containing sophisticated processing units, satellite transmitters and seismic sensors, use the principles of seismology to map the properties of the Earth’s subsurface from faint background seismic waves. The data is then processed rapidly and transmitted from anywhere in the world through Fleet’s constellation of low earth orbit satellites, recently launched by SpaceX.
Fleet’s Geodes are up to 10x more sensitive than existing nodal geophones, increasing accuracy and depth of results. The Geodes can be transported by hand at surface and are battery powered, allowing mobility as data is received and new targets identified.
Once sufficient ANT data is gathered, Geodes partially process the raw information on site, reducing the data required for transmission.
The data from each Geode is rapidly processed and can deliver a full 3D visualization of the subsurface down to 2 km depth. A clear, rich image of what resources may be below ground can be generated in as little as four days.
Using a bespoke Fleet-developed system, these visualizations are accessible to view and export anywhere on earth in near real-time. The speed of this imaging now means that thousands of square kilometres can be imaged in a fraction of the time of traditional ground-based methods that would currently require drilling rigs to be moved into place.
Fleet Space Technologies is Australia’s leading space company. Fleet is rapidly expanding its satellite constellation to provide unlimited data and global reach to realize the potential of millions of Internet of Things (IoT) devices.
Talon Metals (TLO) is a base metals company in a joint venture with Rio-Tinto on the high-grade Tamarack Nickel-Copper-Cobalt project located in central Minnesota.
Talon Metals (TLO) is down today, trading at C$0.47 at 3:29 pm ET.
