The contract, which comes into effect in May 2023, will see Fleet’s pioneering satellite-based mineral exploration system, ExoSphere, deployed across Core’s tenements in the Northern Territory. Core was also successful in applying for the co-funding of a tenement-wide deployment of Exosphere at its Shoobridge Project in 2022, under round 15 of the Geophysics and Drilling Collaborations program.
This follows successful results of a collaborative trial between Core Lithium and Fleet Space Technologies at the BP33 prospect. In August 2022 the company jointly announced the successful conclusion of survey trials. In a statement to the ASX (1st August 20223), Core Lithium described the results of the trial as ‘an outstanding success’, noting an ‘excellent correlation with the pegmatite body interpreted from drilling to depths in excess of 500m’ and stating that ‘a number of previously unknown targets have emerged – a major boost for exploration.’
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