The BHP Xplor program is designed to back explorers chasing copper systems with genuine tier-one potential. SQX Resources (ASX:SQX) is one junior that should be thinking seriously about applying, particularly with the scale and style of mineralisation emerging at Ollenburgs.
Ollenburgs Prospect – A Standout Copper Target
The Ollenburgs part of SQX’s project area is a very promising copper play. Early work suggests a system with both size and intensity, supported by strong alteration and geochemical signatures. The mineralisation style hints at a large hydrothermal system that could grow significantly with systematic exploration.
Why Xplor Fits the Bill
BHP Xplor provides non-dilutive funding, access to global experts, and support networks that can transform a junior explorer’s capacity. For SQX Resources, this could mean:
Accelerating drilling programs at Ollenburgs.
Applying world-class geophysical and geochemical techniques to refine targeting.
Positioning the company as a copper growth story in its own right.
Market Angle
Investors are looking for juniors that can step up from grassroots to serious discovery stories. With Ollenburgs, SQX Resources has a prospect that could develop into something of district scale. Backing from BHP through the Xplor program would instantly validate that upside potential.
Bottom Line
SQX Resources has a prospect at Ollenburgs that fits the profile BHP wants to see in Xplor. With the right funding and expertise, this could grow into a major copper discovery. Applying for the program could be the catalyst that elevates SQX from early-stage explorer to serious contender in the copper space.
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