Southern Cross Space, Onirik and CTAC partner to accelerate mining and exploration with space technology.
Southern Cross Space is proud to announce a strategic partnership with Onirik and CTAC, pioneers in mining exploration technology. This collaboration harnesses the power of space-based technology and intelligence to transform and accelerate direct mineral exploration. The partnership will dramatically reduce exploration time, costs and environmental impact for the mining sector.
Historically the mining industry has been constrained by indirect time-intensive and costly exploration methods. With Southern Cross Space’s satellite capability and Onirik and CTAC’s Mineral Finder Technology (MFT) this partnership delivers a major paradigm shift for explorers and miners.
Onirik’s CEO Geoff Wade repeats one of his client’s remarks on the mineral finder technology,
“MFT gets me faster to first production and ROI. “
mineral finder technology (MFT)
Global demand for mineral resources is on the rise, driving the mining industry’s need to discover faster, produce smarter, and become more locally sustainable. This partnership ensures Southern Cross Space can provide mining organisations with more tools to:
- Locate and characterise economically viable resources at demonstrably higher discovery rates than those of traditional exploration adding valuable assets to your balance sheet.
- Expedite the exploration process so you can bring mines into production and generate cash flow years earlier than with traditional exploration methods, which translates to significant present-day value from earlier revenue generation.
- Simplify your exploration sequence and thereby significantly reduce your exploration costs.
- Tap into early mover advantage offering a considerable competitive edge for miners.
“Mining and exploration are undergoing a profound transformation. Today’s space technology is delivering the answers at the operational velocity this industry requires. Through this partnership, with Onirik and CTAC we’re redefining what’s possible and reducing time to production – making precision mineral exploration the new industry standard”
Peter Kinne, CEO, Southern Cross space
By bringing satellite-based intelligence into mining, we’re ensuring resources are located, extracted and remediated faster, smarter and with greater environmental care.
About Onirik
Onirik delivers future-smart, eco-friendly technologies that help the mining and energy sectors accelerate exploration, improve productivity, and clean up tailings. We solve industry challenges while reducing risk, environmental impact, and supporting junior miners with finance solutions to achieve their goals. www.onirik.com.au
About CTAC
CTAC OFT LLC It is a company dedicated to the development and implementation of technologies with great ecological sense in order to work for its clients optimizing time and resources from the early stages of exploration until the verification of the points to be drilled, diminishing the threshold risk for drilling and exploration. www.ctac.com.co