Pallas Resources Joins BHP Xplor Program to Accelerate Critical Resources Exploration
The Kazakhstan-based company will receive up to $500,000 in non-dilutive funding to expedite exploration of large-scale copper, nickel sulphide, lithium and gold systems.
Overview
- Pallas Resources has been selected to participate in the BHP Xplor Program, a global accelerator program targeting innovative, early-stage mineral exploration companies.
- The program is designed to find the critical resources necessary to drive the energy transition.
- Pallas Resources will receive up to US$500,000 in non-dilutive funding, which will be used to accelerate exploration over a defined area of interest hunting significant copper systems.
- Under the agreement, BHP does not acquire an equity interest in Pallas, or any project owned by the company.
- Pallas Resources has a significant portfolio in Kazakhstan, targeting large-scale copper, nickel sulphide, lithium and gold systems in highly prolific but underexplored terrane.