Orexplore Technologies Limited announced that it has signed a binding Agreement with Wiluna Mining Corporation Limited. The purchase order, valued at $170K, is for Orexplore to deliver site-based drill-core scanning services for Wiluna at its Wiluna Mining Operation in Western Australia, to support the current exploration drill campaign activities. The scope of the initial field deployment is focused on the scanning and analysis of a minimum commitment of 2,000m of scanned core on-site and delivered across a period of approximately two months.

Subject to site conditions and the campaign status, additional core quantities may be added to the scanning program to be determined by Wiluna. Orexplore will deploy to site a self-sustained containerised unit using the in-field GeoCore X10® platform and the Orexplore Insight analysis software. The Company will also deploy to site a scanning technician to operate the unit and effectively integrate it into the site workflows.

The significance of the Agreement is that it represents a fully commercial site deployment of Orexplore's exploration value proposition that delivers improved rapid decision making from near-real-time field-based core analysis, that seeks to deliver time and cost savings across exploration programs. Orexplore's Technology Platform comprises its field sensing GeoCore X10® product that extracts information from drilled core potentially hours after its extraction. The Orexplore Insight software then connects geological decision-makers anywhere in the world in near real time to analyse and interpret results to accelerate decision making. Key terms of the agreement include the delivery of site-based drill-core scanning and analysis services of approximately 2,000m of NQ core over a period of approximately two months.

The Agreement is exclusive for both parties. Other terms are customary for agreements of this nature.