MFT, an innovative resource exploration technology: A game-changer for nations and investors

MFT Exploration benefitting Government Ministries

Introduction: A New Era in Resource Exploration

Exploring and monetising a nation’s natural resources has traditionally been a slow, expensive, and high-risk process. However, Mineral Finder Technology (MFT) is disrupting the industry by offering faster, more accurate, and cost-effective mineral exploration and characterisation process. This advanced technology, along with tailored financial models, is opening new doors for governments, large miners, and exploration companies.

MFT: Disrupting the Exploration Landscape

MFT uses advanced electromagnetic surveys to locate and characterise critical minerals, hydrocarbons, hydrogen, and water. Unlike traditional methods that focus on geological inference, MFT pinpoints mineral deposits with high accuracy, reducing the exploration timeline from a decade to as little as one year.

Key Benefits of MFT, an Innovative Resource Exploration Technology:

• Speed: Exploration time reduced up to 80%.

• Cost Reduction: Exploration costs slashed by up to 80%.

• Higher Success Rates: Discovery of economically viable resource increased to between 50% and 70%.

• Eco-Friendly: No environmental footprint, eliminating the need for permits.

Addressing Financial Barriers with Innovative Models

The cost of resource exploration is high, and can be a challenge for junior companies, and resource ministries. To overcome this, we can integrate the supply of MFT exploration services with innovative finance models that attract equity investors because MFT significantly lowers exploration risks and timelines.

Investor Perspective: MFT shifts the perception of exploration investments from speculative to attractive by:

• Reducing Risk: Shorter exploration timelines and higher discovery success rates for economically viable resources.

As a consequence investors typically seek significantly less equity to finance greenfield projects. This means nations retain a greater share of their natural resource wealth.

Equity Finance Framework:

Onirik, in partnership with CTAC, a leader in innovative resource exploration technology development and deployment, facilitates equity financing through select private capital investors. These investors, who have evaluated the MFT technology, provide equity funds to cover MFT, geophysical surveys, drilling, and resource certification. The more generous equity share terms mean financial and socioeconomic returns are shared more equally between investors, Government, and miners.

National Scale Exploration with MFT

Governments can now undertake large-scale national resource exploration programs because with MFT they can attract foreign capital. The process begins with a proof-of-concept project involving selected target areas. Successful discoveries are documented with NI43-101 compliant reports, making them market-ready for global investors. The process can be repeated; or upon sale of discovered economically viable assets to experienced mining operators, the Government can retain their share of profits, which can fund the next round of exploration and contribute to consolidated revenues.

Potential Impact on National Economies:

• Faster Resource Monetisation: Shorter timelines for location and valuation of all of a nations natural resources. Shorter timelines from exploration to commercial operation.

• Increased GDP: New mining operations boost employment and government revenues.

• Self-Funding Programs: Revenues from resource sales can fund further exploration, reducing reliance on foreign investment.

Social and Environmental Contributions

Beyond economic benefits, MFT supports social and environmental responsibility:

• Empowering Miners: Geological data from MFT helps miners improve efficiency and reduce environmental impact.

• Community Safety: MFT ensures that relocated communities are not settled on land with hidden mineral reserves.

• Water Resource Management: MFT also identifies water resources, aiding sustainable residential and agricultural development.

Conclusion: A New Frontier for Resource Ministries and Investors

MFT offers a comprehensive solution to transform resource exploration, combining cutting-edge technology with innovative financial models. By reducing costs, increasing success rates, and ensuring environmental responsibility, MFT is reshaping the future of resource exploration for nations and investors alike.

For more information or to explore partnership opportunities, contact Onirik or your local Onirik representative. Together, we can redefine resource discovery and drive sustainable growth.