BHP selects eight companies for 2025 Xplor accelerator program

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The eight participants for this year’s program are: Scout Discoveries (USA), Orogen Royalties (USA), Condor Prospecting (Argentina), Viridian Metals (Canada), DesertEx (Saudi Arabia), Electrum Discovery (Serbia), Firetail Resources (Peru) and GreenX Metals (Germany).

The 2025 Xplor cohorts will each receive an equity free grant of up to $500,000 and gain access to a network of industry experts to build out and accelerate their exploration concepts, said BHP.

“We were delighted with the strength of applications – the quality of exploration projects was extremely high. The 2025 BHP Xplor cohort will be the most diverse geographic spread to date,” commented Marley Palin, head of BHP Xplor.

Over the course of the program, the eight companies will work collaboratively with BHP Xplor to expedite their geological concepts and position the projects for potential follow-on investment and partnership with…

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