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Reading: Barrick gold leverages satellite technology to accelerate exploration at Reko Diq project
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Baner Club > Blog > Business > Barrick gold leverages satellite technology to accelerate exploration at Reko Diq project
BusinessPakistan

Barrick gold leverages satellite technology to accelerate exploration at Reko Diq project

Reko Diq project, located in the Balochistan province of Pakistan

Last updated: 2024/07/12 at 3:20 PM
Published July 12, 2024
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Modern satellite technology has been used by Barrick Gold Corporation to improve exploration operations at the eagerly awaited Reko Diq project.

The multinational mining conglomerate has used Fleet Space’s satellite-based technology to obtain significant data and enhance their understanding of the mineral-rich area.

Located in Pakistan’s Balochistan province, the Reko Diq project is considered one of the greatest undeveloped copper and gold reserves in the world.

With a majority share in the project, Barrick Gold is now maximizing the potential of this key asset by streamlining its exploration efforts and utilizing satellite images and advanced analytics.

Barrick Gold is now able to collect high-resolution data, spot potential regions, and keep an eye on the project site in real-time by utilizing Fleet Space’s cutting-edge space-based technologies.

With this strategy, the business may expedite the Reko Diq project’s overall development, maximize resource allocation, and make better-informed judgments.

According to Mark Bristow, “it’s a game-changer for us to incorporate cutting-edge space technology into our exploration efforts at Reko Diq.”

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admin July 12, 2024 July 12, 2024
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