Kingsrose Mining (ASX:KRM) has been selected to participate in the BHP Xplor program, which provides them with up to US$500,000 in cash payments, access to a network of internal and external experts, and pre-emption and exclusivity rights for investments in the company or its projects.
Through this program, Kingsrose has developed a strategy for nickel discovery in the Nordic region, with a focus on environmental and social management.
BHP Xplor is dedicated to accelerating innovative, early-stage mineral exploration concepts to find the critical resources necessary to drive the energy transition.
Following the announcement, shares of Kingsrose Mining were up 1.32%.