Nordic Nickel (ASX:NNL) has been selected to participate in the 2023 BHP Xplor Program, an accelerator program designed to support early-stage mineral exploration start-ups looking for critical minerals required for the global energy transition.
BHP will provide Nordic with US$500,000 in non-dilutive funding to support and accelerate its exploration plans during the Xplor Program period, as well as full access to BHP’s deep expertise and global partnerships.
Nordic will use the funding to fund a number of deeper holes to test the known EM targets that appear to be located near the base of the ultramafic cumulate layer at the Hotinvaara nickel Prospect.
Shares of Nordic Nickel closed up 6% today.