Fleet Space & IsoEnergy to Pioneer AI Mineral Exploration Tech at Larocque East in Athabasca Basin

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Fleet Space Technologies, Australia’s leading space exploration company, today announced plans to deploy its breakthrough AI-powered mineral exploration technology, ExoSphere Discovery, in partnership with IsoEnergy at their Larocque East Project in Canada’s Athabasca Basin. After drilling targets identified in 2023 with the real-time 3D imaging of Fleet Space’s end-to-end solution, ExoSphere, IsoEnergy confirmed an extension of a hydrothermal system on strike with Hurricane and alteration consistent with potential uranium mineralisation. This led IsoEnergy to conduct an expanded summer deployment of ExoSphere which identified six new priority targets and, together with the four areas identified from 2023 work, became the focus of their summer drilling campaign. 

Using the latest advances in AI for mineral exploration, IsoEnergy will build on these findings, pioneering the use of ExoSphere Discovery at the Larocque East Project to predict new opportunity zones and optimise data-driven drill targeting at the project. The Larocque East Project is home to the world’s highest grade indicated uranium mineral resource, the Hurricane deposit, that is only 40km away from the McLean Lake Mill. With a diversified portfolio across tier-1 jurisdictions in the US, Canada, and Australia, IsoEnergy is positioned to be a near-term uranium producer in support of the global clean energy transition, deploying scalable technologies to further ESG objectives and advance exploration in Canada’s premiere uranium producing region.

“ExoSphere’s real-time 3D imaging at depth has been instrumental in advancing data-driven exploration in the Athabasca Basin and around the world, identifying previously unknown targets in highly prospective and untested regions with unprecedented speed, accuracy, and scale,” said Co-Founder & CEO of Fleet Space Technologies, Flavia Tata Nardini. “By augmenting ExoSphere’s proven targeting capabilities with the latest advances in AI, we provide a plug-and-play, end-to-end technology infrastructure optimised to deliver increasingly accurate predictions and narrow search space at every stage of the exploration journey. We are excited to expand our collaboration with IsoEnergy to realise the full scope of the Athabasca Basin’s untapped potential and pull the future of full-stack, AI-enabled exploration into the present.”

Built on the end-to-end hardware foundation of Fleet Space’s smart satellite-enabled seismic sensors (Geodes) for global multiphysics data acquisition, ExoSphere’s real-time 3D ANT surveys have accelerated and enhanced data-driven targeting decisions across five continents. The introduction of ExoSphere Discovery represents the AI integration layer at the top of Fleet Space’s end-to-end technology stack. Enabled by custom multimodal, multiscale AI models, ExoSphere Discovery is designed to predict opportunity zones and potential drill targets with high probability of alteration or intersecting mineralisation. Leveraging ExoSphere’s industry leading 3D ANT imaging up to 5km in depth and multiphysics datasets, ExoSphere Discovery provides data-driven predictions to narrow the exploration search space, reduce false positives, and enhance targeting accuracy at scale.

For the end-to-end capabilities and sustainability benefits ExoSphere has unlocked for the global exploration industry, Fleet Space was recognised at the Banksia Foundation’s 35th National Sustainability Awards as winner of the Climate Technology Impact Award for 2024 and winner of the Innovation category of the 2024 Mining Technology Excellence Awards. Widespread adoption of ExoSphere has also fueled Fleet Space’s international expansion and growth over the past year, which included an A$50 million Series C and recognition as Australia’s fastest growing company. 

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