Orexplore Technologies Shares soar on Oz Minerals commercial agreement
- Mining tech firm Orexplore Technologies (OXT) signs a $2.35 million commercial agreement with Oz Minerals (OZL) for its services
- Under the binding agreement, Orexplore will deliver about 30,000 metres of historic site-based drill core and sample scanning services for Oz Minerals
- This work will advance orebody knowledge and resource to reserve conversion processes
- The term of the agreement will conclude on the fulfilment of the purchase order expected to occur over a six-month period
- Shares in Orexplore are up 71.2 per cent, trading at 12.5 cents and shares in Oz Minerals are up 2.18 per cent, trading at $17.34 as of 1:56 pm AEST