IMDEX Limited

IMDEX features new technologies at PDAC 2020

04/03/2020

Leading global mining-tech company IMDEX showcased innovative new technologies at this year’s Prospectors & Developers Association of Canada convention (PDAC) — the world’s largest and most diverse mining event.

More than 25,000 people and 2500 investors attended the event in Toronto, Canada, last year.

IMDEX featured its patent-protected drilling technologies IMDEX COREVIBE™ and IMDEX XTRACTA™ and launched the IMDEX SURVEY-IQ™, app where you can monitor all your IMDEX survey tools from one interface.

IMDEX COREVIBE™ uses high frequency, energy pulse-assisted drilling for wireline coring, providing a significant improvement in drilling productivity.

Test results validated by international inspection and verification company SGS show the IMDEX COREVIBE™ has delivered up to 30 per cent improvement in core drilling productivity.

IMDEX XTRACTA™ enables drill bits to be inspected or changed without retrieving the rods, and has undergone extensive testing, with verified results showing safety and productivity gains.

IMDEX SURVEY-IQ™ can boost productivity by up to four times compared to conventional apps.

IMDEX Chief Executive Bernie Ridgeway said: “We are confident these new technologies will be a step-change for the minerals drilling industry globally and deliver significant earnings growth for IMDEX over many years.”

The annual four-day convention, held this year from March 1 to 4, has grown in size, stature and influence since it began in 1932.

IMDEX personnel including General Manager of Product Development Dr Michelle Carey, Chief Geoscientist Dave Lawie, Global Business Development Director Derek Loughlin and Principal Geoscientist Gervais Perron presented at the IMDEX’s seminar series, held

With more than 20 years’ experience in the global mining industry working across multiple organisations including BHP and WMC, Dr Carey is an expert in developing products for the mining sector.

Mr Lawie discussed the latest in leading exploratory data analysis software application, ioGAS™ 7.2, explaining its speed and other benefits over traditional interpretation methods.

Mr Loughlin has more than 30 years’ experience within the mining and drilling industry and delivered a presentation on A New Wave of Drilling Optimisation.

He explained how IMDEX COREVIBE™ and IMDEX XTRACTA™ are creating a paradigm shift in drilling optimisation.

Dr Carey and Mr Perron discussed Real-time Decision Making in Exploration and explained how new technologies can assist in making better decisions in the field or in the office using survey instruments through to geochemical and petrophysical sensors.

ABOUT IMDEX

IMDEX is a leading global Mining-Tech company, which enables successful and cost-effective operations from exploration to production.

The ASX listed company develops cloud-connected sensors and drilling optimisation products to improve the process of identifying and extracting mineral resources for drilling contractors and resource companies globally.

IMDEX’s unique end-to-end solutions for the mining value chain integrate its leading AMC and REFLEX brands. Together they enable clients to drill faster and smarter, obtain accurate subsurface data and receive critical information in real-time.

For further information visit www.imdexlimited.com

IMDEX at PDAC 2020: http://bit.ly/37DAtU1