SkyTEM Signs Strategic Partnership Agreement with MPX Geoservices Ltd.

MPX Geophysics LTDSkyTEM Surveys (SkyTEM) and MPX Geoservices (MPX) have entered into a strategic agreement. The purpose of the partnership is to offer a complete suite of advanced airborne geophysical technologies and services to the Energy, Mining and Water sectors in Peru, Colombia, and Mexico. The partnership combines SkyTEM’s Time-Domain Electromagnetic (TDEM) airborne geophysical systems with MPX’s airborne systems and established operational capabilities throughout Latin America.

SkyTEM’s TDEM systems, the SkyTEM101, SkyTEM304 and SkyTEM508, have earned a reputation worldwide for the acquisition and quick delivery of accurate high resolution data. “We are looking forward to working with MPX” said SkyTem’s CEO Dr. Flemming Effersø, “Teaming with an established partner such as MPX gives SkyTEM the opportunity to rapidly increase its reach, presence and reputation in the South American market”.

“It is a privilege to be able to offer the latest SKYTEM TDEM technology to our Latin American client base. It is a definite contribution to our Magnetic, Radiometric, LiDAR and Drilling services we currently have available“, said MPX’s CEO Daniel McKinnon, “The whole team at MPX is excited about this opportunity and looking forward to bringing this new range of technology to our exploration clients”.

About SkyTEM

SkyTEM’s airborne geophysical system collects and delivers accurate finely detailed maps of the earth’s subsurface quickly and economically. SkyTEM TDEM technology is applied throughout the world to assist in accurately and cost effectively locating drill targets for a wide variety of exploration targets. In addition to the availability of low altitude magnetic measurements and GRS data, the system can be configured to maximize the response and depth of penetration in various geological settings. For further information on SkyTEM see www.skytem.com.

About MPX Geophysics

MPX specializes in providing contract geophysical services for corporate and government clients who are engaged in mining exploration, groundwater & environmental studies.

Operating from both fixed-wing and helicopter platforms, MPX Geophysics Ltd. has the ability to configure a geophysical system to meet client requirements from a single sensor magnetic system to a full horizontal and vertical gradiometer system, Gamma Ray Spectrometry can also be added to any surveying configuration. In addition, MPX provides aerial surveying for engineering applications worldwide. www.mpxgeophysics.com.

For further information, please contact Flemming Effersø, CEO, at info@skytem.com or +45 8620 2050.