Adrok Limited has announced plans to expand into Canada – not only to service its existing client base, but to develop business within North America’s booming mineral exploration industry.
It’s set to open a new facility on Prince Edward Island (PEI) after landing a sizeable incentive package from the Provincial Government’s PEI Innovation Scheme.
The new Canadian base will create six jobs for geophysics and field technicians who will gather and analyse data on-site before sending it back to its Edinburgh headquarters for further analysis.
Adrok also plans to set up a sales and marketing team to help build the company’s client base in the region.
The firm, which launched in 1997, has been working in Canada since 2011 after receiving a £3 million investment from key client Teck Resources, a diversified resource company committed to responsible mining and mineral development.
Managing director Gordon Stove said: “Canada is fast becoming the top destination for mineral exploration and it makes sense for us to expand our operations given our continued work with Teck Resources. The incentive package from PEI is a major boost for us and we are looking forward to growing the company in the region.
“One of the biggest challenges for the Canadian industry is sustainability and the environment, therefore, we are keen to build on our recent successes with clients and demonstrate how ADR technology is the future for energy resource and mineral exploration.”
Adrok’s choosing PEI as its North American market hub has been welcomed by the island’s head of Innovation and Advance Learning minister, Allen Roach, who said: “Adrok is attracting significant global attention from the mining and energy industries because it offers a scanner that locates underground resources without the need for exploratory drilling. We think there’s a tremendous scope for exploration across the North American continent from its base here and I look forward to seeing the jobs and opportunities that materialise as Adrok consolidates its business here.
“The expansion into Canada opens up a whole new market place for Adrok’s technology and is a very exciting proposition for both the company and the province of PEI.”
Adrok conducted its first commercial exploration in 2007 in Morocco and has since used its patented technology to assist energy and mineral exploration in the North Sea, Europe Australia and Asia.
Its ground-breaking Atomic Dielectric Resonance (ADR) Scanner was developed by Stove and his son in 1997 and, since then, in addition to government funding, Adrok has invested more than £3 million to advance and commercialise the invention.
The ADR Scanner uses radio waves and microwaves to locate, identify and map subsurface natural resources, including oil and gas, metallic ore deposits and industrial minerals.
Unlike other 3D seismic technologies, ADR uses spectroscopy to measure the wavelengths and identify minerals and rock types in the subsurface.