Xplor

Welcome to BHP Xplor

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What is BHP Xplor?
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What is BHP Xplor

BHP Xplor is a six-month accelerator program for early-stage mineral exploration companies. We provide US$500,000 in equity-free funding, along with hands-on technical, commercial, and operational support. Our goal is to help explorers fast-track promising concepts into viable projects that can contribute to the minerals needed for the energy transition.

Program Benefits

 

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Funding

Up to $500K in non-dilutive funding to help support your business during the BHP Xplor program.
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Xperts & Coaching

Access to dedicated technical and commercial coaching, as well as experts across our Technical, Business and Operational pillars.
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Service Providers

Connection to BHP’s ecosystem of partners and service providers.
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Learning Curriculum

A tailored learning program, to deepen your understanding of best in class practices.
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Community

A global community of fellow BHP Xplor cohort members, supporting each other throughout the Xplor journey and beyond.
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Investment Opportunities

Opportunity to pitch for follow-on funding or BHP partnerships throughout the program.

BHP Xplor Timeline

Event:

2025 - September: Applications open 2025 - November - December: Interviews in Toronto 2026 - January: Program begins at Bootcamp 2026 - March: Toolkit camp 2026 - June: Scale Camp 2026 - September: Showcase
  • 2025 September: Applications open
  • 2025 November - December: Interviews in Toronto
  • 2026 January: Program begins at Bootcamp
  • 2026 March: Toolkit camp
  • 2026 June: Scale Camp
  • 2026 September: Showcase
Xplor 2025
BHP Xplor 2025 cohort
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BHP Xplor 2025 cohort

Learn more about our 2025 cohort of companies below

Condor - Argentina 

DesertEx - Saudi Arabia

Electrum Discovery - Serbia

Firetail Resources  - Peru

GreenX Metals - Germany

Orogen Royalties  - USA

Scout Discoveries - USA

Viridian Metals  - Canada

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BHP Xplor 2024 cohort
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BHP Xplor 2024 cohort

Learn more about our 2024 cohort of companies below

Cobre - Botswana | Meet the team

East Star Resources - Kazakhstan | Meet the team

Equivest Minerals - Global | Meet the team

Hamelin Gold  - Australia | Meet the team

Longreach Mineral - Australia | Meet the team

Pallas Resources - Kazakhstan | Meet the team

Cohort
BHP Xplor 2023 Cohort
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BHP Xplor 2023 cohort

Learn more about our inaugural 2023 cohort of companies below

Tutume Metals - Africa | Meet the team

Impact Minerals - Australia | Meet the team

Asian Battery Minerals - Mongolia | Meet the team

Red Ox Copper - Australia | Meet the team

Bronzite Exploration Corp - Canada | Meet the team

Nordic Nickel - Finland | Meet the team

Kingsrose Mining - Norway and Finland | Meet the team

Frequently Asked Questions

Overview

BHP Xplor is a global minerals exploration accelerator program targeting early-stage companies with big ideas and geologic concepts.

  • Why did BHP start BHP Xplor?

    Growth through partnership. BHP Xplor is dedicated to leading a new partnership model with the early-stage exploration ecosystem for growth.  Via BHP Xplor, we provide funding, network connections and technical and operating capabilities to help our cohort companies develop their exploration concepts.  This result is a broader and more diversified generative funnel for our company and our partners.

  • Who makes up the cohort?
    Learn more about the 2024 BHP Xplor cohort here.

Global search

We are conducting a global search to find the next big exploration opportunity.

  • What are the target geographies?
    We accept applications from across the globe. 
  • What type of candidate do we look for?
    We welcome (a) first time entrepreneurs, fresh from research and/or academia with a great exploration idea and data, and are ready to establish a company, (b) established teams and companies, with an early-stage and potentially breakthrough idea with data that has yet to be de-risked, and/or (c) mature teams and companies, with an exploration concept, data, and some preliminary de-risking activities.  Candidates may or may not have land access and may or may not have raised funding before.

A premier program

BHP Xplor will provide a premier program to help participants prepare for exploration operations and business success.

  • Why should candidates apply?
    • A US$500,000 equity-free grant to spend on your exploration work program.
    • Connect with BHP’s leading experts and form long-term relationships.
    • Gain access to BHP’s extensive network of vendors and service providers.
    • Dive into an exploration curriculum that’s tailored to you.
    • Join a global community of Xplorers.
  • Are you offering any financial support for the program?
    Yes, successful applicants will receive a grant, US$500K, for use on their exploration opportunity during the program.  At the end of the program, participants may have the opportunity to pitch for more substantial funding.