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Xcalibur Multiphysics completes the acquisition of MPX Geophysics, strengthening its presence in America

Xcalibur Smart Mapping Acquisition of MPX Geophysics

Xcalibur Multiphysics, global leader in integrated project and solutions for airborne geophysics and applied technology, is pleased to announce the successful acquisition of MPX Geophysics, a Canadian-based company with a presence in Latin America

This acquisition represents a significant step in Xcalibur Multiphysics’ growth strategy in America and reflects its commitment to growth by offering state-of-the-art geophysical solutions in the region.

The purchase includes the comprehensive acquisition of 100% of the shares and geophysical services of MPX Geophysics. We are proud to welcome MPX Geophysics to the Xcalibur Multiphysics family,” said Xcalibur Multiphysics CEO Andres Blanco, “This acquisition is a key milestone in our journey to consolidate Xcalibur Multiphysics’s leadership internationally and particularly in America”.

Daniel McKinnon, president and owner of MPX, said: “from our perspective, this acquisition transaction affords the former MPX team a tremendous opportunity to be part of a progressive organization providing access to a wider variety of geophysical surveying technologies that will enhance our capacity to provide effective exploration solutions to clients.

Through this acquisition, Xcalibur Multiphysics will strengthen its team in Latin America with the integration of the MPX Geophysics management team into Xcalibur Multiphysics. Marco Nieto, formerly Vice-president at MPX, will join as Business Development Manager where he will utilize his extensive experience and knowledge obtained over years of working in South America.

The expectation is that there will be a smooth and seamless transition into Xcalibur Multiphysics for the remaining MPX team members, without any overlap of key positions, including Business Development, Senior Geophysicists, Project Managers and Engineers. We look forward with keen anticipation to contributing meaningfully to Xcalibur Multiphysics’s thrust to become a World leader in Geophysics”.

As for Davin Allen, CEO of Xcalibur Multiphysics in Canada, he said: we see this acquisition as a pivotal step in expanding our presence in Central and South America. Daniel has done an exceptional job in building a fantastic team with a high degree of experience and an especially in-depth understanding of the intricacies of geophysical survey operations in the region.

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Xcalibur Multiphysics shines at Ecosistema Ahora

Xcalibur Multiphysics shines at Ecosistema Ahora

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Xcalibur Multiphysics, made its mark at the recent event Ecosistema Ahora, organized by Grupo PRISA and presented by El País, held in Madrid

This groundbreaking event brought together visionary leaders, experts, and influencers from various sectors to address the pressing environmental challenges confronting both Spain and the world amid the ongoing climate emergency.

Victor Gonzalez, CEO of Xcalibur Multiphysics Spain, Inspires with Visionary Insights a pivotal moment of the day came when Victor Gonzalez, CEO of Xcalibur Multiphysics Spain, took the stage to present his visionary perspective on the future of natural resources. With profound, Gonzalez enlightened the audience on how the demand for these resources will significantly impact our daily lives. His engaging discourse shed light on the importance of sustainable practices and the urgent need for technological advancements.

The event provided an exceptional opportunity for Xcalibur Multiphysics to engage in a dialogue on the environmental future with Ricardo de Querol Alcaraz, esteemed deputy editor of El País. The enlightening conversation touched upon various critical topics such as natural capital mapping, the energy transition, and the overall impact of climate change on our planet. The exchange of ideas between Gonzalez and de Querol left a lasting impression on all attendees, fostering a shared commitment to combatting climate change and ensuring a sustainable future.

Uniting Diverse Perspectives for Climate Action Throughout the day, Xcalibur Multiphysics had the privilege of sharing the stage with an-array of influential figures, including business leaders, government representatives, and experts, all of whom demonstrated their unwavering dedication to addressing climate change. By bringing together these diverse profiles, the event became a powerful catalyst for fostering collaboration and joint efforts towards a more sustainable world. As a company dedicated to creating a positive impact in the future, Xcalibur Multiphysics leverages cutting-edge technology and a strong commitment to sustainability. With a clear vision and a focus on transformative solutions, Xcalibur Multiphysics aims to shape a better tomorrow for generations to come.

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Xcalibur Multiphysics role in Africa Debate 2023: Empowering Change and Collaboration

Xcalibur Multiphysics role in Africa Debate 2023: Empowering Change and Collaboration

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On the 10th and 11th of May, Xcalibur Multiphysics participated in the Africa Debate organized by Invest Africa, held at Guildhall in London

Together with its main partners, The Africa Finance Corporation, this event aims to catalyze the commercial potential of the African continent, being London’s premier investment summit focused on the continent.

The Africa Debate brings together 500 influential leaders from various sectors, including trade, investment, infrastructure, development finance institutions, financial services, government and key industries in Africa, among others, His Excellency Hakainde Hichilema, President of the Republic of Zambia, was also present at this edition.

Energy Transition round table:

On the 10th, our CEO, Andres Blanco, participated in the Energy Transition roundtable held at The Law Society, along with other keynote speakers. During this private lunch, the speakers discussed the possibilities and opportunities for financing the continent’s energy transition. The discussion focused on key issues such as the financing gap of the energy transition in Africa, what actions the private sector should take to play a more active role in financing the transition, and how to ensure that the energy transition integrates and benefits all segments of society, particularly the most vulnerable ones.

Leveraging Critical Minerals to Advance African Trade Panel:
On the 11th, Andres Blanco also participated in the panel Leveraging Critical Minerals to Advance African Trade, along side other speakers such as Tavraj Banga, Partner & Co-Head of Helios Investment Partners, Simon Gardner-Bond, Chief Technical Officer of TechMet, and Amb. J. Peter Pham, Distinguished Fellow of Atlantic Council. During the panel, our CEO presented the need for responsible mapping of critical minerals and quality data for the development of African countries. Specifically, he highlighted how the acquisition of quality data on natural resources can help facilitate investment and the development of sustainable mining practices.

Xcalibur Multiphysics seized the opportunity at this exceptional international event to present and share the profound value of airborne geophysics for the progress of the African continent.

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Xcalibur Multiphysics partners with AFC and SMDF to boost Nigeria’s Geological Data Capabilities

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The objective is to stablish a comprehensive database showcasing Nigeria’s resource potential

Xcalibur Multiphysics role includes providing technical support, ensuring data quality and conducting economic evaluation studies Xcalibur Multiphysics, global leader in integrated project and solutions for airborne geophysics and applied technology, has joined forces to enhance the landscape of geospatial edata mapping for early-stage mining projects in Nigeria with Africa Finance Corporation (AFC) and the Solid Minerals Development Fund of Nigeria (SMDF).

The primary focus is to enhance global access to Nigeria’s geological data, promoting secure investments from various entities, including banks, mining firms, financial institutions, individuals, and agencies. At the forefront of this initiative is Xcalibur Multiphysics, contributing technical support, ensuring data quality, and conducting economic evaluation studies.

The collaboration is an extension of the AFC and Xcalibur Multiphysics’s earlier agreement to map, develop, and co-finance natural resource projects in Africa. This specific project in Nigeria aims to establish a comprehensive database showcasing the country’s resource potential.

The AFC and SMDF will navigate financing solutions, engage with regulators, and facilitate government discussions, while Xcalibur plays a crucial role in overseeing the technical aspects and economic evaluations.

Samaila Zubairu, President & CEO of AFC, emphasizes the significance of the partnership, highlighting Nigeria’s vast but underexplored mineral wealth. The goal is to attract mining investments and position Nigeria as a key player in the global energy transition. Dario Castellanos, VP Financing and Middle East director of Xcalibur Multiphysics, echoed her words, affirming the company’s commitment to enhancing geophysical data in Nigeria.

Castellanos believes that the collaboration will attract mining investments, contributing to the development of critical mineral resources and establishing Nigeria as a pivotal player in the global energy transition.

Despite Africa hosting 30% of the world’s mineral reserves, only 5% of global mining financing reaches the continent. AFC has been a significant investor, deploying over $900 million in critical projects over the last seven years, with a focus on closing the financing gap in the mining sector. Examples include the Dynamic Mining Bauxite Mine in Guinea and the FG Gold Baomahun Gold Project in Sierra Leone, both expected to have transformative impacts on local economies and job creation.

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Xcalibur Multiphysics Group acquisition of a majority participation in the Indian company McPhar International Private Limited

Xcalibur Multiphysics Group acquisition of a majority participation in the Indian company McPhar International Private Limited

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Xcalibur is pleased to announce the acquisition of a majority participation in McPhar

This acquisition represents Xcalibur’s entry into a strategic high growth potential market together with Oil Filed Instrumentation (India) Private Limited, a local partner, belonging to the industrial conglomerate The Neterwala Group.

Madrid, October 22nd, 2022. McPhar has headquarters in Mumbai (India). Today it is considered as a reference in the airborne geophysics survey market in India. McPhar is a leading service provider to the major geological agencies, as well as groundwater and geothermal public and private entities.

The company currently employs more than 20 highly qualified professionals and their state-of-the-art equipments and systems will allow them to execute current contracts in hand. Xcalibur, with 13 offices located in 5 continents, focuses on mapping of natural resources including minerals, oil & gas, water, and energy sources (geothermal and hydrogen). With proprietary geophysical technologies the company also has its own fleet of aircrafts, and a large team of expert professionals. This Spanish company flies over territories to measure physical properties of the subsoil.

The data is then processed, interpreted, and converted into valuable information on potential areas of natural resources for private companies, governments, and geological services. With active projects in Colombia, Brazil, Canada, USA, Spain, Portugal, Finland, Australia, Saudi Arabia, India, Japan, Kazakhstan, Nigeria, Democratic Republic of Congo, Republic of the Congo, Angola, South Africa, Tanzania, Botswana and Uganda, the Group’s purpose is to accelerate the energy transition, helping its clients to make more efficient and sustainable decisions to discover their growth potential.

Xcalibur also aims to contribute to the circular economy, the local communities, and the protection of biodiversity, focusing solely on high-interest areas of natural resources and developing social and cooperation projects in those regions through Xcalibur Foundation, the Group’s social arm. Xcalibur will introduce a wide range of technologies, technical know-how, commercial capabilities to the Indian market besides offering a large fleet of its own aircraft. Xcalibur-McPhar will jointly pursue opportunities in a potential market of about 2BnUSD over the next 10 years, investing together in the latest technology and systems and also with the aim to establish a permanent local fleet of aircrafts. Xcalibur counts on the support of COFIDES, Spanish institution that provides financing for international expansion of Spanish companies.

Neterwala Group Statement
Anosh Neterwala, Vice Chairman of the Neterwala Group, stated: This partnership adds tremendous capacity which will enable the group to offer a wide range of latest technologies and expertise for exploration of natural resources. We will utilize our India specific domain expertise of geophysical/geological exploration to help expand the business.

Xcalibur Multiphysics Statement
Andrés Blanco, CEO of Xcalibur Multiphysics Group, stated: This acquisition will allow Xcalibur to take a leading position in India, a strategic market with great growth potential in the search for natural resources and energy transition. Xcalibur will contribute its global leadership by making available all its assets and technologies to the combined company in order to offer a full range of services for natural resource mapping in India.

About Neterwala Group / Oil Field Instrumentation (India) Private Limited (OFI) The Neterwala Group is a professionally run; family owned & managed business enterprise with over six decades of steadfast growth. The group is technologically robust, with diverse manufacturing interests in Metallurgy, Oil Field Chemicals & Instrumentation, Engineering, Environment, and Information Technology. Continuous innovation, sustained by dedicated commitment of its employees, coupled with careful use of acquired technologies and International Joint Venture partnerships, has ensured that the group is a leader in almost all its fields of activity. The Neterwala Group’s CSR program is built around its value system and relies on the commitment of its stakeholders to adopt these values.

The Group is committed to advancing policies and systems across its companies to ensure that all aspects of its CSR program relevant to its businesses are addressed and monitored. These include good ethical behavior, concern for employee health and safety, care for the environment and community involvement. OFI is a leading, specialized high technology-oriented service company in India, engaged in providing advanced and cost-effective solutions to the Oil & Gas Industry (Offshore and Onshore) for over three decades. It is a leading Mud Logging Service provider in India with presence in the Middle East, Africa and Asia Pacific. OFI has a wide range of propriety digital offerings and a strong focus on future opportunities in energy transition.

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CBPM and Xcalibur conduct innovative Aerogeophysical study

CBPM and Xcalibur conduct innovative Aerogeophysical study

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Electromagnetic method, using helicopter, maps new mineral opportunities in Bahia

The increase in the level of scientific knowledge, investor confidence and operational efficiency are causing a new growth cycle in mineral production in Bahia. Representatives of Xcalibur Multiphysics, a company specializing in geophysical and marine solutions, held, in recent weeks, the delivery and presentation of data obtained in the latest aerogeophysical survey conducted by CBPM (Companhia Baiana de Pesquisa Mineral), in the north of the state.

The analysis made in the first half of this year aims to obtain more detailed information about the mineral opportunities in Bahia with the application of the latest aerogeophysical technologies available in the market, as explained by the CEO of Lasa Prospeces, representative of Xcalibur in Brazil, Henrique Duarte.

The technology used is the electromagnetic method, in the time domain, by helicopter. It is a method developed by the company, in Canada, and the differential of this method is that it allows you to investigate mineral deposits at depths of up to 500 metres, depending on the occurrence.

The analysis was carried out in the first half of this year, with the application of the latest aerogeophysical technologies.

Also, during the presentation, the representatives of Xcalibur shared a little more of the challenges faced and also more information about the methodology and equipment used in this mapping. Henrique Duarte stressed that this is the most modern system on the market, which ensures more quality and accuracy in the images. It is the method available in the industry with the best signal quality, the best resolution, so CBPM is with data at the forefront of what we have today in electromagnetic aerogeophysical surveys, he stressed.

During the survey 1,178 square kilometers were covered, which corresponds to more than six thousand linear kilometers of aerogeophysical data. With the delivery of the results, the CBPM technical team starts the analysis of the data obtained as explained by the geologist and master in geophysics, responsible for the CBPM Geophysical Projects, Ives Garrido. The next step after the delivery of the final products, the CBPM technical staff will work these data to elect areas for exploratory drilling and for the discovery of new deposits.

The geologist reinforces that the areas surveyed by CBPM encompass regions with high and diversified mineral patrimony. As the State of Bahia is traditionally a miner, mining is a fundamental activity that forms the basis of important production chains in the State. The publication of the results of these aerogeophysical surveys provides the private sector with a large volume of reliable information that points to countless opportunities for the development of the sector, he analyzed.

Ives Garrido, responsible for the Geophysical Projects of CBPM Investments in Research

For the president of the Companhia Baiana de Pesquisa Mineral (CBPM), Antonio Carlos Tramm, besides Bahia already having a regional aerogeophysical coverage of high resolution, with this new work, it represents one of the best investments for the mineral development of the state. Without a doubt, the return of these surveys in the mineral sector will be translated into a modernization of the already existing data, resulting in more speed in the identification of new mineral opportunities.

In the years 2019, 2020 and 2021, according to data from the National Mining Agency (ANM), Bahia was one of the states that invested the most in mineral research. Adding up public and private investments, more than R$800 million was invested both during the research authorization phase and during the mining phase, which reflects the result that Bahian mining has been achieving in recent years. Over a decade, the amount was more than R$ 1.8 billion of investments in mineral research.

Tramm points out that although Bahia already has high resolution regional aerogeophysical coverage, this new work, in addition to applying more modern methods, obtains a very significant detail in the discovery of new mineralized areas. The results shall significantly increase the participation of the mineral sector in the economy of Bahia. Currently the state presents a significant number of requests for research, after the completion of each airborne carried out and made available by CBPM.

Over a decade, Bahia has had more than R$ 1.8 billion of investments in mineral research.

This high spatial resolution survey, combined with the evolution of current geological knowledge, represents one of the best investments for the mineral development of the state of Bahia. Without a doubt, the return from these surveys in the mineral sector will be translated by the significant increase in the number of research authorizations, he stresses.

Mineral Potential
The new cycle of aerial surveys was carried out in regions selected based on geological interest and in areas identified from the regional aerogeophysical surveys. Initially the Northern Bahia Metallogenic Province (PMNEB) was mapped, especially in the Campo

Representatives of Xcalibur shared challenges, methodology and equipment used in the mapping
Alegre de Lourdes region, as clarified by the technical director of CBPM, Rafael Avena. These surveys are the most modern of today and important for the discovery of new mineral deposits, as they collect several sets of data that will certainly serve as a subsidy for a new exploration program in the State of Bahia.

The project uses airborne electromagnetic systems in the time domain/magnetometry, in semi-detail/detail, installed in helicopters. The PMNEB is located in the extreme north of Bahia, in an area mainly under the influence of the marginal bands of Rio Preto and Riacho do Pontal, which are part of the northern border of the São Francisco Craton, holder of important mineral deposits, among them the large Fe-Ti-V deposit associated to the mafic-ultramafic Complex of Campo Alegre de Lourdes, the expressive deposit of phosphate rocks associated to the Carbonatite Complex of Angicos Dias and also the magmatic deposit of Ni-Cu sulfides denominated Caboclo dos Mangueiros.

The geologist and master in geophysics, responsible for the Geophysical Projects of CBPM, Ives Garrido adds that the interpretation of all this data will allow the selection and prioritization of new target areas for a program of exploratory drilling, whose results will allow the generation of other new research projects.

These studies are demonstrating the existence of various geophysical signatures translated by specific multiphysical features associated with those related to the mineral deposits already known, providing a better understanding of the recognized metallogenic potential of the region and the discovery of new mineral deposits, he concludes.
What is an aerogeophysical survey

Non-invasive and without any impact on the environment. Aerial surveys are methods that do not require drilling on the ground or any environmental licensing, precisely because all the information is collected in the air, making the study and research in mining more sustainable.

With the current more vigorous resumption of mineral exploration activity in Bahia, mainly for exploration of copper, nickel, gold, iron, aerogeophysics becomes essential because it allows the collection of multiple data simultaneously and also the coverage of extensive areas quickly and efficiently, explains the CEO of Lasa Prospeces, representative of Xcalibur in Brazil, Henrique Duarte. He also comments a little on how this process works and the application gains that this type of technological innovation is able to provide to the development of the mining sector in Bahia.

Read the interview.
Director-president of Lasa Prospeces, representative of Xcalibur in Brazil, Henrique Duarte, explains how this type of technology works and the gains that the process can bring to mineral exploration in Bahia

Henrique Duarte, President Director of Lasa Prospeces, representative of Xcalibur in Brazil
What are the mineral opportunities in Bahia with application of the most recent aerogeophysical technologies, available in the market?
Henrique Duarte: The aerogeophysical methods can be used for the most diverse applications, from mining projects, even engineering, geotechnical, groundwater, environment, passing for projects of O&G and regional geological mapping.

In the case of the State of Bahia, due to its large territorial extension, the technologies are important not only for large scale regional mapping, but also to assist in the detection or even confirmation of metallic mineral targets, either through the (indirect) detection of physical parameters expected for a certain mineral occurrence, or indirectly through the interpretation of indicative geological structures that may indicate favorability to the occurrence of another prospect.

How does this technology end up adding competitiveness to the mining sector? What is the investment in its application?

Henrique Duarte: The use of aerogeophysics becomes interesting for many companies that need to investigate extensive areas of the subsoil that cannot be covered only by terrestrial analysis, since this would take a long time to be done and usually there are access restrictions that prevent homogeneous coverage throughout the area, such as: absence of roads, flooded areas, dangerous or endemic areas, restriction of access by landowners, for example.

Another advantage of aerial surveys is the possibility of collecting multiple geophysical data simultaneously, allowing different physical parameters of the subsoil to be obtained, and thus optimizing the geological knowledge of the region of interest.

After the delivery of the data obtained in the last aerial geophysical survey conducted by CBPM (Companhia Baiana de Pesquisa Mineral), in the North of the state, what did the study point out? What challenges were faced during the analysis process?

Henrique Duarte: The geophysical data collected are of excellent quality and resolution, allowing imaging of the geology in the research area as never before seen in this northern portion of the state of Bahia. Several themes and products were generated from the collected and processed data, such as: rock conductivity, decay constant, conductor source map, magnetic field, and a series of products derived from these.

These products show several structures, lithologies, geological contacts and conductor bodies that cannot be observed on the surface, and that will be essential to optimize the exploratory program conducted by CBPM in the region.

Bahia is now the best studied state geologically in the country
President of CBPM, Antonio Carlos Tramm reinforces the importance of using technology in mining as a competitive advantage for the development of the sector in the state

Antonio Carlos Tramm, President of CBPM
Bahia is increasingly conquering a position of relevance in the mining sector. According to Companhia Baiana de Pesquisa Mineral (CBPM), in the first semester of 2022, the mineral production of the state registered an increase of 26%, while the Brazilian suffered a fall of 9%, in comparison with the same period of 2021.

According to the president of CBPM, Antonio Carlos Tramm, the numbers only reinforce the importance of investment in new generation technologies to identify promising areas of new mineral deposits and, consequently, the expansion of the sectors activity. Without a doubt, these numbers were only possible thanks to the research work developed by CBPM over the last 50 years and that was essential to guarantee Bahia the position of the best geologically studied state in the country, he comments. Read more in the complete interview.

How does the sector see the use of high technology in mapping favorable areas for mining?
Antonio Carlos Tramm: The use of state-of-the-art technology is part of the whole mining process. Be it in the extraction process or in the research, the new technologies are of great importance to potentiate the sector in a more sustainable way.

The Aerogeophysical Survey conducted by CBPM is one more of the tools used to map our Bahia and identify promising areas for new mineral deposits.

What is the importance of this tool for mineral research?
Antonio Carlos Tramm: With the data obtained in this study, our technical team will analyze the data with the surface information that we already have in the region and, from there, define where we should continue mineral research.

And about the Campo Alegre de Lourdes region, why was it chosen to start this stage and what did the results indicate?

Antonio Carlos Tramm: Bahia already has all its territory covered by Regional Aerogeophysical Surveys. However, even being already totally covered by the magnetometric and gamma spectrometric methods, the company started a new detailed mapping, with application of the most recent aerogeophysical technologies, available in the market. The extension area for this new survey was chosen based on the mineral potentiality of the region and on the preliminary studies carried out by our geologists, who indicated the great mineral potential of the region and CBPM areas.

What is still a bottleneck for the mining sector in Bahia to develop and what are the challenges to overcome them?

Antonio Carlos Tramm: Logistics is one of the main problems we face. Currently the transportation to the ports of most of the mineral production in Bahia is done by trucks. Transportation by truck is expensive, time consuming, wears out the roads and pollutes much more than if it were transported by train. The states rail network is practically non-existent. The Centro-Atlantic Railroad (FCA) administered by the VLI the company that has had the concession for the railway for more than 25 years has abandoned most of the stretches that cut through our state. And now, after spending almost two years trying to get an early renewal, it wants to return the stretches that do not interest it (which includes the stretches in our state) and pay compensation to the federal government for the stretches returned. This resource would be applied in the construction of two or three stretches.

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