Scottish geophysical surveying company Adrok plans to establish its business in Australia next year to offer services to exploration companies.
The company's Atomic Dielectric Resonance (ADR) technology locates, identifies and maps subsurface natural resources using radio waves and microwaves.
The ADR scanner is designed to assist exploration and production firms to identify prospective resource deposits for drilling.
According to Adrok, this "virtual borehole" technology enables mining companies to save on costs as well as time and offers a greener alternative to traditional drilling methods.
ADR uses spectroscopy to measure the wavelengths and identify the rock type under the surface, unlike other 3D seismic technologies.
Adrok managing director Gordon Stove said that ADR will be a positive addition to exploration projects in Australia, particularly for companies seeking technologies that reduce time and costs.
"Australia is one of the largest mineral producers in the world and there is still plenty of potential for the industry to continue to grow. Whilst some might see doing business in Australia as a risk due to rising costs, we see it as an opportunity to build on the potential and offer the industry a cheaper and faster exploration alternative.
"Technology offers new and improved ways to work efficiently and 'virtual drilling' is a proven mapping solution which could save thousands of hours and dollars," Stove said.