EARTH SEARCH SCIENCES INC
8-K, 1997-06-20
FINANCE SERVICES
Previous: EXCELSIOR FUNDS INC, DEFA14A, 1997-06-20
Next: OLYMPUS CAPITAL CORP, 10-Q, 1997-06-20






                       SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549


                                    FORM 8-K

                CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF

                     THE SECURITIES AND EXCHANGE ACT OF 1934

               Date  of  report  (date  of  earliest event reported):
                                JUNE 19, 1997


                           EARTH SEARCH SCIENCES, INC.
             (Exact name of registrant as specified in its charter)



      State of Utah                 0-19566                      87-0437723
(State of Incorporation)          (Commission                 (I.R.S. Employer
                                     File No.)              Identification No.)



502 North 3rd Street, Suite #8, McCall, Idaho                      83638
(Address of principal executive offices)                        (Zip code)


               Registrant's telephone number, including area code:
                                 (208) 634-7080


                                    No Change
          (Former Name or Former Address, if changed since last report)


<PAGE>
Item 5.  OTHER EVENTS.


EARTH SEARCH'S BREAKTHROUGH AERIAL IMAGING INSTRUMENT JOINS
     U.S. GOVERNMENT MISSION TO FORMER SOVIET TEST SITE

         Earth Search Sciences, Inc. [EDIS:OTC] has deployed its newly developed
Probe-1 hyperspectral imaging instrument on a Department of Energy sponsored 
scientific mission to Kazakstan, U.S. and company officials said today.

         Kazakstan is a central  Asian  country that was once part of the Soviet
Union.  The Kazakstan  mission's  objective is to help scientists in the onetime
Soviet republic by providing data and training in "imagery analysis" of economic
and environmental targets. 

          At the same time, the work will deliver a dividend of information 
about mineral deposits in an extensive  tract of the Asian nation known as the 
Polygon.  Earth Search  Sciences is part of a consortium  that has licenses to
develop a percentage of the region's mineral concessions.

         Hyperspectral  imaging  creates  ultra  high-resolution  images  of the
earth's  surface.  Analysis of these images can determine the presence of target
minerals in geologic formations or evidence of stress in live vegetation.  

          Earth Search Sciences' Probe-1 instrument, a centerpiece technology on
the mission, is a state-of-the-art  airborne sensor capable of gathering  
information from light reflections from 128 bands of the visible and short-wave
infrared spectrums and from two broadband reflections.

         Probe-1 provides resolution that enables  identification of key mineral
features on land.  Other  important  features  of the Probe-1  include its broad
swath  width,  low noise  characteristics  and image  quality  that is a quantum
advancement from any remote imaging instrument developed yet.

         Probe-1  technology is expected to  revolutionize  mineral  exploration
worldwide,  said Larry Vance, founder and chairman of Earth Search Sciences. The
Earth Search Probe-1 is miniaturized and significantly  more economical than the
U. S. government's  unclassified  versions of hyperspectral  imaging technology.
Earth  Search's  instrument,  at less than 200 pounds,  can be mounted on remote
platforms such as small civilian aircraft.

         "This exciting technology is now fully developed, and Probe-1 is on 
assignment,"Vance said.  "The applications of the Probe-1 technology are vast,
but nowhere are they as great as in the mining exploration and environmental
arenas."

         Applied Signal and Image  Technology,  Inc.,  (ASIT),  of Millersville,
Maryland, has developed the ProspectreTM hyperspectral data processing system in
partnership  with  Earth  Search to help the  company  deliver  complete  system
solutions to its clients,  Vance said. The ProspectreTM  software  delivers near
real-time data analysis.

         The ProspectreTM  system is being employed to reduce the huge volume of
data  obtained  on the  Kazakstan  mission  and will  provide  a fast,  accurate
indication  of high  potential  areas of  mineralization  that  require  further
exploration.

         Over  Kazakstan,  the Probe-1 sensor will fly aboard the Naval Research
Laboratory's  P-3 aircraft.  Data collected by Probe-1 and other instrument will
then be jointly  analyzed by  scientists  from the  Department  of Energy Nevada
Remote Sensing Laboratory; Battelle Pacific Northwest National Laboratory; Naval
Research Laboratory;  Sandia National Laboratory; Earth Search Sciences; Applied
Signal and Image Technology, and Integrated Spectronics Pty. Ltd.

         "With  our  initial  data  collection,  we  are  already  demonstrating
Probe-l's  ability  to pick  up  distinctive  signatures  from  minerals  in the
environment,"  said Dr.  John Peel,  chief  executive  officer  of Earth  Search
Sciences.  "It is our  ability  to detect  these  specific  signatures  with our
proprietary  sensor and  software  that sets us apart.  We now have the tools to
identify the characteristic  minerals that we and our clients are searching for,
and that gives us a unique position in the marketplace."

         As part of an agreement  with the Kazakstani  government,  Earth Search
Sciences is part ofa consortium that has licenses to develop a percentage of the
region's mineral concession.  The Republic of Kazakstan is believed to be one of
the world's three largest gold producers.

         The Probe-1 was developed by Earth Search  Sciences under a proprietary
contract  by  Integrated  Spectronics  Pty.  Ltd.,  of  Sydney,  Australia,  and
Commonwealth   Scientific  and  Industrial  Research  Organization  (CSIRO),  of
Melbourne, Australia.

         The applications of Earth Search's technology are extensive and include
exploration for precious metals and other minerals; exploration for hydrocarbons
such as oil and coal; decision-making on land use and development; environmental
assessment, and many other critical matters.

         In its early stage of development,  Earth Search Sciences "cost-shared"
hyperspectral  image  collections  using  NASA/JPL's  AVIRIS  instrument.  These
generic,  non-proprietary  data collections set the stage for the development of
the Probe-1 instrument by providing proof of principle images to ESSI during the
company's  decision-making  process. Earth Search determined to proceed with its
own  proprietary,  privately-funded  instrument,  Probe-1.  Earth Search  gained
access to NASA/JPL's  AVIRIS  technology  by  participating  in NASA's  Visiting
Investigator  Program (VIP),  available to companies  that  submitted  qualified
scientific  projects  of merit to the  agency,  and  through  NASA's  Space  Act
Agreement program.

         Prior to Probe-l's  development,  the most precise hyperspectral images
have  identified the molecular  content of locations on the ground that are some
20 meters apart. With ESSI's Probe-1 mounted in an airplane or on another remote
platform,  the calibrated  data-measuring process is significantly more precise,
processing ground data that is five meters apart.



                                    SIGNATURE

         Pursuant to the  requirements  of the  Securities  and  Exchange Act of
1934,  the  registrant has duly caused this report to be signed on its behalf by
the undersigned duly authorized.


                                        EARTH SEARCH SCIENCES, INC.


                                        By /s/ Larry F. Vance
                                        Larry F. Vance
                                        Chairman and Director


June 19, 1997


© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission