A Deep Dive profile provides ASX listed companies with an opportunity to tell their story in plain English.
SensOre is a mining exploration technology company focused on fast tracking the mines of tomorrow. SensOre believes that the combination of big data and artificial intelligence (AI) / machine learning (ML) will provide the next generation of exploration success for in-demand commodities in Australia and internationally.
SensOre is entering the market at an opportune time given the transition towards decarbonisation and the need for secure mineral supply chains amid geopolitical tensions. SensOre is well positioned to benefit from these global trends.
The generation and validation of AI-targets (machine learning enhanced deposit predictions) is at the core of SensOre's business with AI-target opportunities leveraged through its three business divisions:
Exploration Services, and
All of SensOre’s activities are focused on the same goal: monetising the knowledge generated from its technology assets by enhancing the pace, reliability, efficiency and success of exploration (whether that of the SensOre Group or SensOre’s clients).
SensOre’s proprietary technology delivers an opportunity pipeline that could deliver material value upside with the success of any of its exploration projects
Growth from client services revenue and potential for accelerated expansion given the size of the potential client base
Technology is at the core of SensOre's business, with ongoing evolution and a fast track to commercialisation via the development of a cloud-based SaaS platform.
Robert is a founding Principal of peckvonhartel architects with 50 years’ experience in the architectural, development and infrastructure sectors, and the building industry nationally and in South East Asia. He is former President of the Australian Association of Consulting Architects, founding director of Japara Healthcare, former Chair of iVvy and director of the RVF Group.
Richard has held senior executive roles in the resource sector for more than 15 years. Prior to SensOre, he was CEO of ASX-listed Terramin Australia Ltd and held senior roles with Mineral Deposits Limited, PanAust, MMG Ltd and Oxiana Ltd specialising in business development, strategy and governance. Richard is a qualified lawyer. He holds an MBA from the University of Cambridge and a Master degree in Law from ANU.
Robbie has +30 years of experience in gold and copper exploration from greenfield to mining environment. He was former Chief Geologist and VP Exploration Australia Africa Asia Pacific region with Barrick Gold Corporation. He is an UNCOVER executive and from 2014 to 2019 was an independent consultant to the mining industry, government and academia. Robbie is responsible for the acquisition of new data sources and for managing execution of field exploration programs for technology validation.
Adrian is a senior business executive with 30 years’ minerals industry experience, including 20 years in executive roles with BHP. He has founded and successfully commercialised private Australian, Chilean and Peruvian mineral exploration companies, including investment financing and joint ventures with majors. He was a founding board member of the Australia Colombia Business Council and is the Chairman of recently Canadian Securities Exchange listed Pampa Metals.
Anthony is Chief Development Officer of recently Nasdaq-listed The Metals Company and has over 30 years’ experience in mineral exploration, technology and project development. He is a former BHP Global Exploration Leadership team member and has been involved in multiple start-ups including QPX Exploration, focused on deploying artificial intelligence and machine learning to improving mineral exploration outcomes.
Nic has overseen various ASX listed mining and exploration companies as managing director, executive chairman and non-executive chairman. Those companies were mainly in the gold, mineral sands and oil & gas industries, operating in Australia and internationally. Nic is a professionally qualified geoscientist, has developed significant leadership, financial and negotiating skills, and has extensive risk oversight, governance and management expertise.
SensOre has interests in a number of projects located in the Kalgoorlie region, including the Maynards Dam farm-in project, the Balagundi and Central Balagundi farm-in projects and Providence Bore.
The Desdemona North project is located 230km north of Kalgoorlie and consists of five exploration licences granted to farm-in partner Kin West WA Pty Ltd.
The projects comprising Greater Tea Well are located in the Meekatharra-Wydgee greenstone belt in the north of the Murchison domain of the Youanmi Terrane of the Yilgarn Craton 650km northeast of Perth and 7km southeast of the 6.9Moz Meekatharra Gold Operations.
SensOre’s Mt Magnet project is located 560km north-northeast of Perth and 20km north of the 7.8Moz Mount Magnet gold centre (operated by Ramelius Resources Ltd) in the Murchison Region of the Yilgarn Craton in Western Australia.
The first of the SensOre Group’s next generation battery and critical minerals targets is the Moonera prospect.
Located 40km north of the Eyre Highway between Cocklebiddy and Madura on the Nullarbor Plain of Western Australia, the Moonera prospect is a large (7x5km), dense and magnetic body. The DPT system confirmed previous interpretations of gravity and magnetic surveys and has predicted a concealed target. Models for a zoned and potentially mineralised intrusive body include a carbonatite with characteristics similar to Phalaborwa (South Africa), Elk Creek (Nebraska), and Mount Weld (Western Australia).
Developed by explorers for explorers, SensOre’s products and services are designed to advance the way companies integrate, interrogate and analyse geoscience data.
SensOre offers a range of services to mining and exploration industry clients as well as resource investment clients. Services include:
Drill site optimisation
An AI-Target generation and validation technology that uses Data Cube to make predictions regarding the location, size (i.e. endowment), grade (i.e. average ore concentration) and depth (i.e. metres to top and base of each deposit) of a given deposit.
Managed by SensOre, the SensOre Discoveries Database is an evolving repository of publicly available mineral deposits and occurrences data. This proprietary deposit database is a competitive advantage and a key part of predictive targeting in both prospectivity mapping and DPT.
A multidimensional repository of cleaned and levelled geoscience data. The Data Cube continues to expand as additional public and proprietary geochemical, geophysical and geological data is acquired by SensOre. The Data Cube contains over 2,500 data layers and +24 billion discrete data points.
The Archean Gold Lode Alteration Detection System (AGLADS®) is a machine learning system designed to identify alteration of various types (i.e. host, distal, proximal, ore) enveloping gold lode systems found in the Archean of Western Australia. AGLADS® is used as a geochemical ‘Vector to Gold Ore’ during routine exploration and evaluation work performed by SensOre, including the evaluation of drilling data.
igRock is a prototype rock-type classification system based on igneous rock type identification using multi-element geochemical assay data. The system is designed to identify igneous rocks predicted to be associated with, or host to, mineralisation that is of interest to SensOre and its clients.
Using multielement, geological and mineralogical data, iDeposit is an ore deposit type classification system derived from the geochemical signature of different deposit types.
iFertile is a geochemistry-based gold fertility prediction system designed to predict the total contained gold in a potential target from the data contained in a mineralised intersection.
Non-executive Director of S3N
Non-executive Director of S3N
Non-executive Director of S3N
SensOre completed its IPO raising in February 2022. Funds will be applied to advance the exploration and evaluation of assets as well as to further the Company’s proprietary technology offering.