Machine learning-based exploration tech player SensOre (ASX:S3N) has revealed its latest offering: iChromite, a software capable of quickly assessing large volumes of old (and new) geochemical data to rapidly identify promising leads.
Using artificial intelligence and machine learning tech, SensOre says iChromite is a huge opportunity in the face of high volumes of legacy data from industry and governments.
The software has so far been run on diamond and nickel geochemical data “with encouraging results,” and the team is now tweaking the product to let it loose on porphyry indicator minerals (non-precious minerals typically found with copper.)
iChromium is cleverly designed to use the presence of chromium itself (a superior mineral in terms of endurance to weathering over geological time) to identify geochemical targets with a high-likelihood to host other commercial minerals.
In short, chromite can be analysed to “trace” its history, and with a great deal of applied geological and metallurgical knowledge, the mineral can basically be used as an indicator of precious metals being nearby.
Chromium is particularly useful in finding diamonds, nickel, copper, cobalt, and iron ore.
SensOre has its eyes fixed specifically on “the vast quantity of legacy industry chromite geochemical databases collected from across Australia and the world.”
Back in September, a separate AI product in SensOre’s overall suite was used to successfully detect lithium. The company also has tech to autonomously detect gold.
Consider GeoScience Australia’s historical exploration campaigns in the red outback as far back as the 70’s, and the data still sitting in archives (and on servers) collecting dust.
This is what SensOre believes iChromite should be let loose on, to find things that others have missed.
SensOre will continue to develop the product to refine its nose for copper, and proceed with marketing to sales.
“As mineral exploration increasingly focuses on a new generation of targets to deliver mines of the future required to meet the world’s increasing demand for critical minerals, the industry is moving into more remote projects and deeper targets,” SensOre chief Richard Taylor said.
“Consequently, this shift has brought back into focus the role of resistate mineral geochemistry in early-stage exploration programs.”
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