AI-powered exploration tech experts SensOre craft new tool to inspect old geochemical data
SensOre now has the tech to find lithium, gold, and key base metals with AI
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KEY POINTS
- SensOre’s new machine learning based exploration product, iChromium, uses the presence of chromium to detect battery metals
- Software demonstrated encouraging results as the software was let loose on old geochemical data for diamond and nickel
- SensOre says the software can be used to rapidly assess vast quantities of historical exploration data with superior efficiency
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.)
It’s all about chromium
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.
Copper on SensOre’s radar
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.
Exploration needn’t get more remote
“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.”
A quick glance at SensOre's six month charts
Disclaimer: Market Index helps small-cap ASX listed companies connect with Australian investors through clear and concise articles on key developments. SensOre was a client at the time of publishing. All coverage contains factual information only and should not be interpreted as an opinion or financial advice.
