Materials

SensOre’s AI tech does it again with another gold detection confirmed to hit mineralisation

Thu 17 Nov 22, 11:08am (AEST)
Close-up detail of gold mineralisation in pyrate type rocks at an unknown location
Source: iStock

Key Points

  • The ability of SensOre’s AI-powered predictive geological exploration software has been proven once again today with new gold hits
  • Follow up drilling will be carried out at the company’s 100% owned Boodanoo project next year, where today’s successful find comes from
  • Company is awaiting further test results on another 50 aircore samples

SensOre (ASX:S3N), a company which is part-explorer and part-exploration-software-developer, has further shored up confidence in its Artificial Intelligence (AI) powered exploration acumen with its in-house tech successfully detecting gold in an unexplored region. 

The software interpreted a gold target being located there based on the automated interpretation of geological data without human assistance. 

SensOre’s technology has confirmed yet again it is capable of operating on its own accord towards potentially commercial successful outcomes. 

SensOre ran through its software the relevant geodata attached to its 100% owned Boodanoo project in WA,  and once the company had a hit, it turned the aircore drill rigs loose on-site. 

More drilling in 2023

The drill run was a short one, designed ultimately to test the accuracy of the software’s conclusions with regards to exploration potential. Two drillholes are today addressed in reported sampling; 35 air core holes were perforated in total.

Drilling returned the following results. Note investor information provider Undervalued Equity classifies high-grade gold as that in concentrations above 5 grams of gold per tonne of ore (5g/t). 

  • 01m @ 1.19g/t gold from 18m depth 

  • 01m @ 0.22g/t gold from 39m depth  

While today’s results do not underpin a high-grade discovery at Boodanoo, they do not need to. 

SensOre’s AI tech has been proven, once again, to be a successful machine learning product. 

As for scope of mineralisation and grade, follow-up drilling will be carried out on the target in 2023. 

Machine learning demonstrating as such

Back in September, SensOre successfully geared its software to detect a lithium exploration target for the first time; and seeing the tech able to detect other battery metals is an ongoing deliverable on the company’s scoresheet. 

“Whilst the drilling results are at an early stage, the newly identified gold mineralisation is in an area not recognised for gold potential or previously drilled,” SensOre CEO Richard Taylor said. 

“This discovery is validation of SensOre’s predictive approach and is highly encouraging, indicating potential for an economic mineral system.”

“The results demonstrate how a staged, methodical exploration program augmented by SensOre’s AI tools can be used in combination to assess, de-risk and advance exploration projects.” 

SensOre's three month charts
SensOre's three 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.

 

Written By

Jonathon Davidson

Finance Writer

Jonathon is a journalism graduate and avid market watcher with exposure to governance, NGO and mining environments. He was most recently hired as an oil and gas specialist for a trade publication.

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