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April 27, 2022
SensOre (ASX: S3N) aims to become the top performing global minerals targeting company through deployment of big data, artificial intelligence (AI)/machine learning technologies and geoscience expertise. AI-targets are leveraged through SensOre’s three business divisions: Technology, Services & Exploration.
KEY POINTS
- Major technology platform development project commenced in partnership with CGI and Intrepid Geophysics to unlock value from SensOre’s Data Cube and increase client engagements
- Client engagement milestones reached:
- South Australia prospectivity mapping advanced towards completion (clients: Barton Gold, Hillgrove Resources, Argonaut Resources and Aroha Ltd)
- Barton Gold commissioned for gold and copper DPT® in South Australia
- Deutsche Rohstoff AG joint-venture for lithium exploration
- BHP third and final iteration of nickel joint targeting agreement delivered
- Multiple exploration campaigns commenced at SensOre’s WA projects:
- Mt Magnet North - diamond drilling completed, successfully identifying interpreted mineralised zone at depth, assays expected in late-April
- Balagundi – results confirmed gold anomalism across large sections of the test area
- Boodanoo – first-pass air core drilling completed, assays expected in Q2 CY22
- IPO completed, raising ~$7.5million (before costs) with ASX trading commencing 11 February 2022