SensOre delighted with Firetail Resources farm-in
Melbourne, Victoria
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November 08, 2023 01:15 PM Eastern Standard Time
SensOre Ltd (ASX:S3N) CEO Richard Taylor tells Proactive the company has signed another exploration deal, this time in the form of a farm-in agreement with Firetail Resources Ltd to accelerate lithium exploration at the Yalgoo Lithium Project in Western Australia. SensOre’s joint-venture subsidiary Exploration Ventures AI Pty – formed in partnership with German resource investment group Deutsche Rohstoff AG – now has the option to earn up to 80% of lithium rights on tenement E59/E2252 by spending $3.5 million in two stages. SensOre will provide Firetail access to its proprietary AI technology across the Yalgoo and Dalgaranga Lithium Project, which has already identified lithium-caesium-tantalum (LCT) pegmatite prospectivity.
“We are delighted to have the opportunity to collaborate with Firetail in this LCT-prospective region, where the FTL team has made great progress with their exploration so far,” Taylor said.
“We are excited to see the value that SensOre will be able to bring with our proprietary AI technology in exploring the wider Yalgoo and Dalgaranga Project area.”
Contact Details
Jonathan Jackson
+61 413 713 744
