SensOre enters deal to option its Leonora assets
Melbourne, Victoria
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November 02, 2023 02:00 PM Eastern Daylight Time
SensOre Ltd (ASX:S3N) executive director and CEO Richard Taylor tells Proactive the company has optioned its Leonora AI assets to Red Wolf Resources — in line with SensOre’s strategy to commercialise AI targets derived from its proprietary assets. The option agreement provides Red Wolf with a strategic land package near the Genesi-owned Gwalia operations and SensOre’s AI targeting shows there is more to be discovered in the highly prospective area.
SensOre CEO, Richard Taylor, said “The option agreement provides Red Wolf with a strategic land package near the Genesis owned Gwalia operations. Our AI targeting shows there is more to be discovered in this highly prospective area. The agreement monetises SensOre’s targets following our project generator model.”
SensOre aims to become the top performing minerals targeting company in the world through the deployment of AI and machine learning (ML) technologies, specifically its Discriminant Predictive Targeting® (DPT®) workflow. SensOre collects all available geological information in a terrane and places it in a multidimensional hypercube or data cube. SensOre’s big data approach allows DPT predictive analytics to accurately predict known endowment and generate targets for further discovery.
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