Mineral data mining company SensOre Ltd has entered into an exclusivity agreement with Deutsche Rohstoff AG for the joint exploration of lithium AI-targets in Western Australia.
These negotiations come on the back of results from SensOre’s first lithium targeting runs, which were completed in December 2021.
Deutsche Rohstoff, a company headquartered and listed in Germany, is focused on investment in attractive natural resources projects across North America, Australia and Europe.
About SensOre
SensOre is positioning itself as the top-performing minerals targeting company in the world. It deploys artificial intelligence and machine learning (ML) technologies, including its registered Discriminant Predictive Targeting (DPT) workflow, to enhance the knowledge of mineral targets.
SensOre collects all available geological information – such as geophysics, surface geochemical, drilling and geological layers and derivatives – on an area and puts it in a multidimensional hypercube or data cube.
This big data approach allows DPT predictive analytics to accurately predict known endowment and generate targets for further discovery.
The company has built a tenement portfolio of highly prospective, wholly-owned and joint ventured technology metals tenement packages for Western Australia.
As the capacity of SensOre’s AI technologies expands to new terrains and a broader range of commodities, it hopes to continue to expand into new regions by identifying and acquiring targets in Australia and around the world.