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SensOre to start maiden drilling program in WA goldfields

SensOre to start maiden drilling program in WA goldfields

SensOre Ltd (ASX:S3N)’s Richard Taylor offers Proactive’s Elisha Newell his insight into the company’s upcoming maiden gold drilling at Maynards Dam and Marloo in the WA goldfields. The SensOre CEO explains how the company has used its disruptive AI technology to identify two targets in the north of the Maynards Dam project area, along with more targets in the south along strike from recent discoveries by Torque Metals. Up to 5,500 metres of aircore drilling at Maynards Dam and Marloo based on historical results, gravity geophysics and new surface geochemical samples is now planned. Drilling at Maynard will be done with partners Jindalee Resources and Torque Metals. The projects are part of a pipeline of greenfields targets in SensOre’s arsenal. SensOre can earn a 70% interest in the Maynards Dam tenement, which it holds with Jindalee. It can earn 51% by spending $3 million within three years, exclusive of permitting and land access, and 19% by delivering a preliminary feasibility study (PFS). Torque can buy back 10% by paying $500,000 to SensOre within 60 days of completion of the PFS.

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