SensOre Ltd (ASX:S3N) CEO Richard Taylor tells Proactive the use of its clever AI technology along with reconnaissance mapping and sampling has identified a new pegmatite field within the Abbotts Greenstone Belt sequence at the Abbotts North Project in WA. Lithium mineralisation within the Buttamiah Prospect has been confirmed with rock chip samples reporting encouraging assays up to 1.25% lithium. He says the pegmatite field remains open to the north and under cover.
Taylor said: "SensOre and Deutsche Rohstoff are excited by EXAI’s success at Buttamiah.
“We are encouraged to see a new lithium discovery in a district with no previous lithium identified.
“In a market where prospective lithium projects attract a significant premium, EXAI has moved on to an area where conventional targeting has overlooked the prospectivity, despite the presence of previously mapped pegmatites.
“On the back of success on this and other projects, SensOre and Deutsche Rohstoff are exploring options for the EXAI portfolio using SensOre’s proprietary artificial intelligence-driven targeting tools.”
Contact Details
Proactive Investors
Jonathan Jackson
+61 413 713 744
jonathan@proactiveinvestors.com
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Premier1 Lithium Limited, formerly SensOre Ltd., is an Australia-based company, which combines its geoscience platform and its proprietary target generation and validation technology with its geosciences expertise to discover viable mineral deposits and at pace for clients and for itself. The Company operates through four segments: Technology, Exploration, Intrepid and Corporate. It invests in the continuous improvement of its technology and IP assets, including DPT, Data Cube, Geomodeller, Cauchy Downward Continuation (CDC), 2.5D AEM, AGLADS, iFertile, iDeposit and the SensOre Discoveries Database. It has a tenement portfolio of wholly owned and joint ventured tenement assets in Western Australia that it conducts exploration and evaluation activities on. It has acquired Intrepid, a provider of geophysics software and services, which distributes and resells globally. Its Corporate segment includes corporate related salaries and oncosts, administration, marketing, and compliance costs.