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MInInG seRVIces

Sensing the moment

ining and resources IPOs have been building a new drug.”
Mpopular on the ASX and the trend has SenseOre aims to be the global leader
extended to houses servicing the sector. in minerals targeting through AI machine
The likes of DDH1 Drilling Ltd success- learning with the small team boasting
fully listed earlier this year, while “compre- some of the brightest PhD accredited geo-
hensive supply chain solutions” outfit MLG chemists in Australia. Richard Taylor
Oz Ltd hit the bourse in May after a $70 “All of our people have geology and
million IPO. data science skills. It’s really all about min-
Also looking to join the party in 2021, al- ing people training and enhancing those discrete cell level, creating a unique simul-
though a little more humbly, is SenseOre skills because they know the data the taneous one-step process using all data to
Ltd. best. These days the companies that we generate drill-ready targets.
“We are pushing the boundaries of what are working with are either hiring people SensOre Yilgarn Ventures Pty Ltd, Pil-
you can do with geoscience data,” Sen- skilled in an area of data science or tech bara Exploration Ventures Pty Ltd and
seOre chief executive Richard Taylor told people are bringing on people with data Yilgarn Exploration Ventures – Senseore
Paydirt recently. science skills,” Taylor said. 60% and DGO Gold Ltd 40% – have been
Taylor said SenseOre was bringing the The company also works alongside the set up as exploration subsidiaries in an
“best brains” in Australia together to work minerals division at CSIRO to enhance the effort to commercialise findings, while in
on ways of doing exploration differently process of discovery in a modern world, March, BHP Ltd approved Phase 3 of the
through AI machine learning technologies. as SenseOre works towards bringing all of the joint targeting agreement (JTA) with
Currently, there are no other mining of Australia’s geological data into one plat- SenseOre.
technology companies on the ASX build- form. Taylor said the relationship with BHP
ing capabilities to match SenseOre and “We really want to expand and the more was extremely important, with the blue-
Taylor hopes the company will be reward- data we have the better this performs,” chip miner throwing its support behind for
ed for its unique offerings. Taylor said. innovation in exploration.
“There is not a deep pool of funds for Currently, SenseOre states its com- The SenseOre/BHP JTA is designed
mining technology and people that invest petitive advantage as being its data cube around a phased process training the DPT
in us are mining people who understand which combines in excess of 2,500 layers technology on commodity-specific deposit
technology. There is a lot of pressure from of data, cleaned and integrated, combined types and applying the knowledge gained
Australia to move offshore to start-up and into a predictive model that can move in to a predetermined search space.
there is a lot of overseas interest,” Taylor one pass from the regional scale to drill SensOre stands to benefit from fees for
said. target. the targeting exercise and potential suc-
“The investors are mainly coming from Meanwhile, SenseOre’s proprietary cess-based payments on certain discov-
pharmaceuticals and health care because DPT® technology combined with data eries from the technology.
they understand making a discovery is like cube allows discovery to be focused at a – Mark Andrews

A big data approach used by SenseOre could
change the future of mineral exploration

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