Announcement Date: 2022-02-14
Announcement Type: Drilling Results
Announcement Code: JORC
Company name: SensOre Ltd.
Project name: Balagundi
Location: Australia
Commodities: Gold
Highlight: Drilling results incl. 34m @ 0.54g/t Au from 96m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: SensOre Ltd (SensOre or the Company) (ASX: S3N) is pleased to announce results from first pass drilling at its Balagundi Joint Venture project near Kalgoorlie, Western Australia. The program aimed to verify historical workings and results and build a stratigraphic and geochemical fingerprint for a more substantial drill program in 2022. “First pass early drilling coupled with new geophysics has generated some exciting follow-up targets proximal to the extensive Balagundi nugget field. SensOre’s methodical approach to early drilling, acquisition of infill geophysics and multielement geochem is paying off with elevated gold in all holes drilled. It is the beginning of an exciting period of exploration at Balagundi,” commented CEO Richard Taylor. SensOre has developed proprietary AI-enhanced technology designed to advance the way companies integrate, interrogate and analyse geoscience data and increase the potential for mineral discovery. The Balagundi JV is one of the Company’s gold exploration projects in the Yilgarn Craton. SensOre applied its machine learning workflow for lithology classification resulting in a better understanding of the geology of the Balagundi goldfield, using advanced pathfinder analysis and other machine learning tools to build a comprehensive targeting dataset which will be applied in the next phase of drilling to test the predicted mineral system.
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