📉 Nikkei is down nearly 5% -> here are 43 recession-proof Japanese stocks from our screenerUnlock Now

SensOre tests “potentially ground-breaking” airborne geophysical survey technique to identify lithium in NSW

Published 30/05/2023, 12:26 pm
SensOre tests “potentially ground-breaking” airborne geophysical survey technique to identify lithium in NSW

SensOre Ltd (ASX:S3N) has completed 2,147 line-kilometres high-resolution, low-level airborne magnetic and radiometric surveying at Stelar Metals Ltd (ASX:SLB)’s Lithium Trident Project in New South Wales.

The co-funded geophysical survey is a collaboration between SensOre and Stelar and is designed to pilot test SensOre’s new potentially ground-breaking techniques for the direct detection of candidate caesium signatures of potential LCT-bearing pegmatites.

An important part of the program is taking data and knowledge from Western Australia and directly applying it at continent-scale to New South Wales.

“Potential to increase lithium resources in Australia”

SensOre CEO Richard Taylor said: "We are reviewing the data and looking forward to the results.

“Lithium direct detection techniques are less developed than for other metals due to a combination of factors.

“Expanding the exploration toolkit to accelerate new discoveries has the potential to increase lithium resources in Australia and contribute to lower battery prices in the future."

Example of SensOre’s lithium prospectivity mapping at Kathleen Valley region, WA.

Stelar has previously identified multiple pegmatite swarms along ~15 kilometres of prospective strike length where tin and tantalum have been exploited for over 140 years.

Mapped individual pegmatites, confirmed as lithium-rich LCT-type fractionated pegmatites in the area, measure over 1 kilometre in length and up to 100 metres in width.

Rock chip sampling from multiple historical mines in the area has further confirmed the potential for high-grade lithium-bearing pegmatites of the project.

The survey was completed on 28 May and is expected to be followed up with a ground campaign as part of further geological and geochemical studies as SensOre looks to harness its advanced AI – Machine Learning (AI ML) technology approach to assist accelerated minerals exploration programs.

Using AI ML transfer of knowledge across Australia to realise lithium potential in NSW.

Read more on Proactive Investors AU

Disclaimer

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.