Firetail brings on board AI in hunt for battery minerals
Australian battery minerals explorer Firetail Resources has completed a farm-in agreement with SensOre, through its joint venture subsidiary Exploration Ventures AI (EXAI), to hunt for lithium at the Yalgoo project, in Western Australia.
EXAI could earn up to 80% of the lithium rights on tenement E59/E2252 by spending A$3.5-million in two stages. Additional considerations of up to A$600 000 will be due on the delivery of a maiden mineral resource estimate and prefeasibility study.
Under the terms of the agreement, SensOre will provide Firetail access to its proprietary AI technology across the Yalgoo and Dalgaranga lithium projects.
SensSore has identified lithium/caesium/tantalum mineralisation with the use of its technology. The partners will now work together to confirm lithium exploration targets in the region.
"The approach and subsequent deal with SensOre, validates our understanding of the region and the potential for a lithium discovery in this region. The agreement with SensOre enables the FTL team to continue to concentrate efforts on the current targets identified, whilst simultaneously unlocking the potential of the other tenements in the region,” said executive chairperson Brett Grovenor.
Further, Firetail has an initial drill programme under way at the Picha copper project, in Peru.
Comments
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation