Exploration funnel
We have developed a standardized exploration process for managing exploration portfolios.
Stage 0 - AI Analysis (cloud computing and geology review)
Product: AI target.
Criteria: High probability AI target in a fertile geological setting
Stage 1 - Field testing (geology field trip to test predicted sites)
Product: Metal prospect.
Criteria: Geochemistry anomaly, Ore-related mineralogy.
Stage 2 - Geological assessment (geology mapping field trip)
Product: Drill-ready exploration project.
Criteria: 1-2 hypotheses for ore body location & genesis, Potential for economically viable ore body.
Stage 3 - Locating the ore body (3 diamond drill-holes)
Product: Located ore body.
Criteria: Ore grade >0.5% CuEq & indicative alteration, Intersection thickness is > 30 meters, Reasonable potential for > 500 Million tonnes at depth of < 500 meters.
Stage 4 - Evaluating the economic potential (4 diamond drill-holes)
Product: Ore body with high potential.
Criteria: Ore grade >1% CuEq, Intersection thickness is > 30 meters, Reasonable evidence to assume the potential for > 500 Million tonnes at depth of < 500 metres.
Our Technology and lean processes allow us to complete drilling projects at much lower cost than standard contractors.
In addition to being 50% cheaper, EARTH AI does not require tracks or sump building, making mobilisation of bulldozers unnecessary, lowering the downtime and environmental impact of our projects.