New mineral prospects confirmed by predictive AI technology

On-the-ground verification efforts have confirmed six new mineralised prospects in Australia.

These discoveries affirm Earth AI's ability to identify and locate mineralisation across different geological formations.

The prospects include tin, tungsten, molybdenum and silver mineralisation at the Kooranjie Project (Kooranjie), as well as cobalt, coppe, and gold prospects at the Elkedra Project (Elkedra).

The Kooranjie discovery used AI targets generated from Earth AI's proprietary AI software. The first-pass surface exploration discovered high-grade samples with laboratory results confirming concentrations of up to 0.26% tungsten, 23.6 ppm silver, 0.052% molybdenum and 0.044% tin.

Additionally, enriched samples contain topaz, fluorite and elevated concentrations of lithium within the broader mineralised system at Kooranjie, which provides a deeper understanding of the overall mineralisation processes in the area.

Earth AI will conduct further reconnaissance using its software and field geoscience to determine the footprint of the polymetallic targets to develop a hypothesis of appropriate geologic models for a preliminary drilling plan, which is planned to commence in May 2025.

The project sits within the Cobar Basin, an area known to have tin mineralisation, collectively known as the Wagga Tin Belt. To the east of the tenement lies the Gilmore Fault Zone (GFZ), which includes several proven Cobar-style Cu-Au-Ag deposits. The presence of high concentrations of these metals suggests a complex ore deposit system, potentially involving multiple overlapping events.

At Elkedra, three new prospects with up to 0.39% cobalt, 1.39% copper and 0.685 g/t gold were confirmed. The project sits within the Davenport Provence of the Tennent Region, and comprises a series of folded metaclastics, mafic and felsic volcanics, and granitic units from the Paleoproterozoic overlain by Cambrian Georgina Basin sediments. These units hold potential for Tennent Creek-style deposits and sediment-hosted copper mineralisation.

Earth AI will map the extent of mineralisation and develop a geologic model controlling the deposit.

At the conclusion of future field studies, the company will design a drill campaign to test its deposit model.