Tag Archives: Unico

Unico to help further commercialise SensOre’s mining exploration technology platform

SensOre Ltd has executed an agreement with Unico, now part of global IT and business consulting firm CGI, to collaborate on the commercialisation of SensOre’s mining exploration technology platform.

The project represents an opportunity to expand SensOre’s current client services to a cloud-based SaaS (software as a service) product, it said.

SensOre’s technology was created to improve exploration success rates and performance, leveraging artificial intelligence and machine-learning technologies, specifically its Discriminant Predictive Targeting® (DPT®) workflow. SensOre collects all available geological information in a terrane and places it in a multi-dimensional hypercube or Data Cube, with its big-data approach allowing DPT predictive analytics to accurately predict known endowment and generate targets for further discovery, it says.

The contract with Unico is an important step in SensOre’s technology development roadmap, it said. It is envisaged that development and deployment of the proprietary platform will open the door to scale the company’s products and expand SensOre’s capacity to service mineral exploration companies in Australia and overseas, while reducing the company’s unit cost per engagement.

The project will involve using SensOre’s AI-driven technology to create a digital twin of the Earth’s surface, enhancing the way exploration companies identify and analyse mineral exploration targets, SensOre says.

SensOre Chief Executive Officer, Richard Taylor, said: “Our background is creating and deploying technology and software that generates exploration targets using AI. While we have previously focused on Western Australia, a key objective of the Unico partnership is to enhance the pace of our data expansion across the globe.

“This project is a massive opportunity to use our technology to build a model that we believe will be in demand from mining exploration companies around the world. We are excited about the prospect of a global relationship with CGI to help expand our technology offerings into new markets.”

Unico’s Director of Innovation, Evan Harridge, said: “Imagine being able to analyse an MRI scan of the Earth. SensOre’s AI-driven analysis tools will be able to see what is underground in great detail, similar to how medical imaging technology can accurately see inside the human body. This technology would enable exploration to be more targeted and limit the overall environmental impact.”