31
Thu, Jul
598 New Articles

Botswana Diamonds secures licences with AI exploration

Botswana Diamonds secures licences with AI exploration

Finance News
Typography
  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times
Botswana Diamonds secures licences with AI exploration
The AI models employed by Botswana Diamonds incorporated various factors indicative of diamond presence. Credit: EgolenaHK/Shutterstock.com.

Botswana Diamonds has secured four prospecting licences in Botswana, marking a significant milestone achieved through an innovative AI-driven exploration programme.

The licences, which cover an area of 2,644km², have been granted for diamond exploration in strategically identified regions with high potential.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

The awarded licenses – PL298, PL303, PL304 and PL305 – are valid until 2025 and span diverse locations including the Serowe area north-west of Mahalapye, near the South African border south-west of Jwaneng, north-east of Lerala in eastern Botswana, and close to the KX36 in the Kalahari.

The licence near Jwaneng Mine is particularly noteworthy due to its promising anomaly signatures, suggesting the presence of multiple potential kimberlite sources.

The AI models employed by Botswana Diamonds incorporated various factors indicative of diamond presence, such as mineral chemistry, proximity to major geological structures and specific geophysical anomalies.

The methodology also considered the presence of slightly abraded stones, shallow Kalahari cover and the characteristic low magnetic signatures of Group 2 kimberlites, which are typically ilmenite poor.

GlobalData Strategic Intelligence

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Beyond the diamond-focused licences, the AI exploration models have also identified non-diamond targets, leading to 11 polymetallic licence applications for minerals such as cobalt, copper, gold, nickel, platinum group metals, silver and zinc.

Some of these applications cover areas previously unexplored for copper-related signals.

The company has received provisional acceptance for these applications and anticipates further positive developments regarding their official granting.

Email newsletter icon

Sign up for our daily news round-up!

Give your business an edge with our leading industry insights.

Mining Technology Excellence Awards - The Benefits of Entering

Gain the recognition you deserve! The Mining Technology Excellence Awards celebrate innovation, leadership, and impact. By entering, you showcase your achievements, elevate your industry profile, and position yourself among top leaders driving industry advancements. Don’t miss your chance to stand out—submit your entry today!

Nominate Now

Content Original Link:

Original Source FINANCE YAHOO

" target="_blank">

Original Source FINANCE YAHOO

Top Stories

Grid List

400 truck operator, Carroll Fulmer, ceases operations

Finance News

400 truck operator, Carroll Fulmer, ceases operations

HSBC first-half profit falls 26%, misses estimates

Finance News

HSBC first-half profit falls 26%, misses estimates

Analysis-As Evergrande faces delisting, China property debt revamp drags on

Finance News

Analysis-As Evergrande faces delisting, China property debt revamp drags on

Bitcoin Creator Satoshi Nakamoto Once Said He Had No Time To 'Convince' Non-Believers: Why Coinbase CEO Brought It Up After 15 Years

Crypto News

Bitcoin Creator Satoshi Nakamoto Once Said He Had No Time To 'Convince' Non-Believers: Why Coinbase CEO Brought It Up After 15 Years

Bitcoin Rangebound as Market Ignores Good News in 'Textbook Late Cycle Behavior'

Crypto News

Bitcoin Rangebound as Market Ignores Good News in 'Textbook Late Cycle Behavior'

Bitcoin Overheating Signals Easing – Is A Second-Half Rally Ahead?

Crypto News

Bitcoin Overheating Signals Easing – Is A Second-Half Rally Ahead?