SensOre

Barton & SensOre Form Gawler Craton Gold-Copper Partnership

Binding Agreement Follows 2022 Term Sheet & Phase 1 Analysis

Barton Gold Holdings Limited (ASX: BGD) (Barton or the Company) is pleased to announce that it has signed binding terms with SensOre Ltd (ASX:S3N) (SensOre) for an exclusive R&D investment partnership across the central Gawler Craton in South Australia (R&D Partnership).


HIGHLIGHTS

  • Exclusive R&D partnership developing and trialling Discriminant Predictive Targeting (DPT) for gold and copper mineralisation over 60,000km2 of the central Gawler Craton
  • Phase 1 analysis identified multiple new gold and copper targets on Barton’s tenements1
  • Execution of Binding Agreement kicks off Phase 2 development of the DPT module over the central Gawler Craton, and target generation for in-field drill testing and DPT validation
Barton and SensOre are collaborating to adapt its Western Australian artificial intelligence (AI) and machine learning (ML) DPT targeting engine to South Australia. With the execution of binding terms the team is now commencing Phase 2 development and validation of a South Australian DPT targeting model, focused on gold and copper mineralisation within a ~60,000km2 area surrounding Barton’s tenements.

A map of the R&D Partnership area, and further details of its terms, are detailed on the following page.

Commenting on the new Partnership, Barton Gold MD Alex Scanlon said:

“We are excited to be taking the next step toward the development and trial application of these technologies in the central Gawler Craton. This is a very richly mineralised domain with relatively low historical exploration.

“SensOre is on the cutting edge of new mineral exploration technologies and is an ideal partner for Barton. Successful development of this technology is expected to accelerate Barton’s regional exploration successes, and further strengthen Barton’s regional strategic development advantage in the central Gawler Craton.”

Commenting on the new Partnership, SensOre CEO Richard Taylor said:

”With Phase 1 analyses indicating a large number of potential gold and copper targets across Barton’s tenements and the surrounding central Gawler Craton, we are excited to move to the next stage of this partnership.

“SensOre is an active mining technology group partnering on ground which it has evaluated using its proprietary data and technologies. We are very happy to be working with a development team of Barton’s calibre to leverage their significant existing development platform of 1.1Moz Au in a richly mineralised, but underexplored, domain.

“We anticipate that the combination of Barton’s existing mineralisation, its ownership of the region’s only gold mill, and the upside potential of our machine learning applications will present exciting future opportunities.”

Figure 1 – Barton Tenements with Phase I (Yellow) & Phase II (White) Areas of Exclusivity

Under the R&D Partnership, Barton has already contributed $45,000 to the development of Phase 1 regional prospectivity mapping, which has identified multiple prospective new gold and copper targets on Barton’s tenements, and across the surrounding 60,000km2 central Gawler Craton.2

With the commencement of Phase 2 works, Barton will contribute up to a further $350,000 to development of DPT in the central Gawler Craton. Barton will also provide its extensive private data sets for integration into a South Australian ‘data cube’ to refine, and then drill validate, the DPT targeting model.

Further to the terms of agreement:

  • Barton will be entitled to 10 years’ exclusive use of the South Australian DPT module for gold and copper within an initial ~60,000km2 area indicated by the white polygon in Figure 1, during which time SensOre will also not compete with Barton to acquire gold or copper targets therein; and
  • Subject to the successful production of gold and/or copper mineralisation at new targets predicted by the South Australian DPT module, SensOre will become entitled to additional benefits in the form of royalties linked to the quantum of gold and copper produced.

Barton will provide further updates as Phase 2 development and trialling progresses.


Click here for the full ASX Release

This article includes content from SensOre Limited, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.

S3N:AU
The Conversation (0)
Green NVIDIA logo in a glossy 3D style on a dark background.

NVIDIA Facing Weak Demand for New Chip as Chinese Firms Turn to Homegrown Silicon

NVIDIA's (NASDAQ:NVDA) new RTX6000D chip, built to comply with US export curbs, is seeing little demand from major Chinese firms, sources familiar with the matter told Reuters this week.

Tests showed it lags the banned RTX5090, which remains widely available through gray market channels at less than half the RTX6000D’s price of roughly 50,000 yuan (around US$7,000).

NVIDIA currently faces a balancing dilemma in China, where the US has barred exports of its most advanced processors to limit Beijing’s artificial intelligence (AI) progress, forcing the company to design downgraded models.

Keep reading...Show less
Syntheia (CSE:SYAI)

Syntheia Announces Closing of Private Placement

Syntheia Corp. (CSE: SYAI) (syntheia.ai) (the "Company"), is pleased to announce that further to its press releases dated July 23, 2025, and September 2, 2025 the Company has closed the second tranche of its non-brokered private placement financing for gross proceeds of $709,677.48 through the issuance of 5,913,979 units (each, a "Unit") at a price of $0.12 per Unit (the "Offering").

Each Unit was comprised of one common share in the capital of the Company (each, a "Common Share") and one Common Share purchase warrant (each, a "Warrant"). Each Warrant is exercisable to acquire one Common Share at a price of $0.16 until September 2, 2030 (the "Expiry Date"), subject to an accelerated expiry in the event the volume weighted average trading price of the Common Shares exceeds $0.20 for 20 consecutive trading days, the Company may, within 10 business days of the occurrence of such event, deliver a notice to the holders of the Warrants accelerating their Expiry Date to a date that is not less than 30 days following the date of such notice and the issuance of a press release by the Company announcing the acceleration notice (the "Accelerated Exercise Period"). Any unexercised Warrants shall automatically expire at the end of the Accelerated Exercise Period.

Keep reading...Show less
Circuit board forming a brain shape on a digital blue background.

Nebius Shares Soar on US$17.4 Billion Microsoft AI Deal

Nebius Group (NASDAQ:NBIS) surged on Tuesday (September 9) after announcing a multibillion-dollar deal with Microsoft (NASDAQ:MSFT) to provide dedicated artificial intelligence (AI) infrastructure.

Valued at US$17.4 billion over five years and expandable to US$19.4 billion if demand increases, the arrangement will see Nebius supply Microsoft with computing capacity from a new data center under construction in Vineland, New Jersey.

The news sent Nebius shares up 43.3 percent to US$91.75, their highest level on record.

Keep reading...Show less
OpenAI logo on a dark screen with a soft blue gradient background.

OpenAI Taps Broadcom to Build Custom AI Chips in Face of GPU Supply Concerns

OpenAI, the company behind ChatGPT, is reportedly set to begin large-scale production of its own artificial intelligence (AI) chips through a partnership with Broadcom (NASDAQ:AVGO).

Experts in the space see the move as a bid to cut reliance on chip giant NVIDIA (NASDAQ:NVDA) and ease the global shortage of processors driving platforms like ChatGPT.

The news came after Broadcom CEO Hock Tan told analysts in a September 4 call that the company had secured a fourth major customer that has committed to a US$10 billion order.

Keep reading...Show less
Person using laptop with generative AI, ChatGPT and other symbols floating between them.

10 Generative AI Stocks to Watch as ChatGPT Soars

The launch of OpenAI’s ChatGPT created a major buzz around artificial intelligence (AI) stocks.

ChatGPT is an AI chatbot software application that uses machine-learning techniques to emulate human-written conversations. This technology is called generative AI, and it's been making an impact on myriad industries, including marketing, security, healthcare, gaming, communication, customer service and software development.

The potential behind generative AI has been the primary driver behind a major stock rally that has helped the S&P 500 (INDEXSP:.INX) and Nasdaq Composite (INDEXNASDAQ:.IXIC) reach multiple new highs since 2023.

Keep reading...Show less
RemSense CEO and Managing Director Warren Cook

RemSense Eyes More Strategic Partnerships for Global Growth

RemSense (ASX:REM) is looking to secure more strategic partnerships as the company eyes global expansion, according to CEO and Managing Director Warren Cook.

“We have a strong pipeline of services to deliver to our existing clients that's going to take us right up through to the end of the year and into the early new year. For our global growth, we see partnerships as a critical part of our strategy to give us scale and capacity to grow throughout other parts of the region,” Cook said in an interview with the Investing News Network.

RemSense’s 3D visualisation technology — called virtualplant — is used by some major companies, including Woodside Energy Group (ASX:WDS,NYSE:WDS) and Chevron (NYSE:CVX).

Keep reading...Show less

Latest Press Releases

Related News