Greenridge Exploration has forged an alliance with KorrAI Technologies, aiming to enhance its Nut Lake Uranium Project with hyper-spectral imaging technology.
KorrAI Technologies offers advanced Earth observation technology, deploying satellite imagery, integrated with AI and ML, to pinpoint previously undiscovered mineralised zones.
The partnership with KorrAI is expected to help Greenridge in conducting its exploration activities, potentially leading to more efficient discovery of mineralised outcrops.
KorrAI's proprietary technology is expected to significantly benefit Greenridge's 2024 exploration programme by identifying key areas for ground exploration.
Additionally, the collaboration will see KorrAI providing a suite of technology solutions tailored to Greenridge's needs.
These will leverage geospatial imagery, modelling, and the analysis of survey and sensor data, which are crucial for the natural resources sector.
KorrAI president Rob McEwan said: “We are extremely excited to be working with Greenridge, particularly due to the exceptional promise of their property, the Nut Lake Uranium Project.
“We look forward to using our cutting-edge technology to provide Greenridge with the highly reliable data to run a more streamlined exploration programme at their project.”
Historical drilling data from the Nut Lake Project has revealed promising results, with intersections of up to 9ft containing 0.69% U3O8 (triuranium octoxide).
Notably, a high-grade segment of 4.90% U3O8 was encountered over a 1ft section at an 8ft depth.
Additionally, samples have shown high-grade concentrations of up to 4.36% U3O8, 53.16oz per tonne silver, 1.15% lead and 7% nickel.
Greenridge Exploration CEO Russell Starr said: “We are thrilled to be collaborating with KorrAI and using their technology to aid us in identifying mineralised outcrops across the Nut Lake Uranium Project.
“KorrAI’s technology will not only provide us with exceptional data but also hopefully boost the efficiency and accuracy of our planned exploration programme and allow us to use this technology for future projects.”
