Source - Alliance News

Botswana Diamonds PLC on Friday said it initiated an artificial intelligence programme on its Botswana database to assist its search for new diamond deposits.

The Botswana and South Africa-focused diamond exploration & development company possesses a vast mineral database in Botswana comprising 260,000 files and 280 gigabytes of data.

The database includes 375,000 kilometres of airborne geophysical data, 228,000 soil sample results, 32,000 drill hole logs, among others.

Chair John Teeling said: ‘Massive databases are suited to analysis by computer-based large data models and artificial intelligence techniques which can analyse substantial amounts of data in a short time. We feed in the data and create the models from our existing knowledge both theoretical and factual. The techniques then produce results. Where it finds inconsistencies or gaps it adapts.’

The company will utilise Planetary AI Ltd Xplore mineral prospectivity technology which was developed in collaboration with International Geoscience Services Ltd.

Xplore makes use of a unique combination of semantic technology with machine learning which enables computers to comprehend, interpret, and reason with data in a manner similar to human understanding.

The platform will enhance the effectiveness of information retrieval, integration, and analysis, and help the company identify zones of prospective mineralisation based on specific mineral deposit models.

Botswana Diamonds shares were up 0.8% to 0.31 pence each in London on Friday afternoon.

Copyright 2024 Alliance News Ltd. All Rights Reserved.

Find out how to deal online from £1.50 in a SIPP, ISA or Dealing account. AJ Bell logo

Related Charts

Botswana Diamonds PLC (BOD)

+0.00p (+0.81%)
delayed 15:57PM