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Australia makes 12–15 a year, down from 15–25.\nJuniors carry the risk: around 45% of exploration spend, but 73% of Australian discoveries.\nConventional greenfield drilling succeeds less than 1% of the time. That is the number AI is aimed at.\n\nThe data was always there\nThe constraint is interpretation at speed. Australia has filed every drill result and survey since the 1970s, but much of it is unstructured or re-examined. AI’s advantage is not new data – it is reading decades of old data at once, processing more variables than any geologist can, and turning a continent into a ranked list of targets. The caution is unchanged: a model is a hypothesis until the drill confirms it.\nThe collaboration proof point\nAI in exploration shares risk rather than selling software. Earth AI partners with tenement holders on discovery success-based alliances; its work with Legacy Minerals in NSW hit PGE-nickel-copper mineralisation on the first drill test, opening a new terrain in the Lachlan Fold Belt. Ground and geology from one side, prediction and capital from the other.\nInnovation Spotlight — From Data to Drill Target\nHorizon 1 Available\n\nAI found a real mine: KoBold read legacy Copperbelt data to define an unknown deep resource at Mingomba – a US$2.3bn mine targeting over 300,000t of copper a year.\nProspectivity mapping at continental scale: models trained on national datasets cut search areas by up to 95% while still capturing most known deposits.\nPrediction plus drilling: Earth AI trains on 400 million geological cases and moves from prospect to drill test in three to six months.\n\nHorizon 2 Evolving\n\nSensing and AI as one system: Adelaide’s Fleet Space fuses satellites, seismic sensors and ML into real-time 3D subsurface imaging, used by Rio Tinto and Barrick across five continents.\nDeep learning on core: automated logging and hyperspectral mineral ID, turning core sheds into structured training data.\nFoundation models for geoscience: architectures that generalise from one belt to untrained ground – the start of transferable models.\n\nHorizon 3 Emerging\n\nAgentic exploration: models that choose the next survey, not just the next target – optimising what to collect to cut uncertainty.\nOff-Earth transfer: Fleet Space’s SPIDER sensor heads to the Moon in 2026 – imaging built for exploration becomes planetary science.\nThe pre-competitive data commons: standardised national geochemistry is the training-set bottleneck. Whoever solves it sets the pace.\n\nWho Is Solving It?\n\n\n\nCategory\nOrganisations\n\n\n\nAI Explorers\nKoBold Metals · Earth AI · VerAI · GoldSpot · MineDSS\n\n\nAustralian Innovators\nFleet Space · Legacy Minerals · MinEx CRC · Unearthed\n\n\nMajors & Partners\nBHP · Rio Tinto · Barrick · Midnight Sun\n\n\nResearch & Data\nCSIRO · Geoscience Australia · State geological surveys\n\n\n","text":"## AI in Exploration — Did You Know?\n\n1. The discovery rate for economic deposits has halved in a decade, while average cost has risen **four times to around US$220 million**.\n2. Mines that started up in 2020–23 took almost **18 years from first exploration to production**, about 12 in exploration alone.\n3. Roughly **50 deposits are found worldwide each year**, half the rate before 2005. Australia makes 12–15 a year, down from 15–25.\n4. Juniors carry the risk: around **45% of exploration spend**, but **73% of Australian discoveries**.\n5. Conventional greenfield drilling succeeds **less than 1% of the time**. That is the number AI is aimed at.\n\n## The data was always there\n\nThe constraint is interpretation at speed. Australia has filed every drill result and survey since the 1970s, but much of it is unstructured or re-examined. AI’s advantage is not new data – it is reading decades of old data at once, processing more variables than any geologist can, and turning a continent into a ranked list of targets. The caution is unchanged: a model is a hypothesis until the drill confirms it.\n\n## The collaboration proof point\n\nAI in exploration shares risk rather than selling software. Earth AI partners with tenement holders on discovery success-based alliances; its work with Legacy Minerals in NSW hit PGE-nickel-copper mineralisation on the first drill test, opening a new terrain in the Lachlan Fold Belt. Ground and geology from one side, prediction and capital from the other.\n\n## Innovation Spotlight — From Data to Drill Target\n\n### Horizon 1 Available\n\n- **AI found a real mine:** KoBold read legacy Copperbelt data to define an unknown deep resource at Mingomba – a US$2.3bn mine targeting over 300,000t of copper a year.\n- **Prospectivity mapping at continental scale:** models trained on national datasets cut search areas by up to 95% while still capturing most known deposits.\n- **Prediction plus drilling:** Earth AI trains on 400 million geological cases and moves from prospect to drill test in three to six months.\n\n### Horizon 2 Evolving\n\n- **Sensing and AI as one system:** Adelaide’s Fleet Space fuses satellites, seismic sensors and ML into real-time 3D subsurface imaging, used by Rio Tinto and Barrick across five continents.\n- **Deep learning on core:** automated logging and hyperspectral mineral ID, turning core sheds into structured training data.\n- **Foundation models for geoscience:** architectures that generalise from one belt to untrained ground – the start of transferable models.\n\n### Horizon 3 Emerging\n\n- **Agentic exploration:** models that choose the next survey, not just the next target – optimising what to collect to cut uncertainty.\n- **Off-Earth transfer:** Fleet Space’s SPIDER sensor heads to the Moon in 2026 – imaging built for exploration becomes planetary science.\n- **The pre-competitive data commons:** standardised national geochemistry is the training-set bottleneck. Whoever solves it sets the pace.\n\n## Who Is Solving It?\n\n| Category | Organisations |\n|---|---|\n| **AI Explorers** | [KoBold Metals](https://koboldmetals.com/mingomba/) · [Earth AI](https://earth-ai.com/) · [VerAI](https://ver-ai.com/) · [GoldSpot](https://www.alsglobal.com/en/news-and-publications/2022/12/als-acquires-the-explortech-division-of-earthlabs-inc) · [MineDSS](https://www.minedss.com/) |\n| **Australian Innovators** | [Fleet Space](https://www.fleetspace.com/exosphere) · [Legacy Minerals](https://legacyminerals.com.au/announcements/6436009) · [MinEx CRC](https://minexcrc.com.au/projects/) · [Unearthed](https://unearthed.solutions/news/introducing-winners-exploresa-gawler-challenge) |\n| **Majors & Partners** | [BHP](https://www.bhp.com/about/our-businesses/ventures) · [Rio Tinto](https://www.fleetspace.com/newsroom/rio-tinto-fleet-space-collaborate-to-advance-exploration-at-the-rincon-lithium-project) · [Barrick](https://www.fleetspace.com/barrick) · [Midnight Sun](https://midnightsunmining.com/2024/midnight-sun-and-kobold-metals-join-forces-on-the-dumbwa-target-in-zambia/) |\n| **Research & Data** | [CSIRO](https://www.csiro.au/en/research/technology-space/data/Automation-and-machine-learning) · [Geoscience Australia](https://www.ga.gov.au/news/news-archive/australias-world-leading-precompetitive-geoscience-looking-deep-undercover) · [State geological surveys](https://www.ga.gov.au/data-pubs/Geoscientific-Datasets-and-Reports) |"},"openGraph":{"title":null,"description":{"plain":"The next mine is hiding in decades of old drill data. AI reads all the data at once and supports a geologist to rank drill targets. Mingomba, one of the biggest copper finds in years, proved this works. Every target still has to be drilled and AI assists by picking better targets.\n"},"image":{"thumbnails":{"full":{"url":"https://res.cloudinary.com/shapeable/image/upload/v1791493812/copper-connect/banner/ai-copper-discovery_image__AI_Discovery_yloifo.webp"}}}},"intro":{"plain":"The next mine is hiding in decades of old drill data. AI reads all the data at once and supports a geologist to rank drill targets. Mingomba, one of the biggest copper finds in years, proved this works. Every target still has to be drilled and AI assists by picking better targets.\n","text":"**The next mine is hiding in decades of old drill data**. AI reads all the data at once and supports a geologist to rank drill targets. Mingomba, one of the biggest copper finds in years, proved this works. 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ConnectOre may use your personal information to provide you with support or other services that you have ordered or requested. ConnectOre may also use your personal information to respond directly to your requests for information, including registrations for webinars, or other specific requests, or pass your contact information to the appropriate ConnectOre supplier or reseller for further follow-up related to your interests.\n  * To provide information based on your needs and respond to your requests. ConnectOre may use your personal information to provide you with notices of new product releases and service developments.\n  * To administer products. ConnectOre may contact you if you make use of (digital) products we offer, to confirm certain information (for example, that you did not experience problems in a download process). We may also use this information to confirm compliance with licensing and other terms of use and may share it with your company/institution.\n  * To assist in your participation in ConnectOre activities. ConnectOre will communicate with you, if you are participating in certain ConnectOre activities such as ConnectOre Summit, authoring or reviewing a ConnectOre article, or ConnectOre humanitarian activities. ConnectOre may send you information such as update messages related to those activities (such as but not limited to the event's content, and event logistics)\n  * To update you on relevant ConnectOre events and opportunities. ConnectOre may communicate with you regarding relevant ConnectOre events and opportunities.\n  * To protect ConnectOre content and services. We may use your information to prevent potentially illegal activities and to enforce our terms and conditions.\n  * To get feedback or input from you. In order to deliver products and services of most interest to our stakeholders, from time to time, we may ask you to provide us input and feedback (for example through surveys).\n\n#### How can you control your information?\n\nYou can control the information we have about you and how we use as follows:\n\n  * If you are a registered guest for ConnectOre Annual Summit 2021, any request for review, revise or correction of your personal data can be sent to john.fennell@copper.com.au specifying your request.\n\n#### Personal data about minors and children\n\nConnectOre does not knowingly collect data from or about children under 16 without the permission of parent(s)/guardian(s). If we learn that we have collected personal information from a child under 16, we will delete that information as quickly as possible. If you believe that we might have any information from or about a child under age 16, please contact us.\n\n#### How will you know if the Privacy Policy is changed?\n\nConnectOre may update its Privacy Policy from time to time. If we make any material changes you will be notified by means of a notice on our website prior on the date the change becomes effective. We encourage you to periodically review this page for the latest information on our privacy practices.\n\n## Technical And Regulatory Information\n\n#### Logging practices\n\nConnectOre automatically records the Internet Protocol (IP) addresses of visitors. The IP address is a unique number assigned to every computer on the internet. Generally, an IP address changes each time you connect to the internet (it is a \"dynamic\" address). Note, however, that if you have a broadband connection, depending on your individual circumstance, the IP address that we collect may contain information that could be deemed identifiable. This is because, with some broadband connections, your IP address doesn't change (it is \"static\") and could be associated with your personal computer.\n\nAs well as recording the IP addresses of users, ConnectOre may also keep track of sites that users visited immediately prior to visiting ConnectOre's website and the search terms they used to find it. We keep track of the pages visited on ConnectOre's website, the amount of time spent on those pages and the types of searches done on them. Your searches remain confidential and anonymous. ConnectOre uses this information only for statistical purposes to find out which pages users find most useful and to improve the website.\nConnectOre also captures and stores information that you transmit. This may include:\n\n  * Browser/Device type/version\n  * Operating system used\n  * Media Access Control (MAC) address\n  * Date and time of the server request\n  * Volume of data transferred\n\n#### External links behaviour\n\nSome of the links on ConnectOre's websites link to other sites created and maintained by other public- and/or private-sector organizations. ConnectOre provides these links solely for your information and convenience. When you transfer to an outside website, you are leaving ConnectOre domain, and ConnectOre's information management policies no longer apply. ConnectOre encourages you to read the privacy statement of each external website that you visit before you provide any personal data.\n\n#### Cookies and web beacons\n\nCookies and web beacons are electronic placeholders that are placed on your device by websites to track your individual movements on that website over time. ConnectOre uses both session-based cookies (which last only for the duration of the user's session) and persistent cookies (which remain on your device and provide information about the session you are in and waits for the next time you use that site again).\n\nThese cookies and web beacons provide useful information to ConnectOre, enabling us to recognize repeat users, facilitate the user's access to and use of our sites, allows us to track usage behavior, and to balance the usage of our websites on all ConnectOre web servers.\nTracking cookies, third-party cookies, and other technologies such as web beacons may be used to process additional information, enable non-core functionalities on ConnectOre website and enable third-party functions (such as a social media \"share\" link). We may also include web beacons and other similar technology in promotional email messages to determine whether the messages have been opened.\n\n#### Do Not Track (DNT)\n\nThe online advertising industry has self-regulatory initiatives designed to provide consumers a choice in the types of ads they may see online and to conveniently opt-out from online behavioral ads served by some or all of the companies participating in these programs. Our websites do not respond to DNT consumer browser settings.\n\n#### Responses to legal requests\n\nConnectOre reserves the right to share your information to respond to duly authorized information requests of governmental authorities or where required by law.\n\n#### Your data rights\n\nConnectOre complies with all applicable data privacy laws and regulations including, but not limited to, the General Data Protection Regulation (GDPR) and the California Consumer Privacy Act (CCPA). Under these laws and regulations, you may have certain rights to your data. Should you wish to exercise any of these rights, please send an email request to john.fennell@copper.com.au with \"Data Privacy Request'' in the subject line and in the email please identify the specific privacy right you request assistance with. Please note additional information may be requested prior to fulfilling a request and that ConnectOre reserves the right to charge a fee, where permitted, to cover the cost of certain requests.\n\n#### How do I contact you if there is an issue?\nIf you have any questions or concerns about this Privacy Policy or about the use of your personal information, please feel free to contact us by email at john.fennell@copper.com.au"},"welcomeUrl":"https://connectore.org/app/welcome","welcomeTitle":"Welcome to ConnectOre and thanks for joining us! 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