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IN BRIEF: Botswana Diamonds plans to use AI for geophysical database

ALN

Botswana Diamonds PLC - Botswana and South Africa-focused diamond explorer - Intends to apply AI techniques to its Botswana database, which contains 375,000 kms of geophysical data, and 32,000 drill holes logs, using Planetary AI Ltd’s Xplore mineral prospectivity technology. Chair John Teeling says: ‘Our mineral database in Botswana is simply vast...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. It is early stages in both our work and the use of the technique in mineral exploration, but the future potential is huge.’

Current stock price: 0.39 pence, up 5.3%

12-month change: down 61%

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