Veracio and AusIMM Join Forces to Empower Industry Leaders with Advanced Data Technologies for Informed Decision Making

Furthering its commitment to redefine how miners find and processes orebodies, Veracio announced a new partnership with The Australasian Institute of Mining andMetallurgy (AusIMM), the leader in professional development for the resources industry.

SALT LAKE CITY, June. 06, 2023 - Veracio announces a formal industry partnership with the Australiasian Institute of Mining and Metallurgy.

The primary objective of this partnership is to empower industry leaders by equipping them with advanced data technologies, enabling them to make critical decisions swiftly while minimizing their environmental impact. By providing valuable insights and knowledge, Veracio and AusIMM aim to support leaders in leveraging these technologies effectively. The agreement was finalized at theAusIMM Mineral Resource and Estimation Conference 2023 in Perth, Australia

“This partnership will share thought leadership with our global community on the use of emerging technologies for orebody knowledge and resource definition, ensuring our sector is creating safe, sustainable value for our communities’
‍_{says Stephen Durkin, CEO,AusIMM}

The collaboration, formally announced at the AusIMM’s inaugural Mineral Resource Estimation Conference in Perth on May 23, is slated to continue through 2024, and will focus on a comprehensive thought leadership campaign and a range of online and in-person learning initiatives.

“AusIMM is oneof the most trusted authorities in the resource industry, and we’re excited towork with their global member community to advance orebody knowledge,” says JT Clark, CEO, Veracio. “With our extensive experience in supporting mining and exploration companies and a decade of testing and development insensing, automation, and AI technologies, we’re the ideal partner to help mining professionals improve their business and environmental outcomes. Together,we aim to redefine the industry's approach to orebody exploration and processing, promoting innovation and sustainable practices.” ‍

About Veracio

Veracio, a wholly owned Boart Longyear subsidiary, offers mining clients a range of solutions that improve, automate, and digitally transform their orebody sciences. Championing a modern approach through a diverse product portfolio by fusing science and technology together with digital accessibility. Veracio leverages AI and advanced analytics to accelerate real-time decision-making and significantly lower the cost of mineral exploration.

Press Contacts

Media (North America):

Kamran Shaikh

PR Associates

kshaikh@prassociates.com

+1 778-846-5406

Media (APAC)

Michael Weir

Citadel-MAGNUS

mweir@citadelmagnus.com

Australia: +61 8 6160 4903

Mobile: +61 402 347 032

Veracio

With over 100 years of hard-won experience and international pedigree in our field, Veracio pioneers ground-breaking technologies to provide clear, accurate data sets that reveal more valuable, actionable information than ever before.

From in-field geochemistry and artificial intelligence, to on-rig performance capturing rock properties in real-time, our platforms are designed to change what you expect from your own orebody knowledge.