Ellipsis Mining

At Ellipsis Mining, our foundation is built upon a unique combination of mathematical precision, geological expertise, and advanced technology.

We specialise in frontier exploration in the Moroccan Sahara and Mauritania, targeting only the highest-calibre Tier 1 deposits.

At Ellipsis Mining, our exploration strategy is founded on a mathematical, data-driven process designed to maximise success. Before committing to tenement acquisition, we developed a refined process by analysing 48 junior exploration companies, studying their approaches to identify common mistakes and successful practices. Our team of seasoned geologists thoroughly examined all relevant public data, including announcements, reports, satellite imagery, and external resources, to assess the viability of these projects. From this analysis, we found that 32 to 41 of these companies under our refined model were built on geological foundations too weak to support further development or investment. Already two are de-listed. Additionally, we studied Newmont’s extensive gold exploration efforts in Western Australia, which involved soil sampling over a vast area of 3,000 to 4,000 square kilometres. This sampling revealed over 20 gold anomalies that initially warranted further investigation. However, after significant expenditure and several years of effort, it was determined that none of these anomalies were commercially viable. These rich learnings underscored to us the importance of adopting the latest technology for the purpose and a more refined and evidence-based approach to exploration.

Armed with our learnings this allowed us to refine and define a methodology that increases the probability of success for Ellipsis Mining.

Geological analogies to world class Australian deposits. West Africa, particulary Mauritania and Moroccan Sahara, shares geological features with Australia’s renowned Kalgoolie region including Archaean and Proterozoic terranes and significant greenstone belts.

A key factor for success is the identification of a commercially viable mineralisation grade deposit with sufficient surface expression. Our approach removes any subjectivity from the evaluation process. Each tenement or prospect is continually reviewed as new data is collected, with both favourable and unfavourable results objectively analysed. This ensures that decisions are made based on the best available information, reducing the risk of pursuing non-viable targets.

In line with our commitment to objectivity, we have integrated AI into our analysis process to ensure unbiased decision-making. Furthermore, we have adopted world-class sampling techniques that are currently limited to analysis in Australia, applying these advanced methods to our overseas prospects. By employing these cutting-edge techniques, we ensure that our exploration efforts are underpinned by the most accurate and reliable data available.

This meticulous, objective-driven process allows us to consistently make informed decisions, ultimately maximising our chances of exploration success while avoiding costly mistakes.