Cundumbul

The Cundumbul Project is located approximately 205 miles north-east of Sydney, NSW. It is situated within the Molong Volcanic Belt of the Macquarie Arc, the eastern portion of the Lachlan Orogen. The tenement overlies the Cabonne Group, a component of the Molong Volcanic Belt within the Macquarie Arc which represents a late Ordovician volcano-sedimentary sequence that encompasses the Oakdale Formation, Narragal Limestone and Dripstone Formations. The Macquarie Arc is considered highly prospective for porphyry gold-copper mineralization hosting the Boda-Kaiser porphyry project, Copper Hill, and Cadia deposits.

In October 2022, Earth AI entered into an Exploration Alliance Agreement with Kincora Copper under the pretense to generate and drill test, artificial intelligence/machine learning based targets at the Cundumbul project. The agreement supports a co-funding and royalty model with Earth AI to spend up to A$4.5m generating and drill testing targets and to earn a royalty, only upon a new drilling discovery (qualify intersection). 

Following geological research and an artificial intelligence targeting phase, ground-truthing fieldwork have been completed by Earth AI to confirm and refine drill hole targeting hypotheses. This reconnaissance work program has outlined a large anomalous copper zone along a hydrothermal breccia system similar to the Boda project.