There are many ways to use AI to analyze a technical report, but… with a Podcast? I recently tried this feature with Google NotebookLM, and the result is quite impressive.
I recently received a Rare Earth Element (REE) exploration report from a mining company. The company essentially drilled hundreds of test holes and measured the REE content. They used a relatively new measurement system, and presented the results with the help of a technical model.
But to a non-technical person, how do you understand this content? This is where I found a podcast is a surprisingly effect tool. Listen to this:
https://notebooklm.google.com/notebook/696f8f98-ab8a-43f0-bc3f-7f6d5e14eeb2/audio
When I asked AI to generate a summary, here is what I got:
This report, prepared by Weir International for Ramaco Resources as of March 21, 2024, details an updated Rare Earth Element (REE) Exploration Target at Ramaco’s Brook Mine Property in Wyoming. Significant advancements since the previous report include an increase in REE-specific drill holes to 123 and the recovery of historical data from 417 coal exploration holes, providing a much better understanding of the geological structure. A key change is the reporting of REE concentrations on an “ash-basis”, reflecting the anticipated processing method and suggesting that prior tonnage estimates in carbonaceous zones might have been underestimated by about 10 percent. Furthermore, the report now includes Gallium (Ga) and Germanium (Ge) in its analysis.
The current Exploration Target estimates indicate a Total Rare Earth Oxide (TREO) tonnage (including Gallium and Germanium oxides (BREO)) ranging from 1,220 to 1,525 thousand short tons, with a grade of 439 to 548 ppm on an ash-basis. Excluding Gallium and Germanium, the TREO tonnage is estimated at 1,105 to 1,382 thousand tons with a grade of 392 to 490 ppm. Notably, Gallium and Germanium contribute significantly, estimated at 114,000 to 143,000 tons at a combined grade of 47 to 59 ppm. While a larger portion of the estimated REO tonnage (around 60 percent) is found in clays, carbonaceous units, and siltstone, coal zones exhibit the highest average and single point maximum TREO concentrations on an ash-basis. The report also indicates low levels of Uranium and Thorium.
This updated report presents a significantly larger potential for REE resources at Ramaco’s Brook Mine than previously estimated, highlighting the property’s potential as a domestic source of critical minerals, including valuable magnetic REEs as well as Gallium and Germanium. However, it is important to remember that these figures represent an Exploration Target and not a Mineral Resource or Reserve.
I am impressed… Are you?
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