Veracio will be led by newly appointed Chief Executive Officer , JT ( John ) Clark , a seasoned growth leader in mining technology with a track record of operational success . Veracio ’ s technologies and platform , the result of a decade of testing and development in sensing , automation , and artificial intelligence ( AI ) technologies , “ empowers miners to dig deeper into data , accelerating exploration and making better decisions that result in economically efficient operations and reduced waste .”

Powered by Boart Longyear ’ s award-winning Geological Data Services integrated technology platform , Veracio is “ well-positioned to support the growing global need for critical minerals by championing an approach to orebody science based on speed and sustainability .”

As Veracio ’ s CEO , JT Clark , who was most recently a Managing Director and Partner at Boston Consulting Group ( BCG ), where he led the Global Mining Practice and built Phosa , BCG ’ s AI solution for mineral processing , will lead the company ’ s growth strategy . The leadership team also includes Mike Ravella , the founder and innovative mind behind Boart Longyear ’ s Geological Data Services division , who assumes the role of Chief Innovation Officer . Jeff Olsen ,

Boart Longyear ’ s Chief Executive

Officer , is Veracio ’ s Chairman , bringing with him a wealth of mining and leadership experience .

“ We utilise our mine-ready tools to capture differentiated data about the earth and its minerals , and leverage cutting edge AI , to enable our clients to make their most critical decisions faster , with better information ,” says Clark . “ Our mission is to help miners set a new bar for productivity and efficiency while improving their environmental stewardship .”

The mining industry must rapidly redefine how it finds and processes orebodies ,” says Ravella . “ From our hands-on experience in mineral exploration and mining , we know solving this problem requires investing in geological science and creating practical tools powered by AI to empower a deeper understanding of the orebody which will drive mining efficiency . Veracio combines a century of expertise with cutting edge innovation to deliver on this vision .”

“ As a stand-alone entity infused with Boart Longyear ’ s rich legacy of innovation and deep mining heritage , Veracio is uniquely positioned to aid mining customers in meeting the unprecedented minerals demand that is fuelling the transition to a more sustainable economy ,” says Olsen .

Veracio leverages key digital sensing platforms and AI that helps miners move beyond the borehole and see the entire orebody in fine detail . Critical components include :

n AI solutions that improve and automate improved understanding of the earth and orebodies , and deliver improved solutions for mining activities across the value chain ; n Data capture and intelligence platforms including TruScan™ , an in-field sample sensing platform ; TruSub™ , a rod string system ; and TruProbe™ , which allows for driller deployable downhole sensing without a logging truck ; n A foundational , integrated cloud platform that gives teams anywhere in the world access to these technologies , enabling them to access orebody data in near-real time , at a higher definition , and with lower sampling error . From economic models and mine designs to mine safety and more efficient mining operations , the statement said Veracio technologies “ enable significant commercial , environmental and sustainability outcomes for existing assets and greenfield projects that benefit from better orebody knowledge . Veracio offers a bigger vision for better use of the Earth ’ s resources leading to a lower carbon footprint .” www . boartlongyear . com ; www . veracio . com