StratumAI

Winter 2020Active

AI that tells mining companies where to mine to maximize profits

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StratumAI

Winter 2020Active

AI that tells mining companies where to mine to maximize profits

Save

Company details

The mining industry drills narrow holes in the ground called drillholes to identify how much gold is in a ground at any spot. These holes are expensive so the industry uses statistical interpolation to predict what's in between these holes. Stratum replaces these traditional methods by utilizing deep learning to better predict both where to best drill and how much gold is in between these holes. This technology is not limited to gold and has been demonstrated to work on other metals, including base metals like copper. Based on Stratum's current pilots, our technology is projected to create ~10M in annual value for the average mine.

Location

Toronto, ON, Canada

Founded

Unknown

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