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StratumAI

AI that tells mining companies where to mine to maximize profits

About

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.

Topics

Artificial IntelligenceClimateMiningIndustrials
Location
Toronto, Canada
Team size
5 employees
YC batch
Winter 2020
Status
Active
Stage
Early stage

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Questions and answers

What does StratumAI do?

AI that tells mining companies where to mine to maximize profits

Where is StratumAI based?

Toronto, Canada

How many people work at StratumAI?

5 employees, according to the company profile.

Has StratumAI raised money?

There are no funding rounds for StratumAI in our data.

What are the alternatives to StratumAI?

Similar startups: KorrAI, EARTH AI, and Zeitview.