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StartupClimate & energy

StratumAI

AI that tells mining companies where to mine to maximize profits

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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.

ClimateMiningAI
Facts
Website
stratum.ai
City
Toronto
Country
Canada
YC batch
Winter 2020
Team
5 people
Stage
Early stage
AI-native
Yes

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