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.
Company Intelligence
StratumAI
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 this profile
Quick Facts
- Founded 2020
- Headquarters Toronto, Canada
- Country Canada
- Industry AI in Manufacturing
- Company Type Early
- Status Active
- Website Official site
- Last Reviewed Aug 2026
Executive Summary
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.
Why It Matters
AI that tells mining companies where to mine to maximize profits
Recent Developments
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2020
Company founded
StratumAI was founded in 2020 per the company profile source on file.
Source
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