EVs, renewable energy and electricity storage technologies rely heavily on critical minerals that are without substitute, like Copper, Cobalt, Nickel and Lithium.
Current metal production is declining significantly, and is not being replenished with new discoveries. This supply gap, worth trillions of dollars, will dramatically expand over the next decades.
There are no more easy discoveries. The remaining ore deposits are concealed under covered terrain making them challenging to discover.
Most of the underexplored parts of known mining jurisdictions are covered and current exploration methods will no longer be fit for purpose.
VerAI’s systematic methodology increases the probability of success in discovering economic deposits by two orders of magnitude, shortening the targeting time from years to months and reducing the targeting costs by over 90%.
VerAI deploys a novel proprietary AI/ML Discovery Platform that detects concealed mineral deposits in underexplored covered terrains. Our platform utilizes tailor-made datasets relevant for the challenge of exploring undercover, to directly identify with high probability the location of economic mineral deposits. Our Platform works with different commodity styles and in different geological jurisdictions.
VerAI is leveraging its proprietary AI Discovery Platform to systematically identify and target high-probability locations of concealed mineral deposits, generating drill-ready targets. Our highly scalable business model creates value both through strategic partnerships with investors and explorers to develop our fully owned license portfolios across North America and South America, and generating high probability targets on partner ground, unlocking value through monetizing equity and royalty from these assets.
