Core Element AI
Core Element AI provides an AI-powered exploration intelligence platform that replaces the entire geology software stack, from raw data ingestion to bankable JORC/NI 43-101/KAZRC-compliant reports. Its GeoSwarm and GeoThinker engines automate data validation, generate machine-learning drill targets, and reportedly reduce dry wells by up to 83%. The company also operates the Open Ground Exchange, a beta marketplace listing AI-vetted drill targets on open ground.
- Artificial Intelligence
- Data & Analytics
- Commerce & Shopping
- Software Only
Funding
Founders
Founder details are not available yet.
Product
Problem
Exploration companies juggle five or more disconnected software tools, belaboring months of effort on merging legacy data. Millions of dollars are spent on drill holes that miss their targets, resulting in a high percentage of dry wells and significant wasted capital across the mining industry.
Solution
CoreElement.AI provides a single AI-powered platform that replaces the entire geology software stack, moving from raw data input to bankable report output. The platform's GeoSwarm and GeoThinker engines ingest raw data, automate validation, target drill holes with machine learning, and generate JORC, NI 43-101, and KAZRC-compliant reports from one source of truth. The system reportedly achieves up to 98.5% AUC-ROC on uranium blind validation, demonstrates up to 6.2x lift over random cross-continental blind tests, and reduces dry wells by up to 83%. The Open Ground Exchange marketplace displays AI-vetted drill targets on open ground, allowing operators to request target briefs, qualify through NDA, and stake ground with CoreElement retaining a minority interest with fixed-price buyout options.
Target Audience
Primary users are chief geologists planning drill programs, exploration managers optimizing budgets, and data scientists building ML pipelines at mining companies, as well as junior miners, prospectors, and funded operators seeking de-risked exploration targets.
Features
- GeoSwarm and GeoThinker engines power data standardization, QA review, and machine-learning-driven drill target generation
- End-to-end workflow from raw data ingestion and automatic validation to JORC/NI 43-101/KAZRC report generation
- Open Ground Exchange: a beta marketplace displaying 32 AI-vetted drill targets across 6 commodities and 4+ million archive documents, with precision intentionally capped at 50x50 km grid cells until qualification
- Data-listing service allowing juniors, prospectors, and archive holders to list drill logs, geophysics, geochemistry, and survey reports for funded operators, with production share as default consideration
- Validation metrics including up to 98.5% AUC-ROC, 6.2x lift over random, and ±15 m demonstrated targeting accuracy, with methodology reports available on request
- GKZ to JORC conversion expertise addressing Soviet-era reserve classification challenges, including Pulkovo 1942 datum reprojection and C1 category mapping traps