Durin Mining Technologies automates mineral exploration drilling using retrofitted and proprietary rigs, enhancing safety and accuracy. By integrating autonomous control systems and real-time data streams, they reduce the cost and time associated with discovering valuable ore deposits. Their core drilling services provide mineral exploration companies with a more efficient and modern approach.
Funding
$3.4M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Mineral exploration relies on core drilling, a process that is expensive, slow, and often unsafe due to outdated technology and reliance on manual labor. This bottleneck hinders the discovery of new mineral deposits needed for various industries. The majority of exploration budgets are consumed by core drilling, a technology that has seen little fundamental change.
Solution
Durin Mining Technologies addresses these challenges by building and operating remotely operated, semi-autonomous drill rigs to accelerate mineral discovery. These rigs drill faster, reduce human error, and enhance worker safety. Data is transmitted directly from the rig to geologists, enabling quicker decision-making from any location. By automating hazardous and repetitive tasks, Durin's rigs allow a single team to manage multiple machines, covering more ground and reaching deeper targets more efficiently. The company vertically integrates assays, geophysics, and data analytics to streamline the exploration process, reduce turnaround times, and accelerate overall discovery.
Target Audience
Durin's primary customers are mineral exploration companies seeking a more efficient, safer, and modern approach to core drilling, as well as industries dependent on the discovery of new mineral resources.
Features
- Remotely operated, semi-autonomous core drilling rigs
- Real-time data streaming from the rig to geologists
- Automated pipe loading system
- Closed-loop controls for higher precision and reduced human error
- Automated systems for hazardous and repetitive tasks
- Integration of geological modeling, lab testing, and drillhole planning
- Streamlined parts and assembly for reliable and consistent rig construction