The Problem
Open pit and underground mining scenarios proved uneconomic… a stranded asset.
Our Approach
- Work with client to identify key pain points
- Engage client throughout process to align goals
- Build 3D mine plan using customized software
- Utilize proprietary economic model to generate projected results
Surgical Mining Benefits
- Unlock value in currently uneconomic deposits
- Minimise development work and time to ore
- Flexible mine planning
- Maximise near term cash flow
- Small environmental footprint
Results
- NPV >$20M
- IRR >60%
- 5 X vs conventional
- $/t* $125-$140
Accelerating Domestic Copper and Rare Earth Production with New AI-Powered, Low-Impact Mining Solution Toronto, Ontario | March 2, 2026 —
Novamera Inc. (“Novamera”) has completed a field deployment in Newfoundland (the “Project”), demonstrating a transformative, low-capex alternative
At the Canadian Institute of Mining (CIM) in St. John's, Novamera’s Allan Cramm took the stage to