Grants and Contributions:

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Title:

Development of additional features for mineral identification AI

Agreement Number:

1001742

Agreement Value:

$499,000.00

Agreement Date:

Dec 1, 2022 - Nov 30, 2023

Description:

Further develop a scalable industry-leading AI accelerated core logging system to improve the pace and consistency of core drill core logging, which represents one of the largest bottlenecks in the mining life cycle with no signs of improving. This project will address major challenges in the industry by improving productivity and consistency of core logging through Machine Learning (ML), a subdomain of Artificial Intelligence (AI). IRAP funding will allow KORE to accelerate development and ultimately commercialize new products faster. The proposed solution(s) are a direct result of market research and voice of customer studies and are specifically designed to solve customer identified needs and challenges.

Organization:

National Research Council Canada

Expected Results:

The purpose of IRAP Contributions to Firms is to support research, development, adoption and/or adaptation of innovative or technology-driven new or improved products, services or processes in Canada up to their commercialization

Location:

Toronto, Ontario, CA M5V 2L1

Reference Number:

172-2022-2023-Q4-1001742

Agreement Type:

Contribution

Report Type:

Grants and Contributions

Recipient Business Number:

821402963

Recipient Type:

For-profit organization

Recipient's Legal Name:

Kore GeoSystems Inc.

Federal Riding Name:

Spadina--Fort York

Federal Riding Number:

35101

Program:

Industrial Research Assistance Program – Contributions to Firms

Program Purpose:

Coverage:

IRAP Contributions to Firms projects stimulate wealth creation for Canada through technological innovation.

NAICS Code:

54199