Private Profile: VerAI Discoveries. Using AI to build a portfolio of new mineral targets

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Private Profile: VerAI Discoveries. Using AI to build a portfolio of new mineral targets

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Private Profile

VerAI Discoveries. Using AI to build a

portfolio of new mineral targets

Industry Problem: Finding new deposits is getting harder 26 June 2026

The mining industry faces declining discovery success rates as most of the more Equity

“obvious”, close-to-surface deposits have already been found. Remaining resources are Europe

typically under cover, making them more difficult to find with conventional exploration Non-Ferrous-Aluminum & Light

Metalsmethods which may rely on surface mapping and interpretation.

Using AI to identify new mineral targets. Portfolio. JasonResearchFaircloughAnalyst >>

MLI (UK)

VerAI Discoveries is an AI-driven mineral discovery company focused on identifying +44 20 7995 0225

concealed deposits using proprietary machine learning models applied to geophysical jason.fairclough@bofa.com

data. The company operates as a mineral asset generator, creating and securing projects Reinhardt van der Walt >>

Research Analyst

which are advanced through partnerships rather than internal development. VerAI MLI (UK)

focuses on identifying the profile of economic deposits rather than proxies such as Paul Kirjanovs >>

mineralisation or structure. The platform uses curated geophysical datasets and machine Research Analyst

learning models to detect patterns linked to known deposits. The approach is signal-

Felicity Robson >>

driven, not big-data driven, and avoids heavy interpretive workflows. Research Analyst

Business Model: Capital light. No desire to build a mine. Lawson Winder, CFA >>

To be clear, VerAI has no desire nor intention to actually build a mine or even to conduct Merrill Lynch (Canada)

its own exploration.