Novamera is disrupting the traditional mining industry by enabling the efficient and sustainable mining of previously uneconomic or marginal narrow vein mineral deposits. The company’s core technology is a downhole sensor that acts as the guidance system to enable conventional, commercially available drilling equipment to precisely extract ore and leave the waste in the ground.
By offering a low capex, scalable surgical mining solution guided by a proprietary downhole sensor, Sustainable Mining by Drilling (“SMD”) makes it possible to generate immediate free cash flow and robust rates of return with a lower risk profile.