The Fort Worth Press - DIGITAL Co-Invests $4.0M in Novamera's Surgical Mining Technology to Strengthen North American Critical-Minerals Supply

USD -
AED 3.672498
AFN 62.999771
ALL 82.06033
AMD 368.209824
ANG 1.79046
AOA 918.000234
ARS 1398.3059
AUD 1.407925
AWG 1.80225
AZN 1.699016
BAM 1.68319
BBD 2.014527
BDT 122.775311
BGN 1.66992
BHD 0.37725
BIF 2975
BMD 1
BND 1.281294
BOB 6.911598
BRL 5.048099
BSD 1.000207
BTN 96.503322
BWP 13.583201
BYN 2.726365
BYR 19600
BZD 2.011601
CAD 1.37603
CDF 2252.50468
CHF 0.789899
CLF 0.023008
CLP 905.540265
CNY 6.814996
CNH 6.812975
COP 3794.85
CRC 452.511274
CUC 1
CUP 26.5
CVE 95.374978
CZK 20.977021
DJF 177.720099
DKK 6.44407
DOP 58.850004
DZD 132.916201
EGP 53.144779
ERN 15
ETB 156.175858
EUR 0.862297
FJD 2.210309
FKP 0.745062
GBP 0.746925
GEL 2.670297
GGP 0.745062
GHS 11.444954
GIP 0.745062
GMD 73.000222
GNF 8777.502075
GTQ 7.625047
GYD 209.258494
HKD 7.832805
HNL 26.601892
HRK 6.501298
HTG 130.92646
HUF 312.251026
IDR 17690
ILS 2.924802
IMP 0.745062
INR 96.802399
IQD 1310.5
IRR 1320949.999726
ISK 123.649959
JEP 0.745062
JMD 158.241248
JOD 0.708987
JPY 158.981498
KES 129.450167
KGS 87.450149
KHR 4011.502436
KMF 424.000202
KPW 900.049483
KRW 1509.554984
KWD 0.309098
KYD 0.833513
KZT 471.023099
LAK 21949.999964
LBP 89550.000089
LKR 330.512012
LRD 183.275009
LSL 16.695805
LTL 2.95274
LVL 0.60489
LYD 6.359839
MAD 9.224586
MDL 17.303671
MGA 4196.357878
MKD 53.157908
MMK 2099.427985
MNT 3578.349826
MOP 8.069452
MRU 39.989635
MUR 47.409595
MVR 15.399066
MWK 1740.999704
MXN 17.409297
MYR 3.975602
MZN 63.909783
NAD 16.657375
NGN 1372.340003
NIO 36.807704
NOK 9.27685
NPR 154.405487
NZD 1.715019
OMR 0.384502
PAB 1.000207
PEN 3.422764
PGK 4.42356
PHP 61.68903
PKR 278.560536
PLN 3.666498
PYG 6125.724515
QAR 3.645916
RON 4.510799
RSD 101.221953
RUB 71.199703
RWF 1462.799604
SAR 3.752456
SBD 8.032258
SCR 14.092342
SDG 600.477447
SEK 9.412295
SGD 1.281899
SHP 0.746601
SLE 24.613261
SLL 20969.502105
SOS 571.620366
SRD 37.227498
STD 20697.981008
STN 21.085063
SVC 8.751442
SYP 111.458438
SZL 16.702676
THB 32.739816
TJS 9.286861
TMT 3.5
TND 2.927516
TOP 2.40776
TRY 45.59312
TTD 6.780784
TWD 31.661975
TZS 2610.003025
UAH 44.17973
UGX 3771.214155
UYU 40.31911
UZS 12021.721544
VES 517.314502
VND 26363.5
VUV 118.295117
WST 2.706459
XAF 564.531176
XAG 0.013448
XAU 0.000224
XCD 2.70255
XCG 1.802644
XDR 0.702153
XOF 564.523888
XPF 102.636924
YER 238.649702
ZAR 16.709402
ZMK 9001.206174
ZMW 18.829392
ZWL 321.999592
  • RBGPF

    0.7200

    63.23

    +1.14%

  • CMSC

    -0.1800

    22.8

    -0.79%

  • CMSD

    -0.2100

    22.75

    -0.92%

  • BTI

    -0.2900

    66.06

    -0.44%

  • BCE

    0.1600

    23.98

    +0.67%

  • GSK

    0.7900

    51.05

    +1.55%

  • BP

    0.4500

    46.14

    +0.98%

  • AZN

    0.7200

    184.64

    +0.39%

  • NGG

    0.3100

    84.15

    +0.37%

  • RIO

    -2.4100

    100.92

    -2.39%

  • RYCEF

    0.0600

    15.45

    +0.39%

  • JRI

    -0.2300

    12.47

    -1.84%

  • VOD

    0.1500

    15.15

    +0.99%

  • BCC

    -2.1300

    65.47

    -3.25%

  • RELX

    -0.3800

    33.58

    -1.13%

DIGITAL Co-Invests $4.0M in Novamera's Surgical Mining Technology to Strengthen North American Critical-Minerals Supply
DIGITAL Co-Invests $4.0M in Novamera's Surgical Mining Technology to Strengthen North American Critical-Minerals Supply

DIGITAL Co-Invests $4.0M in Novamera's Surgical Mining Technology to Strengthen North American Critical-Minerals Supply

Accelerating Domestic Copper and Rare Earth Production with New AI-Powered, Low-Impact Mining Solution

Text size:

TORONTO, ON / ACCESS Newswire / March 2, 2026 / DIGITAL has committed $4.0 million in co-investment to support the development of the next phase ("Project") of Novamera Inc.'s ("Novamera") Surgical Mining technology, an AI-powered, low-impact mining method designed to unlock domestic critical-mineral resources across North America. The investment will advance copper and REE technology applications and establish a First-of-a-Kind (FOAK) permitting pathway in Ontario, creating a scalable model for faster, lower-risk mine development.

Securing reliable, domestic sources of critical minerals is a strategic priority for Canada. Electrification, defence modernization, and digital infrastructure advancements demand copper and rare-earth elements (REEs). At the same time, traditional mining approaches struggle to bring new supply online to meet current demands. Copper alone is projected to face a significant global supply gap within the next decade, potentially heightening risks to North American manufacturing, energy security, and industrial competitiveness.

While North America hosts extensive known mineral deposits, many remain stranded due to long permitting timelines, high capital requirements, and access challenges presented by narrow, deep, or remote deposit veins. Led by Novamera, in partnership with Northstar Gold Corp. and Micon International, the project aims to demonstrate a practical pathway to accelerate domestic production on a copper deposit while materially reducing the environmental footprint and upfront capital requirements.

Novamera's patented Surgical Mining solution integrates advanced subsurface imaging, AI-driven simulation, robotics, and conventional drilling equipment to precisely target mineralized zones. By selectively extracting ore and minimizing waste, the technology enables faster time-to-production and minimal environmental disturbance.

"North America has no shortage of critical minerals-we have a shortage of ways to bring them into production quickly and responsibly," said Jim Hollis, CEO, Novamera Inc. "Surgical Mining was built to solve that gap. With DIGITAL's support, we're accelerating a solution that can unlock domestic copper and rare earth supply faster, with lower capital and a far smaller environmental footprint."

"Mining is foundational to Canada's prosperity and long-term economic resilience," said Sue Paish, CEO of DIGITAL. "We're proud that our first co-investment with Novamera supported the development of 'Surgical Mining' to unlock access to narrow vein copper and rare earth deposits. This next phase will advance the technology to increase Canada's supply of critical minerals while reducing surface disruption and risk. Defence readiness and industrial competitiveness go hand in hand. By investing in Canadian companies such as Novamera, and accelerating the adoption of homegrown innovation, we will build more resilient supply chains, develop and retain intellectual property, and create high-quality jobs for Canadians."

The co-investment builds on Novamera's successful completion of a prior DIGITAL-supported project in 2025. That project-delivered in partnership with Memorial University of Newfoundland and two junior mining companies in Newfoundland-validated the Surgical Mining process under real-world conditions. It demonstrated key innovations in three-dimensional position control and real-time visualization, as well as key economic and environmental performance metrics that have since driven commercial adoption, reinforcing the technology's readiness for broader North American deployment. A detailed case study will be released in the coming weeks.

For more information, including videos and images of the Surgical Mining process, please contact:
Theresa Quick, Chief Revenue Officer, Novamera Inc. [email protected]

About Novamera

Founded in 2019, Novamera is revolutionizing how the world mines. Its patented Surgical Mining process enables precise, low-impact extraction of previously uneconomic narrow-vein deposits. By combining advanced subsurface imaging, AI-driven orebody modelling, and precision robotic extraction, Novamera helps mining companies unlock new resources with lower costs, faster timelines, and minimal environmental impact-creating a new category of sustainable, high-return projects.

About DIGITAL

DIGITAL connects technology builders and buyers to accelerate the adoption and commercialization of Canadian solutions. Established in 2018 under the Government of Canada's Supercluster Initiative, DIGITAL brings together industry leaders, SMEs, and post-secondary institutions to collaborate on large-scale projects that drive innovation and the development of technology solutions in sectors critical to Canada, such as mining and energy, housing, workforce development and health.  

Since inception, DIGITAL has delivered billions in projected revenue for Canadian companies, retained sovereign IP, launched hundreds of commercial products, and helped tens of thousands of Canadians gain the skills needed for the digital economy. digitalsupercluster.ca

SOURCE: Novamera



View the original press release on ACCESS Newswire

J.P.Cortez--TFWP