# GeologicAI

GeologicAI is an Asset Manager based in Calgary, Canada.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Calgary, Canada
- **Region:** North America
- **Address:** Calgary, Canada
- **Assets under management:** Undisclosed
- **Website:** www.geologicai.com
- **LinkedIn:** https://www.linkedin.com/company/geologicai

## Regulatory record

- **Reports private funds:** No

## About

GeologicAI innovates the tools, technologies, and solutions for the mining industry that enable the ability to make critical, complex decisions without compromising confidence. We are the only company combining high-fidelity data, robust analytics, and domain expertise at every stage of the mining cycle. Be confident in your decisions with core scanning, core logging, and resource modeling.

## Sectors

- AI/ML
- Industrial Tech
- Mining Technology

## People

- Grant Sanden — Chief Executive Officer
- Mark Dekaban — President, GeologicAI
- Mike Kelly — Board Chair

## Questions

### What does GeologicAI actually do?

GeologicAI provides core scanning hardware and AI-powered software for the mining industry. Its systems capture RGB, XRF, hyperspectral, and LiDAR data from drill core, then use machine learning to log lithology, mineralogy, and geochemistry. The output feeds into resource models and mine planning software. The firm claims its process is 4x faster than manual logging (per the company's website).

### Is GeologicAI an asset manager or a technology company?

GeologicAI is primarily a technology and services firm, not an asset manager. It sells scanning services, software subscriptions, and modeling consulting — it does not manage third-party capital or deploy investment funds. The firm does not disclose AUM or deployment figures.

### Who leads investment decisions at GeologicAI?

GeologicAI does not have an investment committee in the traditional sense. Strategic decisions are made by CEO Grant Sanden, President Mark Dekaban, and a board chaired by Mike Kelly. The firm's board includes Chen Fong, Clayton Deutsch, Benjamin Hogan, and Chris Rivest (per the company website).

### What is the Lumo Analytics acquisition?

In 2024, GeologicAI acquired Lumo Analytics, a firm that uses laser-induced breakdown spectroscopy (LIBS) for drill-core scanning. The deal added the ability to detect rare-earth elements and light elements, which GeologicAI says fills a gap in its sensor suite (per the firm, 2024). Financial terms were not disclosed.

### Which mining companies use GeologicAI?

GeologicAI states it is 'tried and trusted by industry leaders' and names Agnico Eagle as a client. In a video testimonial, Agnico Eagle's Quebec Exploration Manager David Paquin Bilodeau says the technology 'will give geologists the tools to do more and to see more with the same drill core.' Other specific client names are not disclosed on the company website.

### Does GeologicAI have any subsidiaries?

Yes. The parent company GeologicAI Inc. operates several subsidiaries: Resource Modeling Solutions (RMS), led by President Jared Deutsch; and Resource Exploration Strategies, led by President Patrick Redmond. Each subsidiary focuses on a different part of the mining value chain — modeling and exploration, respectively (per the firm website).

## Related profiles

- [Alger](https://altss.com/profile/alger)

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Last updated: 2026-06-03T20:00:00.000Z

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