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    Lee Caplin joins NovaRed Mining: MetalCore AI and project strategy for engineers

    July 21, 2026|

    Reviewed by Tom Sullivan

    Lee Caplin joins NovaRed Mining: MetalCore AI and project strategy for engineers

    First reported on MINING.com

    30 Second Briefing

    Movie producer and Penske Media co-founder Lee Caplin has joined NovaRed Mining’s advisory board to steer commercialisation and IP strategy for its MetalCore AI platform, which applies artificial intelligence, machine learning, computer vision and predictive analytics to more than 4.1 million geological records to generate exploration targets. The move follows the contentious appointment of former US Homeland Security secretary Kristi Noem, which prompted retired Navy commander Phil Ehr to resign from the board. NovaRed is positioning MetalCore AI as a second business pillar alongside its Wilmac copper-gold and Lamont Ridge projects in southern British Columbia, with shares closing at C60¢ for a C$23.4 million valuation.

    Technical Brief

    • NovaRed’s MetalCore AI geological database has expanded to more than 4.1 million individual records.
    • The platform integrates AI, machine learning, computer vision and predictive analytics to rank exploration targets.
    • MetalCore AI is being advanced in parallel with the Wilmac copper-gold and Lamont Ridge projects in southern B.C.
    • Advisory appointments now include Kristi Noem and former DHS spokeswoman Katie Zacharia alongside Lee Caplin.
    • Retired U.S. Navy commander Phil Ehr resigned from the advisory board specifically over Noem’s appointment.
    • NovaRed’s share price closed at C$0.60 in Toronto, equating to a C$23.4 million market capitalisation.
    • The stock has declined from about C$2 since Noem joined the company the previous month.
    • Management is explicitly positioning the business to serve North America’s critical minerals supply chain amid these governance changes.

    Our Take

    NovaRed Mining’s copper-gold focus at the Wilmac project in southern British Columbia puts it in the same provincial permitting and First Nations engagement environment as other recent BC copper items in our database, which often hinge on consent-based assessment frameworks rather than purely technical hurdles.

    MetalCore AI’s 4.1‑million‑record geological database, referenced alongside NovaRed, signals that early-stage explorers in North America’s copper and critical minerals space are increasingly pairing political or media-connected advisors with data-heavy targeting tools rather than traditional large greenfield drilling budgets.

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    Prepared by collating external sources, AI-assisted tools, and Geomechanics.io’s proprietary mining database, then reviewed for technical accuracy & edited by our geotechnical team.

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