The Government of Ontario has awarded $1.37m to Boart Longyear Canada to support the development of a mineral exploration drilling site and drilling systems technology.
The Northern Ontario Heritage Fund Corporation (NOHFC) invests in these projects to improve safety for drillers and reduce drilling costs.
Ontario Minister of Northern Development and Mines Michael Gravelle said: “The Ontario Government is very pleased that Boart Longyear’s management team has chosen the Sudbury region for its newest R&D facility.
“It is a very significant step in building up our R&D mining cluster in Northern Ontario.”
Boart Longyear will get the support of the NOHFC and a corporate capital investment to work at the Northern Centre for Advanced Technology (NORCAT) to test and develop several technologies.
The technologies include driller-deployable geochemical technologies and other new technologies that will increase productivity.
Boart Longyear president and CEO Jeff Olsen said: “We are grateful to the Government of Ontario for its significant commitment to our efforts to improve safety, increase efficiency and reduce drilling costs.
“Its investment will pay long-lasting dividends to the mining industry in Northern Ontario and around the world.”
Boart Longyear provides drilling services, drilling equipment and performance tooling for mining and drilling companies globally.
The company also offers aftermarket parts and service, energy, mine de-watering, oil sands exploration and production drilling.