Boart Longyear awarded drilling research grant

By |  September 27, 2016

Boart Longyear was awarded a $1.37 million grant from the government of Ontario to support the development of a mineral exploration drilling site and drilling systems technology.

According to Boart Longyear, investments in projects like this by the Northern Ontario Heritage Fund Corp. (NOHFC) have the potential to improve safety for drillers, increase efficiency, reduce drilling costs and create jobs once products are commercialized.

Michael Gravelle, minister of northern development and mines for the provincial government and chair of the NOHFC, joined Boart Longyear President and CEO Jeff Olsen and other Boart Longyear executives at the company’s booth at MINExpo International 2016, to discuss the award.

“The Ontario government is very pleased that Boart Longyear’s management team has chosen the Sudbury, [Ontario, Canada], region for its newest R&D facility,” Gravelle says. “It is a very significant step in building up our R&D mining cluster in northern Ontario.”

With the support of the NOHFC funding as well as a matching corporate capital investment, Boart Longyear will work at the Northern Centre for Advanced Technology (NORCAT) to test and develop several technologies, including driller-deployable geochemical technologies and other new technologies that will increase productivity.

“We are grateful to the government of Ontario for its significant commitment to our efforts to improve safety, increase efficiency and reduce drilling costs,” Olsen says. “Its investment will pay long-lasting dividends to the mining industry in northern Ontario and around the world.”

 

 

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Kevin Yanik

About the Author:

Kevin Yanik is editor-in-chief of Pit & Quarry. He can be reached at 216-706-3724 or kyanik@northcoastmedia.net.

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