SALT LAKE CITY – December 14, 2016 – Boart Longyear (www.BoartLongyear.com), the world’s leading provider of drilling services, equipment and performance tooling, has signed a licensing agreement with Deep Exploration Technologies Cooperative Research Centre (DET CRC) for the Wireless Sub, a new patent pending technology solution that enhances safety and productivity in diamond drilling.

The Wireless Sub couples the drill rig to the drill rods in the hole and provides more accurate, real-time measurement of drilling parameters – such as feed force, torque, water pressure, rotation speed, axial acceleration and tangential acceleration. Extensive DET CRC testing operations, using parameters monitored by the Wireless Sub, have achieved substantial gains in rate of penetration and bit life when compared to drilling operations at the same locations using information from traditional drill rig gauges.

“The Wireless Sub provides vital information from detailed parameters and is the next step in driving safe drilling productivity,” said Mike Ravella, Director of Geological Data Services for Boart Longyear. “We are very pleased to add the Wireless Sub to our suite of innovations. We look forward to commercializing it and developing additional applications for the technology in the future.”

Real-time data from remote drilling sites can be reviewed worldwide by exploration teams, and the technology’s data logging feature allows drillers to replicate the highest performing parameters in any drilling program.

The Wireless Sub was developed by DET CRC Participants and Affiliates, CSIRO, Globaltech Corporation, Epslog and Boart Longyear.

The Deep Exploration Technologies Cooperative Research Centre was established in 2010 under the Australian Government’s CRC Program to develop technologies to discover new mineral deposits at depth beneath barren rock cover.

About Boart Longyear

Boart Longyear is the world’s leading provider of drilling services, drilling equipment and performance tooling for mining and drilling companies globally. It also has a substantial presence in aftermarket parts and service, energy, mine de-watering, oil sands exploration and production drilling.

The Global Drilling Services division operates in over 30 countries for a diverse mining customer base spanning a wide range of commodities, including copper, gold, nickel, zinc, uranium, and other metals and minerals. The Global Products division designs, manufactures and sells drilling equipment, performance tooling, and aftermarket parts and services to customers in over 100 countries.

Boart Longyear is headquartered in Salt Lake City, Utah, USA, and listed on the Australian Securities Exchange in Sydney, Australia. More information about Boart Longyear can be found at www.boartlongyear.com. To get Boart Longyear news direct, visit www.boartlongyear.com/feed.