Boart Longyear Adds New Rigs to Meet the Demand of Expanding Exploration Budgets

SALT LAKE CITY, Utah — 28 March 2018 — Boart Longyear announces it is adding new exploration drill rigs to its Drilling Services fleet around the world to meet the demand of expanding exploration budgets.

 
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Above: Onsite working in Nevada for NuLegacy, the LF™160 top-drive coring rig with the FL262 FREEDOM™ Loader provides 100 percent hands-free rod handling.

 
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Above: The LF™350e with the FL262 FREEDOM™ Loader for hands-free rod handling.

Latin America

In Chile, a brand new LF™160 top-drive coring rig is being added to a current customer project where two LF160 rigs are already working onsite. The LF160 rig paired with the FL262 FREEDOM™ Loader provides 100 percent hands-free rod handling. This combination is even safer as it removes the driller’s assistant from the hazards associated with handling rods manually, including the risks of injury involved with adding or removing rods from the drill string, including rotating parts, heavy lifting, awkward body positions, pinch points, fatigue and repetitive strain.

North America

The Operations team in the United States is also adding two LF160 rigs and a brand new LF™350e rig. The LF350e is the latest deep coring surface rig that can reach up to a depth of 3,360 meters of NRQ™ W-Wall™ and can deliver 3050 meters of HQ core or 1800 meters of PQ core using HRQ™ W-Wall and PHD W-Wall™ rods. The LF350e rig also uses the FL262 FREEDOM Loader for hands-free and safer rod handling.

Also in the United States, the Boart Longyear engineers and technical services group is working on several up-fitting projects including adding a rod loader to an LR™90, a large rotary rig, and putting remote controls on an LR™90H large rotary horizontal rig to add drilling controls to a trailer that can be as far away as 100 feet – a big safety benefit to move drillers away from high-walls.

Africa

In Africa, the Company is purchasing two new Schramm T685WS rigs for multi-purpose drilling applications including exploration and adding two LF™230 surface coring drill rigs. The LF230 deep hole drill provides the features and the power required to get just about any job done, easily and efficiently. A 40,000-pound hoist allows for rig depth capacity beyond its class. The PQ Nitro-Chuck™ is field tested and designed to offer performance and reliability to conquer even the hardest projects. The LF230 is ideal for both wireline coring and rotary drilling with tri-cone bits.

Global Director of Commercial Drilling Services, Bob Buto commented, “Adding these new rigs to our global fleet is just another way that we are diligently working to meet the needs of our customers. We will continue to evaluate opportunities where we can help our customers meet their 2018 exploration goals using the latest technology. These new rigs help us meet safety and productivity goals by increasing our drill efficiency with features like the hands-free rod handling and visual wireline on the LF160 rig.”

About Boart Longyear

Established in 1890, Boart Longyear is the world’s leading provider of productivity solutions for diamond coring exploration, reverse circulation, large diameter rotary, mine dewatering, oil sands exploration, production and sonic drilling services. The Company also manufactures, markets, and services reliable drill rigs, drill string products, innovative down-hole instrumentation tools, and quality parts.

Boart Longyear is headquartered in Salt Lake City, Utah, USA, and listed on the Australian Securities Exchange in Sydney, Australia (ASX:BLY). More information about Boart Longyear can be found at www.boartlongyear.com. To get Boart Longyear news direct, follow us on Twitter, LinkedIn and Facebook.