Contribution: Industrial Research Assistance Program – Contributions to Firms
8491844 CANADA CORP.
$250,000.00
Automated Drilling System using Advanced Control Techniques
FY 2024-25 · 2024-08-01
Summary
The mineral exploration industry requires a fully automated exploration drill, and the Drillco system is ready to address the market need by improving its already developed system. The firm has spent over a year creating a growth plan which includes the development of an online portal for clients to access all their drilling metrics data. Further, the firm plans to roll out mast automation features focused on improving productivity and safety. The Drillco Automation Phase 1 project focuses on the automation of rod pulling, thread make/break, along with the introduction of cruise mode.
Department
Program
Industrial Research Assistance Program – Contributions to FirmsIndustrial Research Assistance Program-Contributions to Firms (linked with high confidence)
Recipient
Location
North Bay|North Bay, Ontario, Canada
Recipient Type
For-profit organization
Business Number
816234249
Type
Contribution
Source
Proactive Disclosure - Grants and Contributions
As published
Agreement End Date
2025-03-21
Agreement Number
1021935
Agreement Start Date
2024-08-01
Agreement Title
Automated Drilling System using Advanced Control Techniques
Agreement Title (French)
Système de forage automatisé utilisant des techniques de contrôle avancées
Agreement Type
Contribution
Agreement Value
$250,000.00
Amendment Number
0
Coverage
IRAP Contributions to Firms projects stimulate wealth creation for Canada through technological innovation. | Les projets des Contributions aux entreprises stimulent la création de richesse au Canada grâce à l’innovation technologique.
Description
The mineral exploration industry requires a fully automated exploration drill, and the Drillco system is ready to address the market need by improving its already developed system. The firm has spent over a year creating a growth plan which includes the development of an online portal for clients to access all their drilling metrics data. Further, the firm plans to roll out mast automation features focused on improving productivity and safety. The Drillco Automation Phase 1 project focuses on the automation of rod pulling, thread make/break, along with the introduction of cruise mode.
Description (French)
L’industrie de l’exploration minière a besoin d’une foreuse d’exploration entièrement automatisée, et le système Drillco est prêt à répondre aux besoins du marché en améliorant son système déjà développé. L’entreprise a passé plus d’un an à élaborer un plan de croissance qui comprend le développement d’un portail en ligne permettant aux clients d’accéder à toutes leurs données de mesure de forage. En outre, l’entreprise prévoit de mettre en place des fonctions d’automatisation des mâts axées sur l’amélioration de la productivité et de la sécurité. La phase 1 du projet d’automatisation de Drillco se concentre sur l’automatisation du tirage des tiges, de la fabrication et de la rupture des fils, ainsi que sur l’introduction du mode croisière.
Expected Results
The purpose of IRAP Contributions to Firms is to support research, development, adoption and/or adaptation of innovative or technology-driven new or improved products, services or processes in Canada up to their commercialization
Expected Results (French)
Le PARI, par le biais des Contributions aux entreprises, vise à appuyer la recherche, le développement, l’adaptation et/ou l’adoption au Canada de produits, de services ou de processus novateurs ou axés sur des technologies nouvelles ou améliorées, et ce jusqu’à leur commercialisation
Federal Riding
Nipissing--Timiskaming
Federal Riding (French)
Nipissing--Timiskaming
Federal Riding Number
35070
NAICS Code
333130
Organization Code
nrc-cnrc
Organization
National Research Council Canada | Conseil national de recherches Canada
Program Name
Industrial Research Assistance Program – Contributions to Firms
Program Name (French)
Programme d’aide à la recherche industrielle – Contributions aux entreprises
Program Purpose
The purpose of IRAP Contributions to Firms is to support research, development, adoption and/or adaptation of innovative or technology-driven new or improved products, services or processes in Canada up to their commercialization
Program Purpose (French)
Le PARI, par le biais des Contributions aux entreprises, vise à appuyer la recherche, le développement, l’adaptation et/ou l’adoption au Canada de produits, de services ou de processus novateurs ou axés sur des technologies nouvelles ou améliorées, et ce jusqu’à leur commercialisation
Recipient Business Number
816234249
Recipient City
North Bay|North Bay
Recipient Country
CA
Recipient Legal Name
8491844 CANADA CORP.
Recipient Operating Name
Drillco Mining and Exploration
Recipient Postal Code
P1B 2P2
Recipient Province or Territory
ON
Recipient Type
F
Reference Number
172-2024-2025-Q2-1021935
