What Orbit Garant does

Orbit Garant Drilling Inc. (TSX: OGD) is a Canadian mineral drilling services company headquartered in Val-d'Or, Quebec, formed in 2007 through the merger of Orbit Drilling (founded 1986 by Pierre and Bernard Alexandre) and Garant & Brothers Drilling (founded 1965). The company provides underground core drilling, surface core drilling, surface reverse circulation drilling, directional drilling, and geotechnical drilling services to major, intermediate, and junior mining companies across all stages of exploration, development, and production. Operations span Canada (Quebec, Ontario, New Brunswick), Chile (Orbit Garant Chile S.A.), and Guyana (OGD Drilling Guyana Inc.), supported by approximately 1,300 employees and 180 drill rigs as of Q3 2026.

The company operates a fleet that includes the proprietary YU-1000-MC computer-controlled underground wagon drill — marketed as the industry's most efficient underground drill rig — alongside large modular heli-portable surface rigs capable of reaching 3,000-metre depths, heavy-duty Schramm reverse circulation rigs, and specialized directional core barrels. All rigs are equipped with computerized monitoring and control technology that enables real-time drilling progress, core sample viewing, and on-demand performance reporting, delivering 30%+ productivity gains and up to 50% reductions in program duration versus conventional methods. Vertically-integrated manufacturing is conducted through the wholly-owned Soudure Royale subsidiary, which designs and builds customized drill rigs, water recirculation systems, heat exchange systems for cold-climate operations, and drill rod/core barrel handlers. The company also holds UL ECOLOGO® certification for mineral exploration sustainability practices.

Orbit Garant generates revenue primarily through contract drilling services billed on a per-metre basis with multi-year contract structures. In Q3 2026, revenue of C$51.4 million split between Canada (C$36.3M) and international operations (C$15.1M); YTD 2026 revenue reached C$146.0 million. A new five-year specialized drilling contract with a major gold mining customer is expected to generate over C$100 million. The company employs a participatory enterprise field sales model — bidding directly on requests for proposals from mining customers — with no resellers or channel partners. Additional revenue comes from third-party drill rig manufacturing and equipment sales through Soudure Royale. Pricing is determined contract-by-contract with revenue per metre varying by project type, depth, and geology.

Name

Orbit Garant

Legal name

Services de Forage Orbit Garant inc.

Website

https://orbitgarant.com

Company type

Public

Founded year

2007

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Orbit Garant Drilling Inc. (TSX: OGD) is one of Canada's largest mineral drilling services companies, providing underground, surface, directional, reverse circulation, and geotechnical drilling to mining companies across Canada, Chile, and Guyana using a fleet of approximately 180 drill rigs and a vertically-integrated manufacturing subsidiary.

Ownership category

akta.pro rank

Product category

Mineral Drilling Services

NAICS

Support Activities for Metal Mining (213114)

SIC

Mining Machinery & Equip (No Oil & Gas Field Mach & Equip) (3532)

akta.pro primary industry

Exploration & Production Drilling Services (RC, Core, Directional, Sonic, Auger) (IMAKAKAB)

akta.pro secondary industry

Drilling Rigs & Drill Systems (IMAHAMAA)

Keywords

• Mineral drilling services
• Surface core drilling
• Underground core drilling
• Reverse circulation drilling
• Directional drilling services

Headquarters

HQ city

Quebec

HQ country

Canada

HQ region

North America

Offices7 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Supply Chain, Technology or R&D, Marketing or Sales

Revenue model

1. Drilling services contracts: Orbit Garant generates revenue primarily through mineral drilling services contracts with mining companies. Revenue is earned on a contract/project basis, with contracts spanning various lengths including multi-year terms (a new five-year specialized drilling contract in Canada is expected to generate over $100 million in revenue). The company operates both in Canada and internationally (Chile, Guyana). Revenue is driven by metres drilled and revenue per metre, influenced by commodity prices (gold and copper) and overall mining industry activity. Revenue for Q3 2026 was $51.4 million with Canada contributing $36.3 million and international $15.1 million.
2. Drill rig and equipment manufacturing: Orbit Garant manufactures specialized and customized drill rigs for its own operations as well as conventional drill rigs for third parties, providing an additional revenue stream. The company's vertically-integrated manufacturing plant in Val-d'Or provides comprehensive maintenance services for drills, maintains performance quality, safety and reliability, and stocks spare parts to reduce on-site downtime.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Orbit Garant provides specialized mineral drilling services to mining companies across all stages of exploration, development, and production, covering surface drilling, underground drilling, reverse circulation drilling, directional drilling, and geotechnical drilling. Services are delivered using a fleet of approximately 180 drill rigs with computerized monitoring technology, supported by vertically-integrated drill rig and equipment manufacturing through the Soudure Royale subsidiary. Operations span Canada, Chile, and Guyana with approximately 1,300 employees and a UL ECOLOGO certification for mineral exploration.

Product overview

Orbit Garant Drilling is a mineral drilling services company offering five core drilling service categories: Surface Drilling, Underground Drilling, Reverse Circulation Drilling, Directional Drilling, and Geotechnical Drilling. The company operates as a vertically integrated business, combining its drilling services with proprietary equipment manufacturing through its Soudure Royal subsidiary. The drilling services are supported by computerized monitoring and control technology that enables real-time progress tracking, core sample viewing, and performance reporting. With more than 175 drill rigs, the company provides services to mining companies through all stages of exploration, development, and production.

Differentiator

Problem solved

Functional benefit

Products and services

• Surface Drilling Services Surface mineral drilling services conducted in Canada and internationally for over 20 years, including specialized drilling in challenging environments such as high altitudes and extreme temperatures. The company manufactures customized heli-portable drill rigs capable of drilling to depths of 3,000 metres for hard-to-reach project sites. Provided to mining companies across all stages of exploration, development, and production.
• Underground Drilling Services Underground drilling services led by the proprietary YU-1000-MC computer-controlled wagon drill fitted with positioning tables and a drill rod/core barrel handler. Marketed as the industry's most efficient underground drill rig for all types of underground environments, offering fully integrated mobile drilling solutions, 40% higher productivity versus conventional methods, and optimal ergonomic design to reduce injury risks. Provided to mining companies requiring underground exploration and production drilling.
• Reverse Circulation Drilling Services Reverse circulation (RC) drilling services offered through the Drift Exploration Division, utilizing heavy-duty Schramm drill rigs and the latest RC impact hammers and other equipment. Specializes in exploration, mining, and quality control of RC samples for mining companies.
• Directional Drilling Services Complex directional core drilling using directional core barrels, cutting-edge instrumentation, drilling wedges, and other specialized tools and techniques. Achieved record deep-hole performance on multiple drilling projects. Provided to mining customers requiring precise, multi-directional drilling in deep holes.
• Geotechnical Drilling Services Specialized geotechnical drilling services using multi-purpose and diamond drills in numerous configurations to prepare boreholes and collect water, soil, and rock samples. Used for determining geological conditions, construction preparation (bridges, roads, buildings), contamination source and magnitude determination, and mineral checking. Provided to engineering and environmental consulting firms, mining companies, and government agencies.
• Drill Rig Manufacturing Vertically-integrated manufacturing of specialized and customized drill rigs, water recirculation systems, heat recovery systems, and drill rod/core barrel handlers through the Soudure Royale subsidiary. Produces drill rigs for Orbit Garant's own operations as well as conventional drill rigs for sale to third parties, with reduced costs and shorter turnaround times compared to purchasing third-party equipment. Also provides comprehensive maintenance services and spare parts for drills to reduce on-site downtime.

Quantifiable outcome

• 30% greater productivity compared to conventional drilling
• +5 more outcomes

Named customers2 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability2 records

Feature10 records

Partnerships

One partnership is on record.

• U92 Energy Corp.notableStrategic or Co-development Partner · 2 March 2026Orbit Garant (through its subsidiary OGD Drilling Guyana Inc.) entered into a commercial agreement with U92 Energy Corp. for a 5,000 metre diamond drill program at U92 Energy's Kurupung Uranium Project in Guyana. The phase one program focuses on resource validation and expansion at Aricheng South and Accori North C deposits, building on historical resources of 10.6 million pounds indicated and 10.0 million pounds inferred uranium. Mobilization commenced shortly after the agreement. This represents Orbit Garant's expansion into uranium exploration drilling in South America.

Scale indicators10 records

Recent moves7 records

Expansion highlights4 records

Broad incumbents

• Epiroc AB: Sweden-listed mining and infrastructure equipment manufacturer (former Atlas Copco mining division) that also provides drilling and rock excavation services — broad incumbent with overlapping surface/underground drilling capability alongside its dominant equipment franchise.
• Boart Longyear Group: Largest global drilling services and products company with mining drilling services operations worldwide plus in-house drill bit/rod manufacturing — directly overlaps Orbit Garant's surface and underground drilling offering at the broadest incumbent scale.

Emerging players

• Geodrill Limited: TSX-V-listed exploration drilling services company focused on West African gold and base-metals projects offering surface core and RC drilling — a smaller-scale, geography-specialized comparable on overlapping drilling service lines.
• Capital Drilling Group (KCA Deutag): Integrated drilling and engineering services provider (formerly Capital Drilling International) serving mining customers across Africa, Asia, and the Americas — comparable on contract mineral drilling service lines and project-based revenue model.

Direct peers

• Major Drilling Group International Inc. TSX-listed Canadian-headquartered mineral drilling services contractor offering surface and underground core, reverse-circulation, and directional drilling to major, intermediate, and junior mining companies globally — the closest direct competitor to Orbit Garant.
• Foraco International SA: TSX-listed global mineral drilling services firm providing surface and underground drilling for mining customers worldwide — directly comparable on product mix (RC, core, directional), customer segments, and project-based contract model.

Regional players

• Perenti Limited (formerly Ausdrill): ASX-listed Australian mining services contractor with surface and underground drilling, RC, and geotechnical offerings primarily across Australia, Africa, and select international markets — a region-specific comparable with overlapping mining drilling services.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Subsidiaries4 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A3 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Orbit Garant