cyr drilling international

What cyr drilling international does

Cyr Drilling International Ltd. is a privately held Canadian contract diamond and geotechnical drilling company headquartered in Sunnyside, Manitoba. Founded by Gordon Cyr, the company operates through three divisions—Cyr Drilling International Ltd., Cyr Drilling USA, and Cyr Drilling Kivalliq—with 1.5 million+ meters of core drilled across 250+ projects in more than 12 countries. It serves mining and mineral exploration companies targeting diamonds, coal, gold, silver, uranium, copper, nickel, zinc, lead, and rare earth minerals, plus the Indigenous communities whose traditional territories host those projects. The senior management team—Gordon, Greg, and Todd Cyr, along with Walt Thompson, Chad Bozak, Wanda Deller, Tony Marinaro, and Dave Standrick—brings 175+ years of combined drilling experience.

The company's technical core is a specialized fleet of helicopter-portable and surface diamond drill rigs operating in extreme cold, permafrost, high elevation, desert, and jungle environments. Equipment includes the Golden Bear (1,800m+ BWL depth), BBS-37, EF-50 (2,300m NQ), A5 (1,300m N), Duralight 500N/800N aluminum helicopter-portable rigs, and the TACTEX X10 Long Stroke / SX-10 Shack Platform systems developed in partnership with TACTEX Industries in Val-d'Or, Quebec. Service offerings extend beyond drilling to include geotechnical installations, soil sampling, standard penetration tests, permafrost ice lense recovery, technical and logistical consulting, community consultation facilitation, camp setup/decommissioning, and remote-environment training. The company holds CDDA Drillers Excellence Certification and COR certification, distinguishing it from most global drilling competitors.

The business model is contract-based enterprise field sales: short-term and multi-year contracts with quote-based pricing positioned as competitive and transparent with no hidden fees. Distribution relies on direct client outreach, industry association memberships (CDDA, PDAC, AME BC), and—critically—prior engagement with local Indigenous communities in whose traditional territories work is located. The company maintains partnerships with nine+ First Nations (Webequie, Naicatchewenin, Whitesand, Wabigoon Lake, Clearwater River Dene, Kenawun Holdings, Boundary Waters Anishinaabeg Developments, and others) and holds an ownership stake with Webequie First Nation—an unusual structural arrangement that functions as both a distribution advantage and a social license to operate in Canadian exploration.

Name

cyr drilling international

Legal name

Cyr Drilling International Ltd.

Website

https://cyrdrilling.com

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

Cyr Drilling International is a privately held Canadian contract diamond and geotechnical drilling company serving mining and mineral exploration clients, with 1.5 million+ meters drilled across 12+ countries and strategic Indigenous community ownership partnerships.

Ownership category

akta.pro rank

Product category

Mineral Exploration Drilling Services

NAICS

Support Activities for Mining (213), Support Activities for Metal Mining (213114)

SIC

Metal Mining (1000)

akta.pro primary industry

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

akta.pro secondary industries

Mineral Exploration & Geoscience Services (Geology, Geophysics, Geochemistry, Resource Modeling) (IMAKAKAA), Mine Operations Contracting (Open-Pit & Underground Development, Production, Load/Haul) (IMAKAKAD)

Keywords

• Diamond drilling services
• Mineral exploration drilling
• Geotechnical drilling
• Helicopter portable drilling
• Contract drilling services

Headquarters

HQ city

Sunnyside

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Diamond Drilling Services: Contract-based diamond drilling services for mineral exploration of diamonds, coal, gold, silver, uranium, copper, nickel, zinc, lead, and rare earth minerals. Services offered under short-term and multi-year contracts.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels5 records

Core offering

Cyr Drilling International provides contract diamond drilling and geotechnical drilling services for mineral exploration programs targeting diamonds, coal, gold, silver, uranium, copper, nickel, zinc, lead, and rare earth minerals. The company also delivers technical and logistical consulting, community consultation services, camp setup and decommissioning, and remote environment training, leveraging a portfolio of specialized drill rigs ranging from helicopter-portable units to deep-capacity surface drills.

Product overview

Cyr Drilling International operates as a contract diamond and geotechnical drilling company offering a portfolio of specialized drill rigs and service offerings. Their equipment portfolio includes the Golden Bear, BBS-37, EF-50, A5, Duralight 500N, Duralight 800N, TACTEX X10 Long Stroke, and SX-10 Shack Platform drill rigs, ranging from lightweight helicopter-portable units to deep-capacity surface drills. Complementing their equipment are service offerings including diamond drilling for mineral exploration, geotechnical drilling, technical and logistical consulting, community consultation facilitation, and camp setup/decommissioning. The company also provides training services for remote environment operations.

Differentiator

Problem solved

Functional benefit

Products and services

• Diamond Drilling Services Contract-based diamond drilling services for mineral exploration of diamonds, coal, gold, silver, uranium, copper, nickel, zinc, lead, and rare earth minerals, offered under short-term and multi-year contracts.
• Geotechnical Drilling Services Geotechnical drilling including installations of monitoring equipment, soil sampling, standard penetration tests, and chiller unit system for undisturbed ice lense recovery in permafrost.
• Technical and Logistical Consulting Technical and logistical consultations for mineral exploration programs, including advisory services on logistics within remote locations, drilling techniques, and personnel requirements.
• Community Consultation Services Planning and facilitating public consultations with local communities for exploration projects.
• Camp Setup and Decommissioning Setting up and decommissioning camps for remote exploration operations.
• Remote Environment Training Training for employees on drilling and survival techniques in remote and harsh environments.
• Golden Bear Drills A powerful and reliable surface diamond drill manufactured in Val-d'Or, Quebec in collaboration with experienced drillers and engineers, with depth capacity exceeding 1,800 metres using BWL rods.
• BBS-37 Surface Drills A versatile medium to deep capacity drill easily moved via helicopter or transported in a unitized drill shack.
• EF-50 Drill A high-capacity helicopter-portable drill with maximum depth capability of 2,300 metres (7,546 feet) using NQ tooling.
• A5 Drills A helicopter-portable drill rig with 1,300 metre depth capacity using N-size tooling, mounted on two compact skids for deployment in remote or mountainous terrain.
• Duralight 500N Drill A lightweight aluminum helicopter-portable drill capable of drilling holes up to 500 metres with N-size tooling, ideal for remote locations where weight and portability are crucial.
• Duralight 800N Drill A lightweight helicopter-portable drill constructed entirely from aluminum, capable of drilling up to 800 metres with N-size tooling for remote location operations.

Quantifiable outcome

• Over 1.5 million meters of core drilled
• +2 more outcomes

Named customers1 record

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature8 records

Partnerships

Ten partnerships are on record, tiered core and minor.

• Webequie First NationcoreStrategic or Co-development PartnerNorthern Peninsula of Eastwood Island on Winisk Lake, Treaty #9 First Nation Territory. The company is in partnership with Webequie First Nation not only as collaborators but as part of the ownership group, reflecting commitment to meaningful Indigenous participation and shared success.
• Naicatchewenin First NationminorStrategic or Co-development Partner50km North of Devlin, Ontario, Treaty #3 First Nation Territory. The company contacts local Indigenous communities when responding to contract opportunities in their traditional territories.
• Whitesand First NationminorStrategic or Co-development PartnerArmstrong, Ontario. Partnership aimed at creating long-term relationships built on trust and mutual respect.
• Kenawun Holdings LPminorStrategic or Co-development PartnerRepresents Kingfisher First Nation (350km Northeast of Sioux Lookout) and Wunnumin Lake First Nation (360km Northeast of Sioux Lookout).
• Tara Tootoo FotheringhamminorStrategic or Co-development PartnerNunavut Baffin Island-based partner for Indigenous community engagement.
• Boundary Waters Anishinaabeg DevelopmentsminorStrategic or Co-development PartnerPartnership with Seine River First Nation, Nigigoonsiminikaaning First Nation, Couchiching First Nation, and Mitaanjigamiing First Nation—all part of Treaty #3 First Nation Territory in northwestern Ontario.
• Wabigoon Lake First NationminorStrategic or Co-development PartnerLocated at Dinorwick Lake 20kms southeast of Dryden, Ontario.
• Clearwater River Dene NationminorStrategic or Co-development PartnerLac La Loche, Saskatchewan, Treaty #8 First Nation Territory.
• Athabasca Catering Limited Partnership (ACLP)minorStrategic or Co-development PartnerSaskatoon, Saskatchewan-based catering and services partner for operations support.
• TACTEX IndustriescoreTechnology or IntegrationCollaborative development of the Golden Bear drill with experienced drillers and engineers. TACTEX Industries manufactures the X10 Long Stroke drilling system in Val-d'Or, Quebec—a historic hub of Canada's drilling industry.

Scale indicators4 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Major Drilling Group International: The largest diamond drilling contractor in the world and a direct competitor to Cyr for mineral exploration contracts across Canada and internationally. Multiple Cyr senior managers (Gordon Cyr, Greg Cyr, Todd Cyr, Chad Bozak, Wanda Deller) are alumni of Major Drilling.
• Boart Longyear: Global drilling services and equipment provider with a substantial diamond drilling fleet. Directly comparable in core product offering (contract diamond drilling for mineral exploration) and competes with Cyr on international tenders.
• Foraco International: Toronto-listed drilling contractor providing mineral exploration and geotechnical drilling services worldwide. Comparable in service mix (diamond drilling, geotechnical), target customers (mining majors and juniors), and remote-environment capability.
• Orbit Garant Drilling: Canadian-based contract drilling company with underground and surface diamond drilling services. Highly comparable in geography (Canada-centric), customer base (junior and senior miners), and service offerings.
• DMC Mining Services: Canadian-based mining contractor offering shaft sinking, underground construction, and drilling services to mining operators. Comparable in customer base and Canadian mining-services positioning.

Emerging players

• Geodrill: West African-focused mineral drilling contractor with growing international footprint. Comparable in core service offering (diamond drilling for mineral exploration) but differentiated geographically.

Regional players

• Capital Drilling: Mining and exploration drilling contractor primarily serving Africa and emerging markets. Comparable service mix (diamond and reverse-circulation drilling) but different geographic focus from Cyr's North America-heavy mix.

Broad incumbents

• Perenti (formerly Ausdrill): Large Australian-headquartered mining services group offering contract drilling, underground mining, and surface mining services. Comparable in drilling services but at significantly greater scale and broader service portfolio.
• North American Construction Group: Large Canadian heavy-equipment and site services provider with mining and resource-sector exposure. Comparable as a broader Canadian mining-services incumbent, though less specialized in exploration drilling.

Others

• TACTEX Industries: Manufacturer of the X10 Long Stroke drilling system and Cyr's technology partner for the Golden Bear drill. Comparable as a peer in the drilling ecosystem via equipment supply relationship.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/CyrDrilling
• Facebookfacebook.com/cyrdrilling
• LinkedInlinkedin.com/company/cyr-drilling-international

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about cyr drilling international