What Is Veracio and How Does It Relate to Boart Longyear?

Updated

Veracio is the part of the Boart Longyear organization focused on redefining mineral exploration through emerging technologies, delivered as industry-leading products and services. If you are trying to understand how a drilling company also sells geological data technology, the short answer is that Boart Longyear separates its drilling services, equipment, and geological data technology into distinct but connected parts—and Veracio is the geological data side.

Where Veracio sits in the Boart Longyear structure

Boart Longyear describes itself as a provider of drilling services, drilling equipment, and performance tooling for mining and drilling companies, operating since 1890. Its homepage groups what it offers into four areas:

  • Drilling Services — mineral exploration drilling, water services, and production drilling delivered by a contractor.
  • Products — tooling and drill rigs.
  • Geological Data Services — the category that Veracio belongs to.
  • Careers — hiring across what it calls the world's largest drilling company.

So Veracio is not a separate drilling contractor. It is the technology and data-facing arm within the same organization, aimed at the exploration stage rather than the physical drilling itself.

What Veracio actually does

The site's description of Veracio is consistent and narrow: it is "focused on redefining the future of mineral exploration through innovative and emerging technologies delivered through industry-leading products and services."

Two concrete capabilities are named on the homepage:

  • TRUSCAN™ — presented alongside the phrase "Block Assays on the day."
  • Block assays on the day — the promise that assay results for block samples can be available the same day, rather than after a lab turnaround.

That pairing is the clearest signal of what Veracio is for: getting geochemical information back faster during exploration, so decisions about where to drill next are not stalled waiting on assays.

How the relationship works in practice

Layer Who provides it What you get
Physical drilling Boart Longyear Drilling Services Exploration, water, and production drilling
Equipment and tooling Boart Longyear Products Drill rigs and performance tooling
Exploration technology and data Veracio Emerging tech, TRUSCAN, same-day block assays

For a mining or exploration company, this means you can contract the drilling and the data technology from the same organization, or engage with the Veracio side specifically if your interest is in faster assay turnaround and exploration data rather than rigs and crews.

What to check before assuming it fits your project

  • Scope: Veracio is described around mineral exploration. If your need is water drilling or production drilling, that sits under Drilling Services, not Veracio.
  • Availability and terms: The site does not publish pricing, licensing, or service-area details for Veracio products. Confirm commercial terms and regional availability directly.
  • Fit of "same-day" assays: The homepage states "Block Assays on the day" as a capability. Verify sample types, volumes, and site conditions under which that applies before planning a program around it.

The practical takeaway: Veracio is Boart Longyear's mineral exploration technology and geological data arm, distinct from its drilling services and equipment lines, and best understood through its TRUSCAN and same-day block assay offering.