Northwire Canada EditionFriday, October 16, 2026
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GOLD 4170.10 +1.5% SILVER 57.16 +2.3% COPPER 6.56 −1.5% OIL 97.97 +3.0% PALLADIUM 1136.00 +3.6% LUN 32.91 +0.6% DLP 0.290 −3.3% VCV 0.065 −13.3% GG 2.89 +1.4% NBLC 0.015 +0.0% SF 0.300 −4.8% ATY 0.215 +2.4% GHL 0.060 −7.7% STND 0.060 −7.7% B 0.550 −3.5% HBM 34.33 −0.5% NTR 98.77 −0.7% SGZ 0.035 +0.0% MKA 0.670 +0.0% LXM 0.175 −18.6% CLCH 1.08 −1.8% GOLD 4170.10 +1.5% SILVER 57.16 +2.3% COPPER 6.56 −1.5% OIL 97.97 +3.0% PALLADIUM 1136.00 +3.6% LUN 32.91 +0.6% DLP 0.290 −3.3% VCV 0.065 −13.3% GG 2.89 +1.4% NBLC 0.015 +0.0% SF 0.300 −4.8% ATY 0.215 +2.4% GHL 0.060 −7.7% STND 0.060 −7.7% B 0.550 −3.5% HBM 34.33 −0.5% NTR 98.77 −0.7% SGZ 0.035 +0.0% MKA 0.670 +0.0% LXM 0.175 −18.6% CLCH 1.08 −1.8%
M&A / Property

Reeflex Solutions Inc. Announces Delivery of AC-Driven Electric Injector to XtremeX Mining Technology, Supporting Development of Next-Generation Hybrid Coiled Tubing Drilling Platform

RFX · Price

Executive Summary

  • Reeflex’s subsidiary Coil Solutions Inc. delivered an 80,000‑lb AC electric injector to XtremeX Mining Technology (XMT), marking the first integration of CSI’s hydraulic injector head with XMT’s hybrid coiled‑tubing drilling platform.
  • The delivery demonstrates Reeflex’s move into high‑growth mining and industrial markets beyond its traditional oil & gas focus.
  • Both companies intend to continue collaboration as XMT advances its hybrid drilling system toward commercialization.

Key Details

  • Product Delivered: 80,000‑lb AC electric injector (electrified injector head).
  • Delivery Date: January 26 2026.
  • Recipient: XtremeX Mining Technology (XMT).
  • Purpose: Component of XMT’s Hybrid Coiled Tubing Drilling platform – combines CSI’s field‑proven hydraulic injector design with XMT’s electric drive, controls, and automation.
  • Strategic Significance: First milestone expanding Reeflex’s engineering expertise into mining, geothermal, and other industrial applications that leverage electrification and automation.
  • Operational Benefits Claimed: Improved safety, higher operational efficiency, reduced total cost per drilled meter of geological information, increased data quantity and quality.
  • Future Outlook: Reeflex anticipates ongoing collaboration with XMT as the hybrid drilling platform moves toward commercialization.

Notable Quotes

  • “The successful delivery of this injector head marks a meaningful step in demonstrating how our engineering capabilities can extend into new, technology‑driven markets,” – John Babic, President & CEO, Reeflex Solutions Inc.
  • “This collaboration is focused on integrating proven technologies, not reinventing them,” – Charlie Proulx, Co‑Founder, XMT.
Read the original news release →

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