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IDEA Drilling announces appointment of new President/CEO

Virginia, MN - June 28, 2017 - IDEA Drilling, which offers surface coring, underground coring, environmental, sonic, and RC (Q3 2017) drilling services announces the appointment of Julian Collins as President/CEO. IDEA Drilling also owns and operates Marcus and Marcus Drilling and Minex Drilling Products. Collins will oversee all three companies which have locations in Virginia; MN, Elko; NV, and Coeur D'Alene, ID and a fleet of 28 drill rigs.

IDEA Drilling has provided exceptional core drilling and surveying services since 1997. They are rapidly growing and utilizing the most advanced drilling and surveying technology available.

Marcus and Marcus began operations in 1985 and specializes in Diamond Core Drilling utilizing light weight, flyable rigs mounted on trucks, tracks, rubber tires or skids.

Minex has been a leading supplier of tools and products for the mining and exploration industry for over thirty years. Additionally, Minex provides down hole surveying services.

Collins brings to IDEA Drilling 17 years of drilling services experience. He has a Bachelor of Science degree in Engineering Geology and Hydrogeology with a Masters in Business Administration. "IDEA Drilling has a deep and rich history, particularly in the Iron Range region, and is in a fantastic position to continue its growth by providing a wide array of services to our clients as the market continues to improve. It is an absolute pleasure to be able to offer leadership to this great organization. With offices and infrastructure strategically located and already in place, we will safely service our clients' drilling needs," Collins said.

The founders, Dick and Pam Backstrom, have continued their positions on the Board of Directors. Dick Backstrom, who is now Chairman of the Board, is extremely excited to have Collins on board to lead IDEA Drilling into the future. Dick stated, "Julian brings a very unique talent to the industry and our company in particular. He is a hands-on leader with great vision, is very customer oriented, and puts safety and the well-being of the employees first. We are very pleased to have Julian on board and excited for the future."