Abstract: A drill rod changer assembly for a drill rig includes an elongated support shaft having a housing at each end for retaining ends of drill rods, the support shaft being adapted for removable attachment to a drill rig structure, a carousel-type drill rod spacer on the shaft and a pair of gripper arms adapted for removable attachment to a drill rig structure at spaced apart positions adjacent each end of the support shaft. A hydraulic actuation device rotates the support shaft and carousel drill rod spacer between a rod storage position and a rod usage position. Each gripper arm is moved between the drill rod storage and usage positions by hydraulic actuation devices on each arm. Each gripper arm carries a sliding gate member that opens and closes the housings in response to movement of the gripper arm.