Successful exploration applicants announced

24Jun

The State Liberal Government has announced the first round of successful applicants for its $10 million Accelerated Discovery fund which will assist in driving jobs and investment in South Australia’s resources industry during these difficult times.

The 14 successful applicants for the ADI were announced today during Copper to the World Online – the first major international copper conference since the onset of the pandemic.

Minister for Energy and Mining Dan van Holst Pellekaan said the government selected the successful applicants for Accelerated Discovery Initiative (ADI) funding from a competitive range of candidates, with many pushing the boundaries of conventional exploration.

“The resources sector underpins South Australia’s economy and the ADI is designed to deliver a pipeline of investment into the future,” said Minister van Holst Pellekaan.

“Several of the funded proposals from the $2.9 million first round are directed at targets in frontier exploration districts where successful outcomes have the potential to open up new search spaces.

“The South Australian Government is keen to push the boundaries of traditional exploration and may just bring us a step closer to uncovering the next Olympic Dam or Carrapateena-class deposit.

“Our state has developed one of the world’s most sustainable and technologically-advanced mining sectors.

“The Accelerated Discovery Initiative seeks to build on that foundation by encouraging proposals that contemplate both existing and emerging technologies and exploration techniques.

“South Australia’s international leadership in exploration innovation has ensured stable production, and the integration of new methodologies in mineral exploration will position the state to capture ongoing future success. 

Minister van Holst Pellekaan said the focus of this year’s Copper to the World conference is growing exports and jobs while developing opportunities for existing and emergent supply chain companies.

“Copper to the World showcases South Australia’s global attractiveness and vibrant copper sector, and will positively influence investment decisions, attract excellence in innovation, and cement our reputation as one of the best global investment destinations for copper,” he said.

“Our vision through the ADI and this conference is to enhance the reputation of what is already one of the world’s most sustainable and technologically-advanced mining regions for investors.”

  Proposal ID  Proponent Company  Project Name  Co-funding Activity Supported
85-EDDGO Gold LimitedTesting the Zambian Copper Belt model on the Stuart ShelfExploration Drilling, Geophysical Programs and Research Collaboration
117-GPHavilah Resources LimitedJupiter MT Anomaly Definition Study  Geophysical Program and Research Collaboration
100-GPBoss ResourcesUtilising 3D Passive Seismic and Slalom High-Definition Seismic reflectionGeophysical Program, Exploration Drilling and Aboriginal Employment
120-EDArgonaut ResourcesMurdie IOCG ProjectExploration Drilling, Geophysical Program, Logistical Support and Aboriginal Employment
135-EDPetratherm LtdEastern Mabel Creek Ridge (Deeps)Exploration Drilling
126-POCFQM ExplorationGeochemical Mapping of a copper mineral systemProof of Concept, Logistical Support and Aboriginal Employment
134-GPFMG ResourcesRoopena Fault Zone Infill Ground GravityGeophysical Program
94-EDMinotaur Exploration LtdUsing Innovation to enter a new Frontier- Taking new IOCG model to the Peake and Denison InliersExploration Drilling and Geophysical Program
105-EDHavilah Resources LtdInvestigation of REE Mineralisation in the Benagerie DomeExploration Drilling
123-GPFleet Space TechnologiesLarge arrays of wireless sensors for remote mapping of heat flowGeophysical Program, Research Collaboration and Proof of Concept
95-POCMarmota LtdExpressions of mineralisation in Surface Plant Biochemistry on the NW Gawler CratonProof of Concept, Exploration Drilling and Aboriginal Employment
108-GPAusmex Mining Group LtdIntrusive Related Mineral Systems, Delamerian Orogeny, Burra SAGeophysical Program and Exploration Drilling
113-RCAndromeda Metals LtdAndromeda metals Halloysite Quantification ProjectResearch Collaboration
86-GPFreeport-McMoRan Exploration AustraliaSouth Gawler ranges Infill GeophysicsGeophysical Programs