
Exploration gets a boost in WA
Exploration gets a boost in WA Grants worth $6.6m have been allocated to 39 recipients of the 32nd round of the WA Government exploration incentive scheme (EIS) co-funded drilling program. By sharing the financial risk of early-stage exploration, the EIS enables companies to pursue high-potential projects that may otherwise be considered too risky or cost-prohibitive. The long running scheme is considered highly successful with Lord Resources reporting success under the previous round at its Ilgarari project, where two co-funded drillholes intersected primary copper mineralisation. Copper exploration has also yielded promising results for Redstone Resources, which recovered a 10m zone of continuous copper mineralisation from a co-funded...









