WA EIS Round 29 opens, two new geophysics programs
The WA Government has opened Round 29 of the Exploration Incentive Scheme’s (EIS) co-funded drilling program and Series 7 of the Energy Analysis Program (EAP), with applications welcomed from today.
Two new geophysics initiatives have also been launched following a State Budget funding increase for FY24.
WA Mines and Petroleum Minister David Michael says the State Government aims to position WA has a global supplier of future battery minerals and materials.
“Resources exploration remains a leading driver of WA’s economic success, so it is pleasing to see the Exploration Incentive Scheme deliver so many outstanding results,” he said.
“I look forward to learning more about the research and technology behind the new geophysics programs and how these tools will help uncover the next big mineral discovery.”
The inaugural Co-funded Geophysics Program (CGP) provides $2m for the generation of new geophysical information to support greenfields exploration with a focus on critical minerals.
A further initiative involves the EAP providing an additional $500,000 for a new geophysics acquisition category to better understanding energy and geothermal systems.
Recent EIS success stories include Gateway Mining intersecting a significant new zone of gold mineralisation at the company’s Montague project in the Murchison.
Kalgoorlie Nickel also reported success at its Highway deposit with the company confirming nickel sulphide prospectivity and lithium-caesium-rubidium bearing intrusives.
A total of 58% of the projects awarded in Round 28 were for exploring for critical minerals.
Applications for Round 29, Series 7 and Venture 1 (geophysics) close at 4 pm on Friday, 1 March 2024.
For more information visit: Exploration Incentive Scheme (EIS) (dmp.wa.gov.au)
