Expanding Exploration Investment in Territory

NT Government

The Territory Labor Government is expanding new exploration opportunities and continuing to drive investment and jobs across the Territory.

A record $1.7 million in grants to support 18 projects from 15 companies have now been awarded under the latest Geophysics and Drilling Collaboration program.

For the first time since the Resourcing the Territory initiative was launched, projects have also been able to access co-funding to support brownfields drilling programs.

This expansion backs up the recommendations of the Territory Economic Reconstruction’s final report.

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