Exploration in WA continues to prosper

WA Department of Mines, Industry Regulation and Safety
  • Search for battery minerals dominates this round
  • Regions throughout Western Australia set to benefit
  • The successful applicants for Round 24 of the Exploration Incentive Scheme (EIS) co-funded drilling program and the second co-funded Energy Analysis Program (EAP) have been announced.

    A total of $6.35 million in grants is being offered to 51 exploration projects, while six EAP studies will receive a total of $245,000.

    More than 35 per cent of the drilling projects will be looking for battery minerals with 73 per cent of those searching for nickel. Other battery commodities on the companies’ exploration list include manganese, lithium, tantalum, rare earth elements and cobalt.

    The EAP grants were offered for core analysis and seismic reprocessing studies across the Carnarvon, Perth and Canning basins.

    The co-funded drilling program encourages innovative exploration in greenfields and under-explored areas of Western Australia, while the EAP promotes the re-analysis of existing data to better understand petroleum and geothermal systems.

    /Public Release. This material from the originating organization/author(s) may be of a point-in-time nature, edited for clarity, style and length. The views and opinions expressed are those of the author(s).View in full here.