Copper strategy theme 1: lifting the cover for South Australia to host future exploration discoveries
Providing world-class geoscience data and information as a foundation for competitive attraction of mineral exploration investment for greater quantity and quality of exploration
Theme 1 builds on the previous achievements of the highly successful PACE initiative and maintains South Australia’s position as an international leader for innovative exploration partnerships and
geoscience data and information delivery; a reputation that has been enhanced with the new South Australia Drill Core Reference Library at Tonsley, opened in February 2016.
The $20 million PACE Copper initiative, an early action of the copper strategy, was launched on 30 November 2015 by the Mineral Resources and Energy Minister Tom Koutsantonis.
PACE Copper is focused on capturing pre-competitive data with the aim of bringing forward mineral discoveries in the state, playing a vital role in driving the exploration investment and discovery of the new new high-quality resources required to meet South Australia's copper production goal of one million tonnes a year by 2030.
The aim of PACE Copper is to find the next major copper resource in South Australia. PACE Copper will deliver:
- the world's largest high-resolution airborne geophysical and terrain imaging program
- a 'rebirth' of exploration in the Gawler Craton
- industry–government collaborative drilling on new targets and domains
- world-class data and interpretation that will open up an untouched mineral province in the state's far west