16 June 2022
A series of South Australian mineral exploration projects will be fast-tracked using innovative technologies and techniques thanks to State Government funding.
The $3.26 million in co-funded Accelerated Discovery Initiative (ADI) grants have been awarded to 17 projects.
The 2021 Fraser Institute report, which comprised assessment of more than 240 jurisdictions, put South Australia in the top ten for mining exploration and drilling due to its modern policy settings and ease to do business.
This round of co-financing for mineral exploration activities attracts exploration investment, seeking to bring forward new mineral resource discoveries, and creates jobs.
Industry participants and commodities of focus for the latest round of the ADI
| Company | Key commodity |
|---|---|
EnviroCopper Limited | Copper |
Havilah Resources | Iron-sulfide copper gold (ISCG), platinum group elements and rare earth elements (REE) |
IGO Limited | Sediment-hosted copper |
Inception Consulting Engineers | Uranium |
Indiana Resources Limited | Zinc and nickel |
Lady Alice Mines | Gold |
OneSteel Manufacturing | Iron ore |
OZ Minerals | Iron oxide copper gold (IOCG) |
Petratherm Limited | Broken Hill style and iron-sulfide copper gold (ISCG) |
Petratherm Limited | Iron oxide copper gold (IOCG) |
Roma Resources SA Pty Ltd | Gold |
Roma Resources SA Pty Ltd | Gold |
Roma Resources SA Pty Ltd | Gold |
| Seasaw Resources Pty Ltd | Copper, gold, REE, lead and zinc |
Strikeline Resources Pty Ltd | Rare earth element (REE) |
Strikeline Resources Pty Ltd | Copper |
Woomera Mining Limited | Nickel and copper |
Data uncovered through these projects will be published on publicly available databases to be mined for future exploration and mining projects.
