24/06/2020 | Dan van Holst Pellekaan MP | More Jobs

The State Liberal Government has announced the first round of successful applicants for its $10 million Accelerated Discovery fund which will assist in driving jobs and investment in SA’s resources industry during these difficult times.

The 14 successful applicants for the ADI were announced today during Copper to the World Online - the first major international copper conference since the onset of the pandemic.

Minister for Energy and Mining Dan van Holst Pellekaan said the government selected the successful applicants for Accelerated Discovery Initiative (ADI) funding from a competitive range of candidates, with many pushing the boundaries of conventional exploration.

“The resources sector underpins South Australia’s economy and the ADI is designed to deliver a pipeline of investment into the future,” said Minister van Holst Pellekaan.

“Several of the funded proposals from the $2.9 million first round are directed at targets in frontier exploration districts where successful outcomes have the potential to open up new search spaces.

“The South Australian Government is keen to push the boundaries of traditional exploration and may just bring us a step closer to uncovering the next Olympic Dam or Carrapateena-class deposit.

“Our state has developed one of the world’s most sustainable and technologically-advanced mining sectors.

“The Accelerated Discovery Initiative seeks to build on that foundation by encouraging proposals that contemplate both existing and emerging technologies and exploration techniques.

“South Australia’s international leadership in exploration innovation has ensured stable production, and the integration of new methodologies in mineral exploration will position the state to capture ongoing future success.

Minister van Holst Pellekaan said the focus of this year’s Copper to the World conference is growing exports and jobs while developing opportunities for existing and emergent supply chain companies.

“Copper to the World showcases South Australia’s global attractiveness and vibrant copper sector, and will positively influence investment decisions, attract excellence in innovation, and cement our reputation as one of the best global investment destinations for copper,” he said.

“Our vision through the ADI and this conference is to enhance the reputation of what is already one of the world’s most sustainable and technologically-advanced mining regions for investors.”

Proposal ID

Proponent Company

Project Name

Co-funding Activity Supported

85-ED

DGO Gold Limited

Testing the Zambian Copper Belt model on the Stuart Shelf

Exploration Drilling, Geophysical Programs and Research Collaboration

117-GP

Havilah Resources Limited

Jupiter MT Anomaly Definition Study

Geophysical Program and Research Collaboration

100-GP

Boss Resources

Utilising 3D Passive Seismic and Slalom High-Definition Seismic reflection

Geophysical Program, Exploration Drilling and Aboriginal Employment

120-ED

Argonaut Resources

Murdie IOCG Project

Exploration Drilling, Geophysical Program, Logistical Support and Aboriginal Employment

135-ED

Petratherm Ltd

Eastern Mabel Creek Ridge (Deeps)

Exploration Drilling

126-POC

FQM Exploration

Geochemical Mapping of a copper mineral system

Proof of Concept, Logistical Support and Aboriginal Employment

134-GP

FMG Resources

Roopena Fault Zone Infill Ground Gravity

Geophysical Program

94-ED

Minotaur Exploration Ltd

Using Innovation to enter a new Frontier- Taking new IOCG model to the Peake and Denison Inliers

Exploration Drilling and Geophysical Program

105-ED

Havilah Resources Ltd

Investigation of REE Mineralisation in the Benagerie Dome

Exploration Drilling

123-GP

Fleet Space Technologies

Large arrays of wireless sensors for remote mapping of heat flow

Geophysical Program, Research Collaboration and Proof of Concept

95-POC

Marmota Ltd

Expressions of mineralisation in Surface Plant Biochemistry on the NW Gawler Craton

Proof of Concept, Exploration Drilling and Aboriginal Employment

108-GP

Ausmex Mining Group Ltd

Intrusive Related Mineral Systems, Delamerian Orogeny, Burra SA

Geophysical Program and Exploration Drilling

113-RC

Andromeda Metals Ltd

Andromeda metals Halloysite Quantification Project

Research Collaboration

86-GP

Freeport-McMoRan Exploration Australia

South Gawler ranges Infill Geophysics

Geophysical Programs