51 WA drilling projects to share $6.35m in government funding

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51 drilling projects in Western Australia will share $6.35 million through the WA Government Exploration Incentive Scheme (EIS) co-funded drilling program.

The Government has successfully closed Round 24 of EIS which also includes a total of $245,000 for six EAP studies.

According to the official announcement, 35% of the projects will be drilling for battery minerals with 73% of those searching for nickel.

Mines and Petroleum Minister Bill Johnston dubbed the program as further proof of the Government’s aim to position WA as a global powerhouse in the export of future battery minerals and materials.

Adertisement

“The EIS has supported a number of major discoveries, with each of them increasing the odds of opening new mines and creating jobs,” he said.

“Rapidly changing technology means we now have greater knowledge and tools to find out more from existing samples in our core libraries.”

Other battery commodities include manganese, lithium, tantalum, rare earth elements and cobalt

Click here to see a detailed list of the companies that have been granted exploration funds via Round 24.

The next round of the EIS opens on February 7, 2022. For more information, visit http://www.dmp.wa.gov.au/Geological-Survey/Exploration-Incentive-Scheme-1428.aspx

Image credit: https://www.dmp.wa.gov.au/Geological-Survey/EIS-Government-co-funded-1433.aspx