Geophysics and Drilling Collaborations
Applications to Round 11 of the Geophysics and Drilling Collaborations program have been assessed and the following projects have been successful for co-funding. The programs will commence and be completed within the 2018-19 financial year. Upon completion of the projects, a report on the work undertaken will be submitted to the NT Geological Survey and it will become publicly accessible six months from the completion of the field work.
|Prodigy Gold NL||EL31291||Capstan Anticline Stratigraphic Drilling|
|Marindi Metals Limited||EL25313||Caranbirini Anomaly B|
|MMG Exploration Pty Ltd||EL26831||Cow Lagoon|
|Todd River Resources Limited||EL25581||Rover Drilling|
|Todd River Resources Limited||EL27711, EL30085||McArthur Drilling|
|Walhallow Creek No 2 Pty Limited||EL24115, EL24195, EL29802, EL30281||Bowgan Project|
|Vista Gold Australia||EL29882||Wandie-Azaria drilling|
|Total for diamond drilling $584,012|
|REVERSE CIRCULATION DRILLING|
|PNX Metals Ltd||EL28462||Woolianna gabbro orthomagmatic mineralisation|
|Red Metal Limited||EL24009, EL31467||Gosse River Project|
|Total for reverse circulation drilling $149,929|
|Independence Group NL||EL30739, EL30740||Lake Mackay|
|Independence Group NL||EL31682, EL31683, EL31684, EL31685, EL31686, EL31687, EL31688||Raptor|
|Gempart (NT) Pty Ltd||EL25566, EL31383||Musgrave South West Ni-Co Project|
|Lagoon Creek Resources Pty Ltd||EL9319, EL23573, EL29898||Murphy Project|
|Northern Cobalt Limited||EL31272, EL31548, EL31590, EL31549||Wollogorang Project|
|Gempart (NT) Pty Ltd||EL26819||Giles Creek|
|Total for geophysics||$469,260|
|7 projects have been awarded Territory Supplier Incentive funding|
|GRAND TOTAL||$1,273,201 including GST|
$1,157,455.50 excluding GST
The Geophysics and Drilling Collaborations Program forms part of the Resourcing the Territory initiative and aims to increase the intensity of exploration drilling and geophysical data in greenfields areas of the Northern Territory (NT).
The program provides co-funding assistance of 50% of the program cost up to $125 000 inclusive of GST to successful applicants for selected exploration diamond drilling programs and up to $100 000 inclusive of GST for selected exploration reverse-circulation (RC) drilling and geophysical acquisition projects in areas where there is a paucity of geological information.
Projects that seek to use innovative exploration tools or to obtain geological information at depth are encouraged to apply. Applications that use integrated or new technologies that test a clear, targeted geological problem may be considered for smaller prospect-scale programs.
RC drilling will be considered in pure greenfields areas where evidence can be provided that no other drilling has been conducted in the area and a completely untested geological model is being investigated.
This year an additional $10 000 (inc GST) of funding will be offered to engage NT owned and/or based suppliers and companies to complete works in the NT. The Territory Supplier Incentive comprises up to $10 000 (inclusive of GST) of co-funding per project, which must be spent exclusively on local service and supply. This can include 50% of the cost of:
- up to $20 000 worth of additional drilling to the proposed program or mobilisation/demobilisation if an NT-based drilling company is undertaking the program
- cost of geochemical analysis (both preparation and analysis) using a laboratory based in the NT
- drilling of water bores to support drilling, and/or water haulage by NT companies
- earthworks, track construction and/or equipment hire from NT companies.
See round 11 guidelines for full details.
Information gained from collaborative projects will be released to the public six months after the completion of field work to encourage further exploration.
|Round 11 Timetable|
|4 May 2018||Call for applications.|
|10am CST, 24 May 2018||Close of applications.|
|Early June 2018||Assessment of applications by the panel. Successful applicants announced.|
|Mid June 2018||Funding agreement (contract) negotiated with successful applicants.|
|1 December 2018||Completion of all field work.|
|30 June 2019||Funding agreement ends.|
Guidelines and templates
|Round 11 guidelines||DOCX|
|Proposal cover sheet||DOCX|
|Diamond drilling assessment criteria||DOCX|
|Non-diamond drilling assessment criteria||DOCX|
|Geophysics assessment criteria||DOCX|
|Final report template||DOCX|
|Geological sample submission form||DOCX|
|Geological sample submission procedure|
|Collaboration reporting guidelines||DOCX|
|Guideline 7 reporting on mineral titles||DOCX|
Ph: +61 8 8999 5424
Successful projects in previous rounds
Map of successful projects with links to collaboration reports and data
For more information on mineral and petroleum titles go to mines and energy on the NT Government website.
Last updated: 29 June 2018