Geophysics and Drilling Collaborations

The Northern Territory Government has committed $2.4 million over three years to increase the intensity of exploration drilling and geophysics in greenfields areas of the Northern Territory.

This brings the Government’s investment in the “Bringing Forward Discovery” initiative to $14.4 million over four years, designed to attract new exploration investment and bring forward the next generation of major resource discoveries in the Territory.

This Geophysics and Drilling Collaborations program co-funds selected exploration drilling and geophysical acquisition projects in greenfields areas where there is a paucity of geological information.

The call for submissions for the second round of funding for the 2009-2010 financial year is now closed. No further applications for this round will be accepted.

Round 2 has been very successful. 14 projects have been chosen for funding out of 39 applications. To view the successful applicants see map of successful applications 2009-2010. 

2009-2010 successful applicants are:

Drilling Projects

• AusQuest Ltd –Plenty River
• Bondi Mining Ltd – Murphy Project
• Castile Resources Pty Ltd, 100% owned subsidiary of Westgold Resources Ltd – EL25511 Rover Project
• Crossland Uranium Mines Ltd – Lake Woods
• North Australian Diamonds Ltd – Leviathan
• Royal Resources Ltd / Aldershot Resources Ltd – Ngalia Project
• Silex Exploration Australia Pty Ltd – Oonagalabi
• Sipa Exploration NL – West Warrego Gold Project
• Southern Uranium Ltd – Calvert Hills
• Territory Uranium Co Ltd – Bluebush
• Territory Uranium Co Ltd – Daly River Uranium Exploration
• TNG Ltd – Mount Peake Project

Geophysics Projects

• Anglo Australian Resources NL –Victoria River Downs
• Quasar Resources Pty Ltd –Curtin Springs Gravity Survey