Tasmanian Exploration Opportunity Alert
The Tasmanian Government has just opened applications for Round 9 of the Exploration Drilling Grant Initiative (EDGI) with a strong focus on minerals essential for renewable energy.
The aim is to provide a stimulus to greenfield exploration in Tasmania, especially for minerals included on the 2022 Australian Critical Minerals list. The State Government is funding this initiative with $3.5 million over seven years and the program is administered by Mineral Resources Tasmania (MRT).
The grants program supports industry and investors to find new and potentially lucrative mining opportunities and re-examination of old mines. These Grants will provide up to $70,000 for direct drilling costs and $20,000 for helicopter support, if required, for successful applicants.
To date, the program has helped mineral exploration in Tasmania reach its highest levels on record. To the end of August 2023, the program has supported 16.1 km of drilling, with an estimated total industry expenditure (including costs such as logging and assaying) of just over $5.3 million.
Applications for EDGI grant funding must be completed and lodged online at Exploration Drilling Grant Initiative (EDGI) – Round 9 | Mineral Resources Tasmania (mrt.tas.gov.au)
If you’re looking to apply for these grants, AMETS can help make the process smooth and hassle-free. We can handle everything from documentation to compliance. For inquires reach out to AMETS Tenements & Geoservices at [email protected]
