Funding for exploratory drilling in WA
Co-funded Exploration Drilling Program WALast Updated: 03 September 2021
Co-funded Exploration Drilling Program WA
The Co-funded Exploration Drilling Program provides explorers with funding for up to 50% of exploratory drilling costs.
Open date:
07 Feb 2022.
What do you get?
Up to $200,000.
Who is this for?
WA explorers and prospectors.
Overview
The Co-funded Exploration Drilling Program provides explorers with co-funding to undertake exploratory drilling.
Funding is for exploration drilling only and may not be used for:
- resource definition drilling
- appraisal, stimulation and development drilling
- the development of new uranium mines.
Co-funding of up to 50% of direct drilling cost is available and is capped at:
- $150,000 for general multi-hole applications
- $200,000 for a single deep-hole application
- $30,000 for a prospector application.
What are the eligibility criteria?
To be eligible, you must:
- have an Australian Business Number (ABN)
- be the holder of, or have access to, a tenement.
How do you apply?
Find out more about eligibility and how to apply at Co-funded Exploration Drilling Program.
