Funding for NSW exploration companies
New Frontiers Cooperative Drilling ProgramLast Updated: 18 November 2021
New Frontiers Cooperative Drilling Program
The New Frontiers Cooperative Drilling Program provides exploration companies with funding to support exploratory drilling programs for Group 1, 2, 6 and 10 minerals.
What you get?
Funding of up to $200,000.
Who is this for?
NSW based exploration companies.
Overview
New Frontiers Cooperative Drilling Program provides funding to support drilling projects which target Group 1, 2, 6 and 10 minerals. Projects must demonstrate:
- strong prospectivity
- sound financial planning
- a proven technical base.
This program supports the long-term sustainability of the NSW resources sector by:
- funding mineral exploration and discovery in NSW
- encouraging exploration drilling in greenfields areas that will test new geological ideas and models.
What are the eligibility criteria?
To be eligible, you must:
- be a mining exploration company
- be based in NSW
- have a proven technical and financial track record.
How do you apply?
Find out more about eligibility and how to apply at New Frontiers Cooperative Drilling Program.