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Tag: Exploring for the Future

North West in key corridor earmarked for attention

Written by dev on . Posted in All News, Energy, Exploration, Gold, Processing / Manufacturing.

The Mount Isa region is officially 'in the zone' as the Australian Government targets two key mineral-rich corridors to help support the nation's economic recovery.

The corridors stretching the length of the nation will be the focus of a $125 million expansion of Australia's Exploring for the Future program.

They have been identified by scientific experts at Geoscience Australia as having high potential for new energy, minerals and groundwater resource discoveries.

“Geoscience Australia already has a good understanding of the two corridors’ geology, which suggests they both have potential for new discoveries of groundwater, conventional and unconventional. . .

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Broad horizons in resources exploration program

Written by dev on . Posted in All News, Energy, Exploration, Processing / Manufacturing.

The Exploring for the Future program has mapped about 39 percent of the continent, or 3,000,000sq km, to reveal the resource potential of Australia’s north, new figures show.

Resources Minister Keith Pitt said the $225 million program had completed more than 20 collaborative activities with state and territory governments in Queensland, Western Australia, the Northern Territory and South Australia over the last four years.

“Exploring for the Future has delivered a detailed picture of resources in northern Australia - a largely underexplored region with untapped potential to support not only the nation’s mining and energy exploration sector. . .

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Cash boost for exploration program

Written by dev on . Posted in All News, Energy, Exploration.

The Federal Government will invest an additional $125 million in a world-leading exploration-stimulation program it says has the potential to deliver just over $2.5 billion in economic benefits and jobs to northern Australia.

The Government’s investment adds to the $100 million previously spent on Geoscience Australia’s Exploring for the Future (EFTF) program to drive investment, generate jobs and secure the future of the resources sector.

The additional $125 million will extend the program for four years from June 30.

The EFTF program uses a series of cutting-edge geoscientific techniques to map geological structures at. . .

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