The State Liberal Government has announced the first round of successful applicants for its $10 million Accelerated Discovery fund which will assist in driving jobs and investment in South Australia’s resources industry during these difficult times.

The 14 successful applicants for the ADI were announced today during Copper to the World Online – the first major international copper conference since the onset of the pandemic.

Minister for Energy and Mining Dan van Holst Pellekaan said the government selected the successful applicants for Accelerated Discovery Initiative (ADI) funding from a competitive range of candidates, with many pushing the boundaries of conventional exploration.

“The resources sector underpins South Australia’s economy and the ADI is designed to deliver a pipeline of investment into the future,” said Minister van Holst Pellekaan.

“Several of the funded proposals from the $2.9 million first round are directed at targets in frontier exploration districts where successful outcomes have the potential to open up new search spaces.

“The South Australian Government is keen to push the boundaries of traditional exploration and may just bring us a step closer to uncovering the next Olympic Dam or Carrapateena-class deposit.

“Our state has developed one of the world’s most sustainable and technologically-advanced mining sectors.

“The Accelerated Discovery Initiative seeks to build on that foundation by encouraging proposals that contemplate both existing and emerging technologies and exploration techniques.

“South Australia’s international leadership in exploration innovation has ensured stable production, and the integration of new methodologies in mineral exploration will position the state to capture ongoing future success. 

Minister van Holst Pellekaan said the focus of this year’s Copper to the World conference is growing exports and jobs while developing opportunities for existing and emergent supply chain companies.

“Copper to the World showcases South Australia’s global attractiveness and vibrant copper sector, and will positively influence investment decisions, attract excellence in innovation, and cement our reputation as one of the best global investment destinations for copper,” he said.

“Our vision through the ADI and this conference is to enhance the reputation of what is already one of the world’s most sustainable and technologically-advanced mining regions for investors.”

Proposal ID	Proponent Company	Project Name	Co-funding Activity Supported
85-ED	DGO Gold Limited	Testing the Zambian Copper Belt model on the Stuart Shelf	Exploration Drilling, Geophysical Programs and Research Collaboration
117-GP	Havilah Resources Limited	Jupiter MT Anomaly Definition Study	Geophysical Program and Research Collaboration
100-GP	Boss Resources	Utilising 3D Passive Seismic and Slalom High-Definition Seismic reflection	Geophysical Program, Exploration Drilling and Aboriginal Employment
120-ED	Argonaut Resources	Murdie IOCG Project	Exploration Drilling, Geophysical Program, Logistical Support and Aboriginal Employment
135-ED	Petratherm Ltd	Eastern Mabel Creek Ridge (Deeps)	Exploration Drilling
126-POC	FQM Exploration	Geochemical Mapping of a copper mineral system	Proof of Concept, Logistical Support and Aboriginal Employment
134-GP	FMG Resources	Roopena Fault Zone Infill Ground Gravity	Geophysical Program
94-ED	Minotaur Exploration Ltd	Using Innovation to enter a new Frontier- Taking new IOCG model to the Peake and Denison Inliers	Exploration Drilling and Geophysical Program
105-ED	Havilah Resources Ltd	Investigation of REE Mineralisation in the Benagerie Dome	Exploration Drilling
123-GP	Fleet Space Technologies	Large arrays of wireless sensors for remote mapping of heat flow	Geophysical Program, Research Collaboration and Proof of Concept
95-POC	Marmota Ltd	Expressions of mineralisation in Surface Plant Biochemistry on the NW Gawler Craton	Proof of Concept, Exploration Drilling and Aboriginal Employment
108-GP	Ausmex Mining Group Ltd	Intrusive Related Mineral Systems, Delamerian Orogeny, Burra SA	Geophysical Program and Exploration Drilling
113-RC	Andromeda Metals Ltd	Andromeda metals Halloysite Quantification Project	Research Collaboration
86-GP	Freeport-McMoRan Exploration Australia	South Gawler ranges Infill Geophysics	Geophysical Programs