Accelerating mineral exploration in SA


The ADI provides co-funding for mineral exploration activities to attract larger exploration investments and promote new mineral resource discoveries, jobs, Aboriginal employment opportunities and royalties.

The ADI is also focused on supporting innovative technology, collaboration and new exploration concepts to accelerate mineral exploration in South Australia.

Minister van Holst Pellekaan said the ADI played an important role in maintaining South Australia's international leadership in developing mineral exploration.

"We expect a lot of interest during the third round with funding of up to US $ 3 million, which reflects the global importance of FDI and the quality of the proposals," said Minister Van Holst Pellekaan.

“ADI is Australia's most diverse exploration co-financing program, providing support for traditional drilling and geophysics as well as other non-conventional exploration techniques, support for border logistics, technology and research innovation.

“With a strong emphasis on new technology, scientific endeavors, and education to promote discovery while reducing risk, ADI reflects the changing driving forces in exploration.

“Successful projects will strengthen activities and support innovative technologies to generate and test new exploration ideas and to enlarge new data sets to accelerate data exchange between companies within the exploration sector.

“In addition to innovative exploration programs, ADI initiatives have promoted meaningful employment and training for Aboriginal employees and businesses.

To date, rounds one and two have provided $ 7.4 million in funding for 36 initiatives.

Barton Gold's managing director and chief executive officer Alexander Scanlon said the ADI enabled Barton to accelerate its innovation-driven exploration approach to the central Gawler Craton.

"ADI enabled a deep ground penetrating radar (GPR) trial in the area and the initial results are convincing," said Scanlon.

“The technology has not only found over 25 new near-surface structures, but also their alignment, which provides us with clear, near-surface targets for precise, highly efficient and inexpensive drilling tests.

“We expect to see savings in cost and time on target by acquiring these targets for less than $ 200,000 over a period of 1-2 months, versus $ 2-3 million for drilling over a period of 1-2 years. " he said.

Minister van Holst Pellekaan said Barton's recent success is another example of the benefits of ADI, which not only provides results for Barton but also publicly shares the results that will help other researchers unlock new discoveries.

“It was gratifying that the second round was heavily oversubscribed, with a total of 76 high-quality applications and 22 projects that were evaluated on the basis of the project criteria for receiving funding. We expect a similar level of interest in round three, ”said Minister van Holst Pellekaan.

Funding for the third round will begin on November 26, 2021. For more information, please visit the DEM Accelerated Discovery Initiative website.

The expansion of ADI will add significantly to increased exploration activity and new mineral resource discovery to meet South Australian Growth State's target of $ 300 million in annual exploration investments by 2025 and $ 13 billion in exports by 2030.


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