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Exploration Incentive Scheme

Hill 50 headframe, Mount MagnetThe Exploration Incentive Scheme (EIS) is a State Government initiative that aims to encourage exploration in Western Australia for the long-term sustainability of the State’s resources sector.

The $130 million initiative,initially supported by Royalties for Regions, is being funded from April 2009 to June 2017, to stimulate increased private sector resource exploration leading to new mineral and energy discoveries. New mineral and energy discoveries in these areas will increase knowledge of the State’s geology and resources, and help increase employment opportunities. Most of the activities in the EIS are focused on under-explored greenfield regions.

The EIS is managed by the Department of Mines and Petroleum (DMP), the State’s lead agency dedicated to servicing the future development of Western Australia’s resources industry.

The EIS currently supports five high-level programs:

Results of completed work are available free through the various Geological Survey of Western Australia (GSWA) databases and through eBookshop.

For a list of publications and project results see Product and service outputs from the EIS to January 2015.

 

Exploration facilitation

The transparency of the online mineral and petroleum tenement application processes has been significantly improved through funding from the EIS.

Innovative drilling promotion

Co-funded grants for innovative drilling are available through this program, as well as details for companies applying for these grants.

Geophysical and geochemical surveys

Program 3 - Providing new data through airborne geophysics, seismic, gravity and geochemical surveys.

3D prospectivity mapping

Program 4 - Developing a system that allows all geoscience databases to be accessed seamlessly online.

Promoting Strategic Research with Industry

Program 5 - Supporting the rapid transfer of new geoscience concepts, skills and technologies into the minerals exploration industry.