Bellevue Gold’s Operations Restart At Newly Discovered Lode

Bellevue Gold’s Operations Restart At Newly Discovered Lode

Western Australia Minister for Mines and Petroleum Bill Johnston

New Exploration Projects On The Rise

Victor P Taffa

  • More than $5.3 Million provided for 40 exploration drilling projects in Western Australia
  • DMIRS received 73 applications, indicating an increase in exploration activity

Mines and Petroleum Minister Bill Johnston today announced the successful applicants for Round 18 of the popular Exploration Incentive Scheme (EIS) co-funded drilling program.

“EIS is stimulating an increase in exploration and major discoveries in 2018.” Minister for Mines and Petroleum Bill Johnston said.

“Bellevue Gold’s newly discovered lode, beneath a mining centre that has been closed for 20 years, is likely to see operations restart and deliver jobs to the region.”

Round 18 will provide $5.3 Million to 40 projects to be drilled in 2019.

Round 18 attracted 73 applications an increase of about 16 % on the previous round, which indicates a rise in exploration activities in Western Australia.

Successful applicants have projects across the State and several have used EIS precompetitive science to refine drilling targets in the Nullarbor.

Co-funding will support exploration for gold, base metals, petroleum, nickel, lithium, rare earth elements, potash and diamonds.

Recent EIS successes include Bellevue Gold Mining’s gold lode north of Leinster and Independence Group’s significant copper-zinc drilling intercept at Fraser Range, north-east of Esperance. The next round for co-funded applications will open in February 2019.

 

Abbreviations:

DMIRS           Department of Mines, Industry Regulation and Safety