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Grant open to discover the ‘next big thing’ in Queensland’s North West

August 19, 2017 by in News

The Queensland Government’s $3.6 million Collaborative Exploration Initiative (CEI) is designed to stimulate investment in under-explored parts of north-west Queensland, and test innovative exploration using a broad range of techniques.

The CEI will encompass drilling and non-drilling activities including seismic, airborne and ground geophysics, and geochemical surveys. Eligible activities added to drilling include mobilisation, pad preparation, and selected downhole analysis.

$1.2 million of first round grant funding is available. Eligible applicants can apply for a grant to meet half their direct activity costs, to a maximum of $200,000 for an approved project.

An incentive of up to an additional $100,000 applies to Round 1 if the project is completed by 10 August 2018.

Applications close 29 September 2017

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