New Exploration Drilling Grant Initiative (EDGI) New Exploration Drilling Grant Initiative (EDGI)

The Tasmanian State Government, through the recently announced Exploration Drilling Grant Initiative (EDGI), is for the first time offering grants for co-funded exploration drilling projects.  The aim is to provide a stimulus to greenfields exploration for all commodities in Tasmania.  The State Government is funding this initiative with $2 million over four years and the program will be administered by Mineral Resources Tasmania (MRT).

The Government contribution to each successful project will be capped at $50,000 for direct drilling costs, plus an additional $20,000 if helicopter support is required.

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