The Geophysics and Drilling Collaborations (GDC) program is a competitive grants program for the exploration sector that aims to address geoscientific knowledge gaps, advance exploration activity, and support the discovery and development of resources in the Territory.
Round 15 will allocate up to $3 million to share between selected greenfields and brownfields exploration programs. In comparison to previous rounds, the revised program has increased both the total pool of funding and the maximum funding available per project, and broadened the scope of exploration activities that are eligible for co-funding. A new ‘brownfields targeting’ project type has been added to encourage application of innovative techniques in generating targets for drilling near known deposits. This also includes the opportunity of co-funding of analysis of mine waste for additional elements including critical minerals.
Funding applications will open through GrantsNT on Monday 21 February 2022 and close on Friday 29 April 2022.
For more information visit Exploration grants.
For more details read the GDC round 15 guidelines.