$2 million drilling grants a boost to mining exploration
Source: Queensland. Minister for Natural Resources, Mines and Energy and Minister for Trade. Media Release
"Seventeen mining exploration companies will share Bligh Government grants worth $2 million for targeted drilling projects throughout the state. Mines and Energy Minister Stephen Robertson said the grants will help fund 20 collaborative drilling projects, supporting the mining sector during the current global financial downturn. “New exploration will provide a boost to the mining industry in Queensland, today's exploration leads to tomorrow's mines and jobs. ” Mr Robertson said. Mr Robertson said the drilling projects demonstrate innovative exploration ideas or are located in under-explored areas of the state."