❓ Details funding provided to Cazaly Resources Ltd, Buxton Resources Ltd, MDR Thomson Pty Ltd, and Northern Minerals Ltd under the Exploration Incentive Scheme, Government Co-funded Industry Drilling, Round 11, 2015-16, including project details and reasons for confidentiality of applications.
AnsweredQoN 3287Legislative Council
QuestionView source ↗
I refer to the Exploration Incentive Scheme, Government Co-funded Industry Drilling, Round 11, 2015-16, and I ask: (a) will the Minister detail how much funding was provided to the following companies in the Kimberley: (i) Cazaly Resources Ltd; (ii) Buxton Resources Ltd; (iii) MDR Thomson Pty Ltd; and (iv) Northern Minerals Ltd; (b) if no to (a), why not; (c) will the Minister detail what projects the funds would be applied to; (d) will the Minister table the applications of the above companies; and (e) if no to (d), why not?
AnswerView source ↗
Answered
15 September 2015
Responded by
Minister for Agriculture and Food representing the Minister for Mines and Petroleum
Response time
35 days
The Department of Mines and Petroleum advises:
(a)
The following offer amounts are the maximum refunds which can be made to the companies on completion of drilling and submission of all reports to DMP
(i)
$134,000
(ii)
$150,000
(iii)
$50,000
(iv)
$60,000
(b)
Not applicable
(c)
(i)
Mt Angelo North Conductor 1
(ii)
Double Magic
(iii)
Ellendale Southeast
(iv)
Browns Range- Dazzler and Iceman Prospects
(d)
No
(e)
The Agreement covering offers of co-funding between DMP and the applicant contains a confidentiality clause to protect intellectual property contained in the applications. This prevents public release of the applications. Details of results of completed drilling programs contained in the final reports submitted by applicants after completion of their drilling are publically released after a short confidentiality period.
(a)
The following offer amounts are the maximum refunds which can be made to the companies on completion of drilling and submission of all reports to DMP
(i)
$134,000
(ii)
$150,000
(iii)
$50,000
(iv)
$60,000
(b)
Not applicable
(c)
(i)
Mt Angelo North Conductor 1
(ii)
Double Magic
(iii)
Ellendale Southeast
(iv)
Browns Range- Dazzler and Iceman Prospects
(d)
No
(e)
The Agreement covering offers of co-funding between DMP and the applicant contains a confidentiality clause to protect intellectual property contained in the applications. This prevents public release of the applications. Details of results of completed drilling programs contained in the final reports submitted by applicants after completion of their drilling are publically released after a short confidentiality period.
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