The Queensland Resources Council (QRC) and the Queensland Exploration Council (QEC) have together welcomed the Federal Government’s announcement today regarding the new focus of the national Exploring for the Future program to two corridors for exploration, including one which runs through Queensland.
QRC Chief Executive Ian Macfarlane said the addition of the east corridor to the existing Exploring for the Future program was a positive sign the Federal Government had listened to the wider resources sector and is ready to support industry.
“I applaud the Federal Resources Minister Keith Pitt in recognising the importance of exploration to the future of the resources industry,” Mr Macfarlane said.
“In response to the joint AMEC and QRC 40-point Resource Industry Recovery Agenda, the State Government increased funding for the Collaborative Exploration Initiative by $10 million.”
Kim Wainwright, Chair of the QRC’s explorer focused member organisation the QEC said it was pleasing to know Geoscience Australia experts had backed the new east corridor as having the potential to lead to new discoveries of energy, mineral and groundwater resources for Queensland explorers.
“This is another show of support for a struggling exploration industry as a result of the pandemic and will ensure our explorers are equipped with the data and information needed to get out and explore in areas where they can feel confident are prospective,” Ms Wainwright said.
“It’s always fantastic news for any geology enthusiast when new data is made available.
“This month we have already seen the addition of a plethora of new and historical data through the Geological Survey of Queensland’s new Open Data Portal, and now Geoscience Australia with the addition of around 250 new datasets located in Northern Australia through its Exploring for the Future Portal.
“There is real potential for attracting new investment to boost our economy and create new jobs in the resources sector and its supply chains, for many regional Queenslanders,” Ms Wainwright said.