North Stawell Minerals (ASX:NSM) reports it has been granted $347,484.53 by the Australian Taxation Office (ATO) and the Department of Industry, Science, Energy and Resources (DISER).
The funding came following the company’s 2021 exploration activities in the Stawell Mineralised Corridor in Victoria where it used a variety of scientific methods eligible under this tax incentive to explore its tenements, including under the Murray Basin cover.
North Stawell Minerals reports the funds will be used to further enhance North Stawell Minerals’ exploration and processes for the coming drill season.
The company also intends to apply for this grant again in relation to this year’s exploration activities
The company also intends to apply for this grant again in relation to this year’s exploration activities.
North Stawell Minerals is an Australian-based gold exploration company, solely focused on discovering large scale gold deposits in the ‘highly-prospective’ Stawell Mineralised Corridor in Victoria.
Images: North Stawell Minerals Ltd
