PACE

PACE 2004–2009: Highlights and achievements

• The Treasury and the South Australian Centre for Economic Studies conservatively estimate net economic benefit to SA in excess of $300m for an investment of $23m (November 2009)
• 335 proposals for drilling collaboration submitted over 5 rounds with 168 projects sharing in $10m of PACE funding
• Drilling success leading to discovery of the Carrapateena Cu-Au deposit - one of the best intersections anywhere in the world, extending the prospectivity corridor for IOCG mineral systems
• Substantial number of other PACE drilling successes - discoveries of uranium, copper-gold, gold, mineral sands, and iron ore deposits and water
• Record levels of exploration expenditure and drilling approvals: 1,314,219 m approved in 2008 (compared to 364,010 m in 2005)
• Release of new geoscience mapping and geophsyical data, including the largest gravity survey in Australia, leading to record take up of exploration licences
• Upgrade and development of on-line data and service through SARIG (the South Australian Resources Information Geoserver)
• Establishment of a new Chair and SA Centre for Mineral Exploration under Cover and a new Chair of Mining Geology
• Positive engagement with indigenous communities: new licences granted and exploration programs completed; funding of two tenement/ liaison officers in the APY; training of local workforce for site rehabilitation
• Global awareness of South Australian mineral prospectivity and the innovative and outstanding PACE success
• Fraser Institute top rankings; ResourceStocks top rankings: PACE nominated 'Digger of the Year' at Diggers & Dealers; SA Premier's Award for 'Growing Prosperity'
• PACE model copied by Victoria, Queensland, Northern Territory and Western Australia

PACE 2004–2009 Themes

More information about the themes and achievements is available in the PACE report 2004–2009.

• Theme 1: Balancing resource development with conservation (.pdf 12.4Mb, opens in new window)
  
• Theme 2: Drilling colloboration between PIRSA and industry (.pdf 29.0Mb, opens in new window)

NOTE: Successful proposals for Round 6 cooperative exploration drilling projects jointly funded by industry and the government's PACE initiative have now been announced

• Theme 3: South Australian Centre for Mineral Exploration Under Cover (.pdf 40.9Mb, opens in new window)
  
• Theme 4: From craton to basin: new geophysics (.pdf 8.4Mb, opens in new window)
  
• Theme 5: Resource development and sustainable communities (.pdf 23.8Mb, opens in new window)
  
• Theme 6: Baseline geochemical survey (.pdf 17.3Mb, opens in new window)
  
• Theme 7: Next generation data delivery (.pdf 8.6Mb, opens in new window)
  
• Theme 8: South Australian Minerals and Petroleum Expert Group (SAMPEG) (.pdf 8.1Mb, opens in new window)

PACE 2020

PIRSA is proposing the development of a new look PACE in 2010 with the focus on:

• Innovative geoscience - methods, maps and models
• Diversification of industry partnerships and collaborative research
• Education and training support
• Communication and promotion of the South Australian resources sector

PACE 2020 includes key areas of the initial PACE themes, including:

• Strong indigenous engagement and cultural awareness
• Collection of geophysical and geochemical data
• Access to geoscientific data - eliminating the obstacles of distance and time

For enquiries about the PACE initiative contact:

PACE Manager
Mr Miles Davies
Phone: +61 8 8463 3159
Email: Miles.Davies@sa.gov.au

PACE Marketing
Mrs Tania Davies
Phone: +61 8 8463 3012
Email: Tania.Davies@sa.gov.au