Investigator Resources (ASX:IVR) has received a $968,670 tax refund under the Federal Government’s Research and Development Tax Incentive program.
This was in relation to experimental work conducted as part of the company’s studies of the nature of the geology and mineral systems revealed by its Paris silver discovery in the southern Gawler Craton of South Australia.
These funds, along with a $100,000 collaborative drilling grant from the South Australian government, will be re-invested to build on the Paris silver resource and test flow-on silver, copper and gold opportunities within Investigator’s surrounding tenements on Eyre Peninsula.
In May, the company identified at least six high-priority silver, gold and copper targets in initial exploration of the Thurlga tenement.
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