Up to $225,000 per project for mineral exploration and/or mining in Newfoundland and Labrador
Junior Exploration Assistance Program
Type of Funding
Grant
Max Funding
225,000.00
Region
Provincial
Application Difficuty
Complex
Processing Time
Slow (A few months)
Province
Newfoundland and Labrador
Industry
Mining oil and gas and utilities.
Funding Goals
Grow and expand your business.
Demographic
N/A
Incorporated
Yes
Contact
(709) 729-3017
Apply For A Loan
Business location – Canada
Monthly Revenue – $10K +
Time in Business – 6 months +
Funds in 24 hours
$10,000 to $800,000
Details
Funding for the discovery of new mineral districts, occurrences, prospects and deposits in Newfoundland and Labrador. A maximum of $150,000 per project on the island of Newfoundland and $225,000 for Labrador-based projects to cover 40-75% of approved exploration costs.
Eligibility
Mining, exploration and prospecting companies based in Newfoundland and Labrador
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