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

Get a Fast Business/Personal Loan

Business location – Canada
Monthly Revenue – $10K +
Time in Business – 6 months +

Funds in 24 hours $5,000 to $50,000 No hidden fees No collateral Applying doesn’t impact credit score

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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