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Junior Exploration Assistance Program

ByMaurice

Amount:

$225,000.00

Type of Program:

Grants

Description:

The Junior Exploration Assistance (JEA) Program aims to grow the mineral inventory of the Province through the discovery of new mineral districts, occurrences, prospects, and deposits. The JEA Program also aims to advance mineral discoveries through the stages of defining National Instrument (NI) 43-101 compliant mineral resources, and to enhance Newfoundland and Labrador’s competitiveness as a world class mineral exploration destination.  

Comments on Funding:

  1. 1
    For Grassroots Activities:
  • for companies not in receipt of direct and/or indirect mineral revenue: the Program will provide 75% of eligible grassroots expenditures up to a maximum of $150,000 per project on the island of Newfoundland and up to $225,000 per project in Labrador,
  • for companies in receipt of mineral revenue: the Program will provide 50% of eligible grassroots expenditures up to a maximum of $150,000 per project on the island of Newfoundland and up to $225,000 per project in Labrador.
  1. 2
     For Non-Grassroots Activities:
  • for companies not in receipt of direct and/or indirect mineral revenue: the Program will provide 50% of eligible expenditures up to a maximum of $150,000 per project on the island of Newfoundland and up to $225,000 per project in Labrador,
  • for companies in receipt of direct or indirect mineral revenue: the Program provides 40% of eligible expenditures up to a maximum of $150,000 per project on the island of Newfoundland and up to $225,000 per project in Labrador.

When It Ends:

Ongoing

Deadline:

Next deadlines to be determined

Eligibility:

Applicants must: 

  • be companies primarily engaged in mineral exploration,
  • be registered with the Provincial Registry of Companies,
  • be “In Good Standing” with the Provincial Registry of Companies,
  • have a Supplier Number from the Department of Finance, Financial Systems Control Division,
  • hold the mineral rights to the lands on which the exploration is to be conducted, or have a registered agreement with the holder of the mineral rights on file with the Mineral Lands Division of the Department of Industry, Energy and Technology prior to commencing work (Mineral rights are not necessary if the work is being completed on Crown Lands open for staking, excluding Exempt Mineral Lands and/or other prohibited areas),
  • have received Exploration Approval from the Mineral Lands Division before the start of exploration activities. 

Application Steps:

1

Applicants must email the Letter of Intent to mineralincentive@gov.nl.ca.

Documentation Needed: 

Applicants must submit the letter of Intent.

Other Things to Note:

Check the website for updates.

Program Contact:

Junior Exploration Assistance Program

JEA 2022 Program Guidelines

JEA 2022 Letter of Intent Guide

JEA 2022 Letter of Intent

Related posts:

Newfoundland & Labrador Small Business: Complete Guide for Entrepreneurs
Newfoundland Small Business Start Up Grants (2023): Current List of Programs
Major Industries in Newfoundland and Labrador: Overview of 6 Growth Industries
Aboriginal Business Financing Program (ABFP)

Maurice (Moe) Muise learned the ins-and-outs of government while an employee of the Government of Canada in Ottawa for 10 years. His current focus is helping small businesses in Atlantic Canada to identify and maximize government grants to grow their business. Click here to learn more about Moe’s background and how he can help your business.

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