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| The total budget for the
Junior Exploration Assistance program (JEA) has been increased
to $2.2 M for the 2009-10 fiscal year. This funding is
designed to defray 50% of approved eligible costs, to a
maximum of $100,000 per undertaking on the island and
$150,000 for Labrador-based projects, on mineral exploration
projects by individuals or junior mineral-exploration/mining
companies registered to do business in the province.
We have allocated $500,000 of this budget specifically
for grassroots exploration. This is a critical part of the
exploration cycle and will include both ground and airborne
geophysical surveys and regional geochemical surveys.
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Contact for further information
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(pdf - 170kb)