Natural Resources

Junior Exploration Assistance Program

The Junior Exploration Assistance Program (JEA) aims to grow the mineral inventory of the Province through the discovery of new mineral districts, occurrences, prospects and deposits. It also aims to advance mineral discoveries through the stage of defining NI 43-101 compliant mineral resources. Companies primarily engaged in mineral exploration and/or mining may be eligible. These companies are permitted to be in receipt of direct or indirect revenues from mineral/mining operations.

The JEA budget for the 2016 calendar year is 1.3 million. This funding will provide financial support of 40-75% of approved exploration costs, to a maximum of $150,000 per project on the Island of Newfoundland and $225,000 for Labrador-based projects. See program guidelines for details.

A listing of successful applicants who have contribution agreements for funding under the Junior Exploration Assistance Program will be updated regularly. Final payment of grants will match the company’s eligible costs up to the maximum as outlined in the contribution agreement and will be dependent on submission of a satisfactory final report and the exploration program being carried out as described in the approved application for funding.

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