Junior Mining Assistance Program (JMAP)
$50,000.00
Grant
Description:
The New Brunswick Junior Mining Assistance Program (NBJMAP) is a financial assistance program for private-sector Junior companies. It provides up to 50% of eligible costs, within defined limits, for mineral exploration projects and is intended to increase the probability of finding economically viable mineral resources in New Brunswick.
Comments on Funding:
Funding is up to 50% of eligible costs, within defined limits ($10,000-$50,000).
Rolling deadline
Eligibility:
Applicants must:
1. be private or publicly traded mineral exploration company,
2. hold the mineral rights, or an option agreement, to the property considered in the application,
3. not have a self-sustained cash flow from operations,
4. not be a subsidiary of a major mining company,
5. have fulfilled all commitments for any previous grants from the MPPD;
6. have mineral exploration and development as its principal business.
Application Steps:
Applicants must submit the completed application form (digital format preferred) to the Exploration Assistance Program Coordinator, Geological Surveys Branch, DNRED.
Documentation Needed:
Applicants must submit the completed application form, including:
1. the history of land tenure and mineral exploration on the mineral prospect,
2. a detailed description of planned exploration work,
3. the geological map and the geological model,
4. maps showing the location of proposed work,
5. details of proposed expenditures.
A final report is required, which must be similar to Report of Work for a mineral claim and accompanied by receipts for eligible expenditures.
Other Things to Note:
No other details available.
About the author
Maurice
