Junior Mining Assistance Program (NBJMAP)
The New Brunswick Junior Mining Assistance Program (NBJMAP):
1. is a financial assistance program for mineral exploration companies;
2. provides up to 50% of approved eligible costs for mineral exploration projects, individual grants will not exceed $100,000;
3. is intended to increase the probability of finding economically viable mineral resources in New Brunswick.
Offered by Department Natural Resources and Energy Development
Amount
Up to 50% of approved eligible costs for mineral exploration projects; individual grants will not exceed $100,000
Quick eligibility check
Who can apply
Any private or publicly traded mineral exploration company is eligible for the program, providing:
- it holds the mineral rights, or an option agreement, to the property named in the application
- it does not have a self-sustained cash flow from mining operations
- it has fulfilled all commitments related to previous funding from the province
- its principal business is mineral exploration and/or development
- must be registered with the New Brunswick Corporate Registry to carry out work in New Brunswick.
Please take note that the Association of Professional Engineers & Geoscientists of New Brunswick (APEGNB) is reminding applicants that any individual or firm carrying out the practice of geoscience in New Brunswick must be licensed with APEGNB (www.apegnb.com) [Refer to Section 9 of the Engineering and Geoscience Professions Act (https://canlii.ca/t/539h9)].
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