Funding to Help Grow Mineral Sector in Nova Scotia

Minister of Natural Resources Charlie Parker announced on July 13, a grant program to attract new mineral exploration investment and help bring new projects closer to development. The program will fund exploration activities and provide training and business development to support industry.

Grants of up to $100,000 will be available for advanced exploration projects, with program funding to be matched by the company or prospector. Grants of up to $15,000 will be available to eligible prospectors for preliminary mineral exploration activities. This year $700,000 has been budgeted for the program.

Prospectors will also be eligible for funding to support introductory and continuing training on exploration techniques, safety, regulations and business development.

Details and applications for funds are available at Department of Natural Resources.