Prospectors Assistance Grant

To provide training and direct financial support to individuals and is designed to encourage and promote development of the mineral-prospecting industry and the discovery of wealth-generating mineral deposits.
  • Newfoundland and Labrador Department of Natural Resources
Overview of the Prospectors Assistance Grant program:

Prospectors assistance funding is designed to encourage prospecting activities in Newfoundland and Labrador and to reimburse some of the costs associated with such activities. The operational guidelines presented here, govern the application and reimbursement process for Prospectors Assistance (PA) Grants. All self-employed individuals must carry out their work according to Occupational Health and Safety Regulations.

Benefits of the Prospectors Assistance Grant program:
  • Up to a maximum of $6,000 is also available for air (float plane or helicopter) support to access remote properties. Assistance to a maximum of $12,000.00 may be available for projects considered to be at an advanced stage.
Eligibility criteria of the Prospectors Assistance Grant program:
  • Applicants for a PA Grant (grant) must be a resident of Newfoundland and Labrador, and be at least 19 years of age.
  • B) PA applications will be accepted starting April 1, 2023, with PA Final Reports due by December 31, 2023. All Prospectors
  • Are encouraged to conclude their programs in time to have samples analysed to enable submission of final reports by
  • December 31, 2023.
  • C) All relevant sections of the PA 2023 Application Form must be completed and the declaration must be signed and dated.
  • D) Subject to available funding, applicants may apply for an additional grant after the PA Final Report has been approved
  • For the preceding grant.
  • E) One grant application is limited to a maximum of five mineral properties and/or areas of Crown Land or land open for
  • Staking. Applicants whose grant will cover multiple areas should refer to Section I of the PA 2023 Final Report Form
  • Guide. Advanced grants will only be awarded for advanced exploration activities on mineral licenses.
  • F) All applications for PA funding are reviewed by a Selection Committee (committee) comprised of three members of the
  • Mining and Mineral Development Branch.
  • G) The committee reserves the right to limit funding to specific properties and/or prospecting activities. The committee
  • Also reserves the right to limit funding for the same property and/or piece of Crown Land or land open for staking to
  • One applicant.
  • H) Any proposed changes to an approved exploration program/areas must be submitted and approved in writing in the
  • Form of an Amended Agreement prior to prospecting start-up. Proposed changes must be accompanied by all
  • Necessary documentation (e.g., rationale, summary of activities, map(s), etc.).
  • I) Prospecting is not permitted on third-party mineral licenses or private property unless permission is first obtained from
  • The property owner. Prospecting cannot be conducted in Wilderness and Ecological Reserves, National/Provincial Parks,
  • Or areas designated as Exempt Mineral Lands in Schedule A of the Mineral Regulations.
  • J) Directors and/or principals of publicly listed exploration companies are not eligible for PA funding.
Request Funding Information

Related Funding Opportunities

Explore similar funding opportunities that match your goals.

CBDC Youth Loan ProgramOPEN
  • Community Business Development Corporations (CBDC)
CBDC First-Time Entrepreneur LoanOPEN
  • Community Business Development Corporations (CBDC)
Skills Development ProgramOPEN
  • First Peoples Economic Growth Fund
Export Guarantee ProgramOPEN
  • Export Development Canada

Other Grants and Funding by Region

Unlimited Line of Credit: Cash for ReceivablesOPEN
  • Commercial Funding Group Inc.
Self-Employment AssistanceOPEN
  • Department of Advanced Education and Skills - Newfoundland and Labrador
Land and Biodiversity ProgramOPEN
  • Alberta Innovates
Vanedge CapitalOPEN
  • Vanedge Capital
Northern Isolated Community Initiatives (NICI) FundOPEN
  • Canada Economic Development for Quebec Regions (CED)
Research and Development (solid waste diversion)OPEN
  • Resource Recovery Fund Board Nova Scotia

More Grants and Funding by Industry

KEDCO Business Grant Support ProgramOPEN
  • Kingston Economic Development Corporation (KEDCO)
Allstate FoundationOPEN
  • Allstate Canada
Stocker LoansOPEN
  • Manitoba Agricultural Services Corporation
Petroleum Exploration Enhancement ProgramOPEN
  • Research and Development Corporation of Newfoundland and Labrador
Aftercare ProgramOPEN
  • First Peoples Economic Growth Fund
Vantec Angel NetworkOPEN
  • Vantec Angel Network
Export Development CanadaOPEN
  • Export Development Canada
Business Contribution FundOPEN
  • First Peoples Economic Growth Fund
Enabling Agricultural Research and Innovation ProgramOPEN
  • New Brunswick Department of Agriculture, Aquaculture and Fisheries