Programme d'aide aux petites sociétés minières ### 📋 Eligible Entities - Small mining companies operating in New Brunswick - Private corporations engaged in mineral exploration activities - Companies with demonstrated capacity to conduct exploration projects - Enterprises seeking to advance mineral resource discovery in the province ### 💰 Funding Details - Maximum Grant Amount: $50,000 CAD per project - Cost-Sharing Ratio: Government covers 50% of eligible project costs - Applicant Responsibility: Must fund the remaining 50% of eligible expenses - Repayability: Non-repayable grant (funding does not require repayment) - Total Project Cost: Minimum $100,000 in total project costs to receive maximum grant ### 🛠️ Approved Expenses - Mineral exploration activities and field work - Geological surveys and assessments - Drilling and sampling programs - Geophysical and geochemical testing - Data collection and analysis for resource discovery - Professional consulting and technical expertise related to exploration - Equipment and materials directly supporting exploration activities - Project management and reporting for exploration initiatives ### ⚠️ Conditions & Milestones - Applicant must contribute minimum 50% of total eligible project costs - Projects must focus on economically viable mineral resource discovery - Work must be conducted within New Brunswick jurisdiction - Regular progress reporting and documentation of exploration activities required - Grant funds must be used within the approved project timeline - Adherence to provincial mining regulations and environmental standards mandatory - Project must demonstrate clear pathway to identifying economically viable mineral deposits - Eligible expenses must be incurred after formal grant approval