Junior Mining Assistance Program ### 📋 Eligible Entities - Junior mining companies operating in New Brunswick - Exploration companies with focus on mineral resource discovery - Private mining enterprises engaged in early-stage exploration activities - Companies must be registered and operating within New Brunswick jurisdiction - Both established junior miners and new exploration ventures may qualify ### 💰 Funding Details - Maximum Grant Amount: $50,000 per project - Cost-Sharing Ratio: Government covers 50% of eligible exploration costs - Applicant Responsibility: Must fund the remaining 50% of project costs - Repayability: Grant funding (non-repayable assistance) - Funding Type: Direct grant support, not a loan ### 🛠️ Approved Expenses - Geological surveys and mapping - Mineral sampling and assay work - Geochemical and geophysical testing - Drilling and core analysis - Laboratory testing and mineral analysis - Technical feasibility studies - Environmental baseline assessments related to exploration - Professional consulting fees for exploration activities - Equipment rental for exploration purposes ### ⚠️ Conditions & Milestones - Projects must be located within New Brunswick - Applicant must demonstrate viable mineral exploration objectives - Increased probability of discovering economically viable mineral resources required as outcome goal - 50% matching contribution from applicant must be secured prior to funding release - Project scope and budget must be pre-approved by program administrators - Eligible costs limited to those directly supporting mineral exploration activities - Grant recipients must maintain detailed financial records and reporting documentation - Progress milestones and reporting requirements must be met throughout project duration