Municipal Affairs and Environment
May 10, 2018

Provincial Government Supports Mining through Mineral Incentive Program

The Provincial Government is continuing to support mineral exploration and growth in the mining industry through Budget 2018 with $1.7 million in support for the Mineral Incentive Program which includes the Junior Exploration Assistance and the Prospectors Assistance Programs.

In 2017-18, the Mineral Incentive Program was a success with 28 grants awarded under the Junior Exploration Assistance Program totalling $1.39 million and 47 grants provided to prospectors under the Prospector Assistance Program totaling $217,618. The Prospector Assistance Program, in conjunction with Mining NL, provided financial support to nine prospectors to travel to mineral conferences for promotion of their properties. Together, Mining NL and the Prospector Assistance Program fund the Matty Mitchell Prospectors Resource Room.

It is estimated that mineral exploration spending in 2017 was $36.7 million and is expected to increase to $38.5 million for 2018. Government initiatives, such as the Mineral Incentive Program, continue to encourage the sustainability of the mining industry by supporting mineral exploration in the province. With a forecast in 2018 of 6,000 people employed in the industry and $3.4 billion in mineral shipments, mining is a major contributor to the Newfoundland and Labrador economy.

This initiative delivers on commitments in The Way Forward to strengthen the province’s economic foundation. The Way Forward outlines all actions the Provincial Government is taking to achieve a strong, diversified province with a high standard of living, and can be viewed at

“An investment of $1.7 million in the Mineral Incentive Program helps further the work of prospectors and junior mining companies. Their work, supported by province’s Geological Survey, is the foundation for mineral exploration and mining development in Newfoundland and Labrador. Nearly 40,000 claims were staked in 2016 and 2017 which is approximately the total number for the previous four-year period combined.”
Honourable Siobhan Coady
Minister of Natural Resources

“Mining Industry NL strongly supports measures that attract and leverage private investment into the mineral industry. The Mineral Incentive Program positively impacts our members’ prospecting and exploration projects and contributes to their success throughout the province.”
Ed Moriarity
Executive Director of Mining Industry NL

“Prospecting is a crucial part in the early phase of mineral exploration. Most of the present day and historic mines in the province were either directly or indirectly discovered by prospectors. Many prospectors avail of the small prospector assistance grants each year to conduct their field work. These grants go a long way in helping to pay for analyses of rock, soil and stream sediment samples, and to cover other expenses; such as accommodations, fuel and field supplies. Many prospectors would not be as active if it were not for the availability of the prospector assistance grants.”
Norm Mercer
Newfoundland and Labrador Prospectors Association

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Learn More

Mineral Incentive Program

Follow us @GovNL and @NR_GovNL

Media contacts
Nancy Hollett
Natural Resources
709-729-5777, 685-3372

Jessica Mercer
Membership Services Advisor

Norm Mercer
Newfoundland and Labrador Prospectors Association


The following projects and prospectors received grants in 2017-18 through the Mineral Incentive Program, which includes the Junior Exploration Assistance and the Prospectors Assistance Programs.

Junior Exploration Assistance Program



Grant Paid

Canada Fluorspar Inc.

AGS Project


GTA Resources and Mining Inc.

Burnt Pond Project


Sokoman Iron Corp.

Central NL Gold Project


Marathon Gold Corp.

Valentine Lake Project


Metals Creek Resources Corp.

Clark's Brook Property


Paragon Minerals Corp.

South Tally Pond Project


Adventus Zinc Corp.

Buchans Project


First Mining Finance Corp.

Ironbound Hill Property


1512513 Alberta Ltd.

Main River Project


Kings Bay Resources Corp.

Lynx Lake Property


Altius Resources Inc.

Sail Pond Property


Antler Gold Inc.

Wilding Lake Property


Puddle Pond Resources Inc.

Heritage Project

$ 27,523.59

New Dawn Resources Inc.

El Manuel Property


New Found Gold Corp.

Gander Gold Property


Search Minerals Inc.

Foxtrot Project


Big Land Exploration Ltd.

Brianna Property


Maritime Resources Corp.

Green Bay Property


Champion Iron Ltd.

Powderhorn-Gullbridge Property


Torq Resources Inc.

Central NL Gold Project


Anaconda Mining Inc.

Argyle Deposit - Point Rousse Project


Vulcan Minerals Inc.

Springdale Property


Quadro Resources Ltd.

Staghorn Project


Red Moon Resources Inc.

Black Bay Nepheline Property


Maximos Metals Corp.

Labrador North West Property


Great Atlantic Resources Corp.

Golden Promise Project


Ubique Minerals Ltd.

Daniel's Harbour Property


44049 Yukon Inc.

Ashuanipi South Project







Prospectors Assistance Program


Grant Amount

Brian Jones


Larry Rogers


Larry Rogers


Chad Kennedy


Peter Rogers


Peter Rogers


Larry Quinlan


Jason White


Wayde Guinchard


Wayde Guinchard


Wayde Guinchard


Mervin Quinlan


Shawn Rose


Cameron Martin


Herb Froude


Kevin Stagg


Leonard Skanes


Roland Quinlan


Lloyd Pike


Ron Taylor


Joseph Walsh


Calvert Davis


Mark Stockley


George Lannon


Kenneth Lewis


Darrin Hicks


Ross Collier


Stephen Stockley


Tim Howse


Roy French


Clyde Burt


Ronald Sweetapple


Alexander Duffitt


Alexander Duffitt


Roland Bryans


Everett Burt


Albert Stone


Dan Kelly


Keith Kelloway


David Hicks


Greg Pittman


Gordon Lawrence


Jeff Brushett


Robert John Snook


Colin Kendell


Trevor Shawn Vardy


Barbara D Pike




2018 05 10                                                   12:45 p.m.