The provincial government wants to encourage mineral exploration in targeted areas of the province, so, it is now taking applications for a new incentive program.
The program is designed to cover a portion of expenditures associated with ground-based exploration, and offers a rebate of 25 per cent of eligible direct drilling costs to a maximum of $50 thousand per company on a pro-rated basis.
The focus is base metals, precious metals, and diamonds.
Energy and resources Minister Bronwyn Eyre says the program will generate jobs in northern and rural mining communities.
Total funding for the incentive is capped at $750 thousand for the 2018-19 year.