Applications open for Mineral Exploration and Training Resources
Ontario Continues to Support Jobs and Growth in Mineral Sector
Ontario is continuing to provide incentives to junior exploration companies to foster training and capacity building for new and potential prospectors, and to encourage Indigenous Peoples to become more involved in prospecting or gain employment in the mineral development sector.
The extended Junior Exploration Assistance Program (JEAP) will allow the Ontario Prospectors Association (OPA) to supply grants to qualifying junior exploration companies to complete early-stage exploration on properties in Ontario. To date, 43 exploration projects have been approved. Funding is now open for the fourth round of funding. Applications can be submitted until December 15, 2017.
The Junior Exploration Assistance Program is part of the province's Mineral Development Strategy. JEAP provides financial support to individuals and junior exploration companies to help increase exploration and discoveries in the province.
Investing in mineral exploration in Northern Ontario is part of our plan to create jobs, grow our economy, and help people in their everyday lives.
- Originally launched as a pilot program in 2015, the Junior Exploration Assistance Program to support junior exploration companies conducting exploration projects in Ontario and with a market capitalization of less than $5 million, by providing rebates of up to one third of junior companies’ exploration spending (reimbursed to a maximum of $100,000 for a single project).
- The Northern Ontario Heritage Fund Corporation (NOHFC) invested $5 million to establish the Junior Exploration Assistance Program, which is administered by the Ontario Prospectors Association.
- Program details and a JEAP guidebook can be found on Ontario Prospectors Association.
- Exploration expenditures in Ontario were approximately $371 million last year, and estimates for 2017 indicate a potential 31 per cent increase, to $486 million.
- Ontario was Canada’s top-ranking mineral producer in 2016, with mineral production valued at $10.6 billion.
- Ontario’s rich mineral endowment is generated by 39 underground and surface operations, comprising 29 metal mines and 10 non-metal mines.
“Exploration, mineral development and mining are vital contributors to Ontario’s economy. Our government is committed to supporting initiatives that generate opportunity and ensure rewarding jobs and quality of life for everyone in Ontario. Partnering with the OPA to continue the Junior Exploration Assistance Program demonstrates how working collaboratively builds the industry and strengthens Ontario’s global reputation as a mining powerhouse.”
“Junior exploration companies are critical in the mining sector, and JEAP is helping to attract and keep them here in Ontario. The Ontario Prospectors Association is pleased to continue our partnership with the province on the JEAP initiative. The first three rounds have greatly assisted the Ontario junior explorers to raise risk capital. The long-term effect of stimulating exploration in Northern Ontario is the discovery of new mines that support the economy.”
“GTA Resources is grateful to the province and the OPA for making the JEAP program a reality. JEAP is exactly the kind of program that makes a direct contribution to mining communities, junior explorers, First Nations and the mining industry in Ontario in general.”
Peter M. Clausi