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ARTICLE · 23 OCTOBER 2018

Saskatchewan Introduces New Targeted Mineral Exploration Incentive

Long regarded as one of the most attractive mining investment jurisdictions globally, Saskatchewan just improved its position again

CanadaEnergy and Natural Resources

Long regarded as one of the most attractive mining investment jurisdictions globally, Saskatchewan just improved its position again! On September 27, 2018, the Government of Saskatchewan introduced the new Targeted Mineral Exploration Incentive by enacting The Targeted Mineral Exploration Incentive Regulations and repealing The Mineral Exploration Incentive Regulations.

The new Targeted Mineral Exploration Incentive focuses on base metals (copper, lead, nickel and zinc), precious metals (gold, silver, platinum, palladium, osmium, iridium, ruthenium and rhodium) as well as diamonds in the Creighton-Flin Flon region and other areas (see Eligible Area Map here). The Targeted Mineral Exploration Incentive is designed to cover a portion of expenditures associated with ground-based exploration activities specifically surface drilling, including but not limited to the following:

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