The Mineral Exploration Assistance Program that delivers financial assistance to companies carrying out mineral exploration in Manitoba will invest 3 million dollars in 2014-15 to support 22 new projects.

The program provides up to 50 per cent of approved eligible expenses to encourage exploration in under explored frontier regions including the northern superior, far north and Hudson Bay lowland areas. Those areas are where new discoveries can help sustain existing communities such as Lynn Lake and Leaf Rapids. 

Three of the 22 projects receiving funding this year are in Lynn Lake and Leaf Rapids and three are in the frontier region. 12 projects are exploring for gold, 5 for copper-zinc, 3 for nickel and one each for graphite and uranium. The government notes for every 1-million dollars they invest in financial assistance, up to 8 million is generated for the Manitoba economy through exploration expenditures.

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