Canada's world-leading exploration and mining industry will benefit from a new federal investment in mineral exploration geoscience.
The Honourable Christian Paradis, Minister of Natural Resources, announced the third renewal of the Targeted Geoscience Initiative.
“The government of Canada recognizes that modern geoscientific information can help lower industry's exploration risks and support the search for undiscovered natural resources,” he said in a press release.
“We are committed to fostering economic growth throughout Caanda, improving our global competitiveness and helping create local employment in mineral-based communities.”
Led by Natural Resources Canada, the renewed Targeted Geoscience Initiative will provide integrated geoscience knowledge regarding areas of high mineral potential, with the aim of lowering risk and stimulating private-sector resource exploration.