New Brunswick RFP | Potash exploration in southeastern New Brunswick
The funder does not disclose this information
Maximum Eligible Amount
Government Grant
Fund Type
The NB provincial government has issued a request for proposals for potash exploration in the Salt Springs and Cassidy Lake areas, southeast of Norton. This request for proposals is for exploration only. If no satisfactory proposals are received, exploration rights will not be issued.
Potash forms under limited geological conditions and has been identified as a critical mineral by Natural Resources Canada. It was placed on Canada’s Critical Minerals List 2021, a list of minerals essential to Canada’s economic security. Any successful proponent will enter into an exploration agreement outlining how the work will be done. Exploration activity of a damaging nature may not proceed without landowner permission and a work authorization from the department. The exploration agreement would also specify the terms of a mining lease agreement, which would be made available in the event the construction of a mine or processing facility were approved.
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