Updated March 2026 · Verified against Government of Saskatchewan guidelines
▲ Growing ✓ First-Timer Friendly Reimbursement Est. 2018
Grant Provincial Active

Saskatchewan Targeted Mineral Exploration Incentive (TMEI)

Government of Saskatchewan
Maximum Funding
25% of eligible costs
Open (annual applications by December 31)
Visit Official Program →
Difficulty
Easy
Payment
Reimbursement
Trend
Growing
First-Timers
Friendly ✓
Co-Funding
25%
Saskatchewan Targeted Mineral Exploration Incentive (TMEI) provides up to 25% rebate on drilling costs; up to $150,000 per company; up to $50,000 for uranium. 25% rebate on eligible drilling costs for hard-rock mineral exploration in Saskatchewan, up to $150,000 per company or $50,000 for uranium exploration. The program covers up to 25% of eligible costs. Open (annual applications by December 31). (As of March 2026, verified against Government of Saskatchewan program guidelines)

Eligibility & Details

What this program funds and who can apply

Free

Program Description

25% rebate on eligible drilling costs for hard-rock mineral exploration in Saskatchewan, up to $150,000 per company or $50,000 for uranium exploration. Expanded in 2023 under Saskatchewan's Critical Minerals Strategy to cover all hard-rock minerals including lithium, rare earths, and base metals.

Eligibility Requirements

  • Mineral exploration company conducting hard-rock exploration in Saskatchewan
  • Eligible drilling activities on valid mineral dispositions
  • Must submit annual application by December 31
  • All hard-rock minerals eligible (expanded 2023)
  • Uranium exploration eligible at reduced maximum
Provinces
Industries
Natural Resources
Business Stage
Startup Growth Established

Quick Assessment

Difficulty
Easy
Competition
Low
Est. Hours
5h
First-Timer
Friendly

Funding Details

Amount
25% rebate on drilling costs; up to $150,000 per company; up to $50,000 for uranium
Type
Grant
Level
Provincial
Co-Funding
Up to 25% of eligible costs
Deadline
Open (annual applications by December 31)

Program Scorecard

Competition, effort, and approval at a glance

Hybrid
Competition
Low
Effort
~5 hours
Approval
Good
Accessibility
--/5
Competition
--/5
Approval Rate
--%
Premium See how this program compares on approval odds, difficulty, and competition — so you know if it’s worth your time.
Know your real odds before investing 40+ hours
Approval likelihood, realistic amounts, competition level, and what winners look like
Consultants charge $500–$2,000 per program. This Playbook is $19.
What's in this Playbook

Everything you need to win TMEI — $19

Not a marketing summary. The actual checklist, intel, and stack strategy reviewers look for.

Consultants charge $2,000–$5,000 per program. This Playbook is $19. Yours forever.

Applying for TMEI? Our Grant Proposal Template ($19) mirrors the section structure Canadian reviewers actually score on. Or get all 4 templates in the Founder Pack ($59 · saves $27) →

How to Win

Insider tips, common pitfalls, and what successful applicants look like

Premium
Insider Tip

Expanded in 2023 to cover all hard-rock minerals under Saskatchewan's Critical Minerals Strategy — previously limited to specific commodities. This makes Saskatchewan one of the most exploration-friendly jurisdictions in Canada. The 25% rebate directly reduces your all-in drilling cost. Stack with federal flow-through shares to effectively subsidize 60-70% of exploration costs for investors. Submit your application well before the December 31 deadline to avoid processing delays.

Premium See what trips up most applicants for this program — and how to avoid it.

Success Profile

Junior mining and exploration companies actively drilling in Saskatchewan's mineral-rich regions — particularly the Athabasca Basin (uranium), Trans-Hudson Corridor (base metals, gold), and emerging critical mineral targets (lithium, rare earths). Companies with active drill programs averaging $200K-$600K annual spend.

Premium See what successful applicants for this program actually look like.

Evaluation Criteria

Entitlement-style rebate — no competitive scoring. All qualifying applications submitted by December 31 with eligible drilling costs, valid mineral dispositions, and complete documentation receive the 25% rebate up to program maximums. Budget has accommodated all valid applications in prior years based on 2018–2025 results ($5.9M distributed across 96 applications). Applications reviewed for completeness and eligibility by Saskatchewan Geological Survey staff.

Premium See exactly what reviewers score on — so you know where to focus.
Don’t waste 5 hours on a preventable rejection
Common rejection pitfalls, what winners look like, and exactly what reviewers score on
Paid grant writers quote $2,000–$5,000 per program. Start with the $19 Playbook first.

Application Playbook

Step-by-step process, required documents, and expenses

Premium 7 steps 5 docs

Application Steps

1 Review TMEI regulations and FAQ on Saskatchewan government website
2 Conduct eligible drilling program on valid Saskatchewan mineral dispositions (April 1 – March 31)
3 Notify Ministry of program status by February 1 (mid-year notification requirement)
4 Complete and submit TMEI Application Form by December 31 of the drilling year
5 Prepare Verification of Work Form with all supporting documentation
6 Submit Verification of Work Form with drilling invoices, drill hole logs, coordinates, and assessment work filings by April 30
7 Await Ministry assessment and rebate payment (8–12 weeks post-April 30)

Required Documents 5

TMEI application form
Drilling cost invoices and proof of payment
Drill hole logs and location coordinates
Valid mineral disposition documentation
Assessment work filings with Saskatchewan Ministry of Energy and Resources

Eligible Expenses 5

  • Drilling costs (core, rotary, and directional drilling)
  • Logging and downhole survey costs
  • Borehole geophysical surveys
  • Ground geophysical surveys
  • Pre-sampling geological and geotechnical tasks directly associated with eligible drilling

Ineligible Expenses 6

  • Drilling on mining leases (development/production drilling — exploration drilling on mineral dispositions only)
  • Surface trenching and bulk sampling (not drilling)
  • Airborne geophysical surveys
  • General geological mapping costs
  • Administrative overhead and project management fees
  • Costs not supported by invoices or proof of payment

Intake Periods

Annual cycle. Applications accepted January 1 through December 31 for exploration conducted during that calendar year. Verification of Work Form due April 30 of the following year. The program runs on a calendar year basis — note this differs from BC's fiscal year model.

Deadline Notes

Annual program with applications accepted by December 31 of each year for exploration conducted during that calendar year. Rebate paid following year after assessment.

Open Application Portal →

Ineligible Organizations

  • Companies drilling on mining leases (producing or development-stage properties)
  • Companies conducting non-drilling exploration (trenching, sampling only)
  • Applicants without valid mineral dispositions in Saskatchewan
  • Companies with drilling not documented by invoices
Premium Get the step-by-step application guide — documents, timeline, and what to prepare.

Funding Stack Strategy

Compatible programs, clawback risk, and combined funding potential

Premium 4 partners

Compatible Programs

Mineral Exploration Tax Credit (METC) Critical Minerals Exploration Tax Credit (CMETC) Saskatchewan Mineral Exploration Tax Credit (SMETC) Yukon Mineral Exploration Program (YMEP)
Combined Funding Potential See your total funding potential

Clawback Risk

Low Risk
Premium See which programs combine with this one — and how much more you could get.
See your total funding potential across 4 programs
Stacking amounts, clawback details, government stacking limits, and tax implications
One avoided clawback typically outweighs the $19 Playbook cost by 50–100×.

How TMEI Compares

Side-by-side with similar programs

Free
Program Amount Difficulty Payment Deadline
Saskatchewan Targeted Mineral Explora... up to $150,000 Easy Reimbursement Open (annual...
Yukon Mineral Exploration Program (YMEP) Up to $15,000 Easy Reimbursement Annual intake
Investments in Forest Industry Transf... Up to $10 million Hard Mixed (Advance + Reimb.) Periodic Calls for...
Mining Innovation Commercialization A... Up to $500,000 Moderate Reimbursement Periodic Calls for...
Critical Minerals R&D and Demonstrati... Up to $5,000,000 per project Hard Milestone-Based Between intakes — EOI...

Related Programs

Other programs you might be eligible for

Free

Frequently Asked Questions

Quick answers to the questions founders most often ask about TMEI

Free
Can I apply for uranium exploration?
Yes, but the maximum rebate is capped at $50,000 (25% of eligible costs) versus $150,000 for other hard-rock minerals. All hard-rock minerals are now eligible under the 2023 expansion.
How much do I get for a $200K drilling project?
You'd receive $50,000 (25%) for a $200K project, up to the $150,000 max. For uranium, it's $50K max regardless of project size.
When do I get paid after applying?
Reimbursement is paid the year following your exploration year. For 2024 applications, payments are typically issued in Q2 2025 after assessment.
What's the #1 reason applications get rejected?
Submission after December 31 deadline or using expired mineral dispositions — 65% of rejections are due to these two issues.
Can I stack this with federal tax credits?
Yes, stack with federal METC (15%) or CMETC (30%) for critical minerals — combined with TMEI, you can effectively reduce exploration costs by 60-70% for flow-through share investors.

Browse More Funding