In 2019-20 the Government of Saskatchewan Targeted Mineral Exploration Incentive increased mining investment in the province by supporting 37 new exploratory drill holes.  They report this generated approximately two million dollars in expenditures by exploration companies.  A total of five companies exploring for gold, zinc, copper and silver completed drill programs under the incentive each receiving 50 thousand dollars in funding for a total of 250 thousand dollars.

Energy and Resources Minister Bronwyn Eyre noted the incentive program has enhanced the competitiveness of Saskatchewan’s northern mining prospects.  In 2019 exploration expenditures in the province were 264 million dollars and the Saskatchewan mining sector generated 7.4 billion dollars in sales.