Dear Editor:
Announcements last week by Premier Christy Clark came as welcome news for mineral explorers in B.C. The province will extend a $10-million tax credit to the end of the year in support of mining exploration, and new fees will not be charged to exploration companies.
This will definitely benefit junior explorers who are in need of support, particularly following last year, which saw a 29 per cent dip in spending on exploration.
In order to make vital mineral discoveries, which in turn increases the chances of new job-creating mines being opened in B.C., we must continue to foster a climate that is favourable for explorers.
Remember, we built B.C. on the minerals beneath our feet and they remain an integral part of our economy. Exploration leads to working projects, and working projects lead to increased economic activity, jobs and ultimately to balancing our provincial budget and enhancing the diversity of our provincial economy.
Donald Leung, Burnaby
