Rentals of software licenses…

Rentals of software licenses should be an eligible expense. Many, if not most exploration companies use a variety of software to execute exploration programs. Whether those be for logging drill core, 3D modelling, geological interpretation, airborne interpretation etc. These software packages play a key role in the way that exploration is carried out in the modern day and can lead to significant discoveries from simply modelling historic data.

There cost is insignificant compared to the amount of money spent on a drilling program and it is frustrating for junior companies, or any company for the matter, to do work in Ontario and not be able to receive assessment credits for expenses that directly played a role in their work program.

The cost of snow plowing a road should be eligible. There are many drilling programs that happen in the winter months and it inevitably snows. This needs to be cleared for safety, access to the property, and as the most efficient means of travel for personnel and equipment. Again, this cost is insignificant compared to the cost of a drilling program.

Many of these costs which are not eligible for assessment credits are splitting hairs and equate to less than 1% of the over all budget of a drilling program. However, companies still want their dollar to go further and get as much assessment credits as they can for the work carried out. With this tightening of ineligible costs I foresee many companies walking away from working in Ontario due to the complexity of keeping receipts for every purchase made by third parties and then ending up with not being able recoup assessment credits for dollars spent to make the work happen.