I always appreciate the posts from RHammer and Been There, who invariably provide solid comments.

From my memory, I thought that negotiations to gain access to traditional aboriginal lands under the "duty to consult" principle, also quailfied as exploration expenses, but my quick read of available material indicates that there is some grey areas.

In 2007, the Canada Revenue Agency (CRA) sent a letter to the PDAC, providing guidance regarding expenditures related to community consultation, environmental studies and feasibility studies and their eligibility for CEE treatment. However, differences in the interpretation of these guidelines by industry and the CRA have led to some confusion as to which expenses are eligible.

Does anyone know if additional clarity has been put around this issue? You could certainly burn through a lot of CEE money without ever having put a drill bit in the ground.

Lakeside