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Mining Incentive Program

Budget increased to $1,000,000 for 2017-18!

 

About the Program

Rock hammer and sulphide mineralizationThe Northwest Territories (NWT) Mining Incentive Program (MIP) provides funding to prospectors and exploration companies who propose new exploration projects or are already carrying out NWT mineral exploration work. The MIP is intended to stimulate and sustain mineral exploration activities throughout the NWT and reduce the risk associated with grassroots mineral exploration - exploration that is vital to a healthy, sustained, and productive mining industry. The MIP is an initiative of the Northwest Territories Mineral Development Strategy (MDS) and was developed in response to the findings of the Stakeholders Engagement Panel. The MIP is modelled after successful incentive programs offered by other Canadian jurisdictions.

Application Deadline

Novus Gold exploration camp - Izok Lake area. Credit NTGSFunding is available under the Prospector Mining Incentive Program and the Corporate Mining Incentive Program. The 2017-2018 application deadline for both programs is April 29, 2017. Eligible expenses are those incurred during the period April 1st, 2017 to March 31st, 2018.

 

Prospector Mining Incentive Program

Drill core of Dumas Group rocks from old exploration camp. Credit: NTGS.Prospectors licenced to operate in the NWT can apply for up to $25,000 in funding. The funding limit was increased from $15,000.  For updated program information, please see the Prospector MIP Guide.

 

 

 

Corporate Mining Incentive Program

Float plane, lake, outcrop, field gearMineral exploration companies licensed to operate in the NWT can apply for up to $200,000 in funding representing up to 50% of eligible project expenses. The funding limit was increased from $100,000.   For updated program information, please see the Corporate MIP Guide.

 

 

MIP Contact Information

Phone: (867) 767-9211 x 63469
Email: NTGS@gov.nt.ca
Mail:
Mining Incentive Program
c/o Northwest Territories Geological Survey
PO Box 1320, Yellowknife, NT
X1A 2L9, Canada

Resources: 

MIP Corporate Guidelines (pdf/299.39 KB)

Mining Incentive Program - Corporate Guidelines - 2017

Mining Incentive Program - Prospector Guidelines - 2017

Mining Incentive Program FAQ