Support for NWT Mineral Exploration
The 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 total MIP budget is $1.5 million, and all levels of exploration, from grassroots to advanced, are eligible for funding.
Funding is available under the Prospector Mining Incentive Program and the Corporate Mining Incentive Program. The 2023-2024 application deadline for both programs is April 28, 2023. Eligible expenses are those incurred during the period April 1st, 2023 to March 31st, 2024.
Prospector Mining Incentive Program
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
For 2020-21 mineral exploration companies licensed to operate in the NWT can apply for up to $240,000 in funding representing up to 60% of eligible project expenses. For updated program information, please see the Corporate MIP Guide. Please note there is a new page limit for Corporate Applications. Applications must not exceed 15 pages. See the Corporate Guidelines and Corporate Application Form for further details.
Phone: (867) 767-9211 x 63469
Mining Incentive Program
c/o Northwest Territories Geological Survey
PO Box 1320, Yellowknife, NT
X1A 2L9, Canada