Mining Incentive Program

Support for NWT Mineral Exploration

Rock hammer and sulphide mineralizationThe 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. 

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 2024-2025 application deadline for both programs is April 26, 2024. Eligible expenses are those incurred during the period April 1st, 2024 to March 31st, 2025.


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. 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 $240,000 in funding representing up to 60% of eligible project expenses. For updated program information, please see the Corporate MIP GuidePlease note there is a page limit for Corporate Applications. Applications must not exceed 15 pages.


MIP Contact Information

Phone: (867) 767-9211 x 63469
Mining Incentive Program
c/o Northwest Territories Geological Survey
PO Box 1320, Yellowknife, NT
X1A 2L9, Canada