Mining Incentive Program

Special 2021-22 Winter MIP Offering

 

The Canadian Northern Economic Development Agency (CanNor) has confirmed new funding of $500,000 to support a second call for Mining Incentive Program (MIP) applications in 2021-22, focusing on winter exploration. Five grants of $100,000 will be awarded to projects that focus on advanced exploration (mineral deposit targeting, mineral deposit testing, etc.), innovative research and development projects that support detailed exploration, or early-stage mineral production. The funding will provide a maximum of 60% of eligible project expenses. This special 2021-22 winter MIP offering is not intended for grassroots-level exploration and is not expected in the future.

The deadline for applications is October 29, 2021.

 

Support for NWT Mineral Exploration

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 2021-2022 application deadline for both programs is April 30, 2021. Eligible expenses are those incurred during the period April 1st, 2021 to March 31st, 2022.

 

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 and MIP COVID UPDATE - May 12, 2020.

 

 

Corporate Mining Incentive Program

Float plane, lake, outcrop, field gearFor 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 and MIP COVID UPDATE - May 12, 2020.

 

 

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