The Government of the Northwest Territories administers the Work Credit Program to award extra work credits for eligible exploration incurred during a calendar year.
Each participant will be granted up to 125% in work credit on eligible exploration activities. For example, if a participant spends $100,000 towards eligible work expenses, (and it is approved by the Mining Recorder), the work will be valued at $125,000 in work credits.
- Work done on mineral leases and prospecting permit areas are not eligible for the Work Credit Program.
- For the purpose of this Work Credit Program, “eligible work” is defined in subsection 1(1)(a) of the Mining Regulations.
- The work must be submitted in the form of a technical report of work as required by the Mining Regulations, and it must discuss only work conducted during the period April 1, 2022 to March 31, 2023.
- The actual work performed on each mineral claim must be reported as required by the Mining Regulations. Anyone submitting a work report should contact the Mining Recorder’s Office for information regarding the allocation of work credits.
- The Mining Recorder will conduct the work credit calculations after the regulatory review has been completed and approved.
The Work Credit Program has been extended! Work completed between April 1, 2022 and March 31, 2023 that is reported to the Mining Recorder no later than September 30, 2023, will now be credited 25 percent. To take advantage of the extra work credits, all work done between April 1, 2022 and March 31, 2023, must be reported to the Mining Recorder no later than September 30, 2023.
For more information, contact Jessica Bos, Mining Recorder at
Jessica_Bos@gov.nt.ca or at 867.767.9210 ext. 63175