The Northwest Territories (NWT) Mining Incentive Program provides funding to prospectors and exploration companies who propose new exploration projects or are already carrying out NWT mineral exploration work
The Program is intended to stimulate and sustain mineral exploration activities throughout the NWT and reduce the risk associated with grass roots mineral exploration - exploration that is vital to a healthy, sustained, and productive mining industry.
It 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 Mining Incentive Program is modeled after successful incentive programs offered by other Canadian juridictions.
In 2017, funding for the program was increased from $400,000 annually to $1 million in order to better support the future of exploration in the Northwest Territories.
This program is facilitated by the Northwest Territories Geological Survey (NTGS). View the full program description and download all relevant forms here.
2019 Recipients
|
Recipient |
Commodity |
Region |
Funds Awarded |
|
Corporate |
|||
|
Evrim Resources Corp. |
Gold |
Sahtu |
$40,636 |
|
Margaret Lake Diamonds Inc. - Diagras |
Diamonds |
North Slave |
$160,000 |
|
North Arrow Minerals Inc. |
Diamonds |
North Slave |
$100,000 |
|
Pine Point Mining Ltd. |
Lead-Zinc |
South Slave |
$200,000 |
|
StrategX Elements Corp. - 939 Project |
Cobalt and Diamonds |
North Slave |
$100,000 |
|
StrategX Elements Corp. - East Arm Project |
Cobalt and Diamonds |
North Slave |
$140,000 |
|
TerraX Minerals Inc. |
Gold |
North Slave |
$62,982 |
|
Prospectors |
|||
|
Brayden St. Pierre |
Gold |
North Slave |
$19,245 |
|
Christopher Schott |
Gold, Lithium |
North Slave |
$5,910 |
|
Danny Yakeleya |
Gold |
Sahtu |
$17,500 |
|
Dave Nickerson |
Gold, Multiple Metals |
North Slave |
$7,500 |
|
Dave Smith |
Diamonds |
North Slave |
$14,000 |
|
Drake Hyden |
Gold |
North Slave |
$18,392 |
|
James Boylan |
Gold, Lithium |
North Slave |
$3,367 |
|
Jared Suchan |
Diamonds |
North Slave |
$21,250 |
|
Keith Hickling |
Multiple Metals |
Sahtu |
$8,558 |
|
Lane Dewar |
Gold |
North Slave |
$18,437 |
|
Ryan Bachynski |
Diamonds |
North Slave |
$21,250 |
|
Wayne Kendrick |
Gold |
North Slave |
$25,000 |
|
Total Funds Awarded: $984,027 |
|||
Total Prospector Funding: $180,409
Total Corporate Funding: $803,618
Total Funding Request: $2,517,737
| Attachment | Size |
|---|---|
 Mining Incentive Program 2018 Recipients | 124.89 KB |
| Mining Incentive Program 2017 Recipients | 340.71 KB |