Small Mine Site

Mining Incentive Program

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.

This program is facilitated by the Northwest Territories Geological Survey (NTGS). View the full program description and download all relevant forms here.

2021 Recipients

Recipient

Commodity

Region

Funds Awarded

Corporate

     

Arctic Star Exploration

Diamonds

North Slave

$180,000

BNT Gold Resources

Gold

North Slave

$39,388

Canadian Zinc

Zinc, Silver

Dehcho

$96,000

Fortune Minerals

Gold

North Slave

$144,000

Golden Planet

Gold

North Slave

$120,000

Kennady Diamonds

Diamonds

North Slave

$168,000

Rover Metals

Gold

North Slave

$120,000

Corporate Total

   

$867,388

Prospector

     

Blake Mowbray

Gold

North Slave

$9,270

Colin Ross

Gold

North Slave

$9,214

Danny Yakeleya

Gold

Sahtu

$18,750

Dave Nickerson

Uranium

North Slave

$18,000

Dave Smith

Gold, Diamonds, Barite

North Slave

$18,750

Jared Suchan - Curiosity

Diamonds

North Slave

$20,000

Lane Dewar

Gold

North Slave

$18,750

Ryan Bachynski - Tharis 1

Rare Earth Elements

North Slave

$21,250

Prospector Total

   

$133,984

Total Funds Awarded

   

$1,001,372