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.

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