Small Mine Site

Mining Incentive Program

Support for NWT Mineral Exploration

The 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. 

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

Application Deadline

Funding is available under the Prospector Mining Incentive Program and the Corporate Mining Incentive Program. Eligible expenses are those incurred during the period April 1st, 2023 to March 31st, 2024.

Application – April 28, 2023

Interim Reporting – August 31, 2023

Final Reporting for Summer Work – November 30, 2023

Final Reporting for Winter Work – April 1, 2024

Prospector Mining Incentive Program

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.

Corporate Mining Incentive Program

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

Please note there is a new page limit for Corporate Applications. Applications must not exceed 15 pages, see the Corporate Guidelines and Corporate Application Form for further details.