This program provides funding to local prospectors looking to identify the NWT’s next big mineral find by investing in the tools, equipment, and activities necessary to prospect.
Under the Prospector Support Program schedule, up to $6,000 drawn over three years, can be provided to:
- Purchasing tools and equipment; and
- Purchasing supplies and services directly related to prospecting activity.
There are minimum Equity Requirements, these are determined by community:
- Group 1 communities (Yellowknife, Hay River, Fort Smith, and Inuvik) – 30% of project costs
- Group 2 communities (all other communities within NWT) – 20% of project costs
Funding is available from April 1 to March 31st annually.
NWT Residents and entrepreneurs are encouraged to apply.
How to Apply
It is strongly recommended that you contact your regional Economic Development Officer to discuss your idea prior to the development of your proposal.
Complete an application form and attach all required documents identified in the application checklist.
Submit the completed application form to your regional office.