Mining Incentive Program |Northwest Territories Geological Survey (NTGS)

Description

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. The MIP 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 MIP is modelled after successful incentive programs offered by other Canadian jurisdictions.