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Prospector Mining Incentive Program | Northwest Territories Geological Survey (NTGS)

April 26, 2024

Value

Up to $25,000.

Description

This program provides funding to prospectors and exploration companies who propose new exploration projects or are already carrying out mineral exploration work in the Northwest Territories (NWT).

Eligible Applicants

Applicants must:

  • Have a valid NWT Prospecting License (available at the Mining Recorder’s Office).
  • Possess a registered Canadian bank account for the transfer of grant money.
  • Only submit proposals for areas in which they have the legal right to conduct exploration (information on staking is available at the Mining Recorder’s Office).
  • Propose a well‐conceived and technically‐sound exploration program to be considered for MIP funding. Applications will be evaluated by the expert staff of the Northwest Territories Geological Survey (NTGS) and other divisions of the Department of Industry, Tourism and Investment (ITI).
  • Maximize the use of NWT goods and services will be ranked higher than comparable applications that do not provide this benefit to the NWT.
  • Ensure that the proper permitting is in place and that work programs comply with existing laws and regulations (information on the Mining Regulations is available at the Mining Recorder’s Office).
  • Be prepared at all times to demonstrate compliance with the most current CPHO orders and guidance.

Applicants are strongly encouraged to discuss their exploration activities with local communities.

Eligible Expenses

 

Eligible expenses are those incurred during the period April 1st of the previous year to March 31st of the year that the application is submitted (eg: April 1, 2024 to March 31, 2025), including:

  • Wages
  • Food and Consumables
  • Field Gear
  • Fuel
  • Travel
  • Analysis
  • Equipment Rental
  • Professional Consultation
  • Self-Isolation
  • Logistics and Expediting

Deadline Date

The deadline to apply is April 26, 2024.

Contact

Contact Name: Northwest Territories Geological Survey

Phone Number: 867-767-9211 poste 63469

E-mail Address: NTGS@gov.nt.ca

Website: https://www.iti.gov.nt.ca/en/services/prospector-mining-incentive-program

Location:

NWT

Tags:

Mining

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There is grant money waiting for YOU! BUT if you step in a “grant trap,” your application is a NO! Learn the FIVE most common errors to AVOID in government grants! Get the 5 Grant Gotchas now to save you countless hours.

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