The Northwest Territories Geological Survey has launched the 2021-22 application period for the NWT Mining Incentive Program (MIP).

The NWT MIP provides funding to prospectors and exploration companies who propose a new exploration project or are already carrying out NWT mineral exploration work.

There was several program changes made in response to COVID-19 to the 2020-2021 MIP.   This year (2021-2022) those program changes will continue as the impacts from the COVID-19 pandemic are expected to continue to negatively impact NWT mineral exploration.

The key program changes for 2021-22 are:

• The maximum funding for corporate projects remains at 60% of eligible expenses (up from 50% pre-pandemic).
• The maximum funding for corporate projects is $240,000 (up from $200,000 pre-pandemic).
• Proposals for advanced mineral exploration project will be considered for funding.
• NWT expenses related to self-isolation, expediting, and program logistics remain eligible for MIP funding (were not eligible pre-pandemic).
• Remote community access requires proof of community engagement and a risk assessment plan.
• A checklist will be used to confirm applicants’ understanding of NWT public health orders.

In a return to the normal MIP program timeline, this year’s application deadline has been set for April 30, 2021.

For more information about the MIP and application instructions, please visit the NTGS website here:

NTGS Website