NWT Mining Incentive Program

Exploration companies looking to advance mineral projects in the Northwest Territories often face high upfront costs long before a deposit is proven. The NWT Mining Incentive Program helps ease that financial pressure by sharing the cost of exploration work, making it easier for companies to move projects forward in one of Canada’s most geologically promising regions. Delivered by the Government of the Northwest Territories, the program supports mineral exploration activity across the territory, from early-stage grassroots targets through to more advanced programs.

Funding is structured as a non-repayable contribution that can cover a significant portion of eligible exploration expenses, with support reaching up to roughly $240,000 per project depending on scope and scale. The program is flexible enough to accommodate a wide range of exploration activities, while placing strong emphasis on technically sound project design, responsible environmental and social practices, and meaningful use of local NWT goods and services. Proposals are reviewed by territorial geological and industry experts, which helps ensure funded projects align with regional priorities and industry best practices.

Applications are currently being accepted, making this a timely opportunity for exploration companies with active or proposed work in the Northwest Territories. For businesses considering new field programs or looking to offset the cost of ongoing exploration, learning more about how the NWT Mining Incentive Program works could be an important step in planning your next season.