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Mining Incentive Program (MIP)

Grants to Northwest Territories Individuals and Companies
to Increase Sustainability and Productivity in the Mining Industry

Agency Type:

State

Funding Source:

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Northwest Territories Geological Survey (NTGS)

Deadline Date:

04/30/21 11:59 MDT

Description:

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Grants to Northwest Territories individuals and companies to increase the sustainability and productivity of the mining industry. Funding is intended to support investigations related to new mineable deposit locations and the continuation of ongoing investigations. Grants may be used to support geological survey projects. The MIP includes two programs: the Prospector Mining Incentive Program and the Corporate Mining Incentive Program.

The Northwest Territories (NWT) Mining Incentive Program (MIP) provides funding to prospectors and exploration companies that 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.

MIP funded prospectors and corporations may claim expenses related to food/consumables, field gear, wages, fuel, travel, analysis, equipment rental, contracting, and exploration. For corporations, report preparation is also considered an eligible expense.  

For more information on eligible expenses, see: https://www.nwtgeoscience.ca/sites/ntgs/files/resources/mip_prospectorguidelines-e_2021_0.pdf#page=9 (for Prospectors) 

or https://www.nwtgeoscience.ca/sites/ntgs/files/resources/123-mip_corporateguidelines-e_2021_0.pdf#page=13 (for Contractors)

GrantWatch ID#:

GrantWatch ID#: 180594

Estimated Size of Grant:

Eligible prospectors may apply for exploration grants of up to $25,000.

Eligible corporate applicants may apply for exploration grants of up to 60% of eligible expenses to a maximum of $240,000. Eligible expenses refer to the part of a program for which the MIP money is designated, not the overall program budget. This means a program would need to demonstrate $400,000 worth of eligible expenses to qualify for a maximum grant of $240,000.

Term of Contract:

Eligible expenses are those incurred during the period April 1, 2021, to March 31, 2022.

Additional Eligibility Criteria:

Prospector MIP Applicants must meet the following qualifications:
- Individuals must possess a valid NWT prospecting license
- All applicants require a registered Canadian bank account for the transfer of funds.

Corporate MIP Applicants must meet the following qualifications:
- Companies must have the legal right to conduct mineral exploration in the NWT
- All applicants require a registered Canadian bank account for the transfer of funds.

Ineligible Expenses for both Prospector and Corporate MIP:
• Capital expenses
• Staking costs
• Recording, renewing, grouping, transferring, or otherwise acquiring or maintaining an interest in a mineral property
• Management, legal, or accounting fees
• Travel to the NWT
• Activities directly resulting in net income from mineral production
• Expenses related to reclamation
• Expenses related to community consultation
• Personal expenses

Pre-Application Information:

The 2021-22 deadlines for the MIP are:
- Application Deadline: Friday, April 30, 2021 (11:59 MDT)
- Interim Reporting Deadline: 31 August 2021
- Project Completion Deadline: 31 March 2022
- Final Reporting Deadline for Summer Work: 30 November 2021
- Final Reporting Deadline for Winter Work: 1 April 2022
- Return of unspent MIP Funds: 1 April 2022
- Annual Spending Update Deadline: 1 April, each year until the program is completed

Applications must be either dropped off, mailed, or submitted via email or fax to the NTGS office before the application deadline. Applications received after the application deadline will not be considered.

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

Deadlines: https://www.nwtgeoscience.ca/services/mining-incentive-program/deadlines

MIP Guidelines: https://www.nwtgeoscience.ca/services/mining-incentive-program/mip-guidelines

Application and Reporting Forms: https://www.nwtgeoscience.ca/services/mining-incentive-program/application-and-reporting-forms

Contact Information:

Before starting your grant application, please review the funding source's website listed below for updates/changes/addendums/conferences/LOIs.

Submit completed application forms to:

Northwest Territories Geological Survey
Industry, Tourism and Investment 4601‐
B 52 Avenue
P.O. Box 1320
Yellowknife, NT X1A 2L9
Email: NTGS@gov.nt.ca
Fax: 867‐873‐2652
Phone: (867) 767-9211 x 63469

URL for Full Text (RFP):

Geographic Focus:

Canada: Northwest Territories;

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