9 June 2014
Yellowknife, NT (June 9, 2014) – The Chamber of Mines congratulates the Government of the Northwest Territories (NWT) on their newly announced Mining Incentive Program that will help rejuvenate mineral exploration in the NWT. The program provides funding to eligible prospectors and exploration companies who propose new NWT explorations projects or are already carrying out mineral exploration work in the territory.
“Mining is the number one industry in the NWT and we are proud of our commitment to environmental stewardship and the success we have had in bringing employment and business opportunities to local people and their communities. The current mines won’t last forever so more investment in exploration is required to find new mines to replace those that close. We are hopeful that the Mining Incentive Program will be an incentive for increased exploration investment in the NWT,” said Chamber president Brooke Clements. “These incentives may also assist in developing a new generation of prospectors. We are pleased that the GNWT, the new NWT landlord, is taking proactive steps under its Mineral Development strategy to support the mining and exploration industry.”
The NWT Government's release is found here.
The correct link for the application forms and submission deadline is found here.