15 NWT projects receive Mineral Incentive Program funding for 2025/2026

Press Release

November 25, 2025

The GNWT has posted the funding allocation for the Mineral Incentive Program (MIP) 2025/2026 intake period. 15 total projects have received funding, including two Prospector Projects and 13 Corporate Projects:

• Corporate Projects:
  • DEMCo Ltd. — Camsell River
  • Fireweed Metals Corp — Gayna Project
  • Gold Mining Inc. — Yellowknife Gold
  • Gold Terra Resource Corp. — Northbelt – Mispickel
  • Gold Terra Resource Corp. — South Belt – Con Deep
  • Golden Pursuit Resources Ltd. — Gordon Lake
  • Northern Critical Metals Corp. — Tharsis
  • Panarc Resources Ltd. — Indian Mountain Lake
  • Rackla Metals Inc. — O’Grady – Lened
  • Redbed Resources Corp. – Redstone Regional
  • Sixty North Gold Corp. — Mon
  • Slave Lake Zinc Corp. — O’Connor Lake
  • White Cliff Minerals Ltd. — Spark Plug
• Prospector Projects:
  • Jared Suchan
  • Stephan Poitras

For all projects and funding amount allocations, access the complete list of MIP recipients on the Open Data portal.

MIP provides annual funding for proposed new exploration projects or ongoing mineral exploration work in the Northwest Territories. Funding is divided into a prospector funding stream (up to $25,000 per project) and a corporate funding stream (up to $240,000 per project).

Annual intake for MIP typically opens in early February. Follow us on social media for announcements or contact the Northwest Territories Geological Survey (NTGS) for more information.

Related Links

• Mining Incentive Program (MIP) Recipients (Open Data)
• Prospector Mining Incentive Program
• Corporate Mining Incentive Program
• Northwest Territories Geological Survey (NTGS)

For media requests, please contact:

Melvin Leonard
Assistant Director, Public Communications
Industry, Tourism and Investment
Government of the Northwest Territories
ITICommunications@gov.nt.ca
(867) 767-9202 Ext. 63038

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