Nineteen mining exploration projects recently got a helping hand from the Government of the Northwest Territories.
The GNWT announced it handed out just under $1 million through its Mining Incentive Program this year.
The majority of that money, about $800,000 went to mining corporations and the rest to individual prospectors.
One of the corporate recipients include Pine Point Mining, which got the maximum $200,000 for lead and zinc exploration in the South Slave.
The second highest recipient was Margaret Lake Diamonds, which got $160,000 for exploration at its Diagras property near Lac de Gras, close to the Diavik and Ekati mines.
As for individual prospectors, the maximum they can receive is $25,000. Most of them were for gold or diamond projects in the North Slave region.
Here’s the full list of recipients.
