The Mining Incentive Program has been very well received in the Northwest Territories, especially with the downturn in the economy. In the two years that we ran the program, it's been oversubscribed. We had $400,000 available for the exploration side; that was oversubscribed. There was about $1.4 million requested and we only had $400,000, so it's obviously filling a very important void. On the prospector's side, it has been fully subscribed where prospectors in a number of regions have taken the training and have received funding through the prospector's program. I think it's going to benefit the industry going forward and especially when the commodity prices recover.
Bob McLeod on Question 147-18(2): Supporting Mineral Exploration And Mining Sector
In the Legislative Assembly on June 2nd, 2016. See this statement in context.
Question 147-18(2): Supporting Mineral Exploration And Mining Sector
Oral Questions
June 1st, 2016
See context to find out what was said next.