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21INDUSTRYMININGTuesdayOctober72014ConstituencyMeetingAllresidentswelcome.Pleasefeelfreetoattendandraiseanyconcernsorissues.ForfurtherinformationcalltheRefreshmentswillbeavailable.Hon.J.MichaelMiltenbergerMLAThebachawillbehostingaConstituencyMeetingonTuesdayOctober142014at700p.m.attheNorthernLifeMuseum.ChrisMitchellAnyoneknowingthewhereaboutsofpleasecontactLouiseTremblay.Callcollectat613747-7800ext.2057.ByMEAGANWOHLBERGTheNWTgovernmenthasgivena400000leguptominingexplorationcompaniesandprospectorsthroughitsnewMiningIn-centiveProgramthatrolledoutinJunewiththeintentofboostingadecliningindustryintheterritory.EstablishedundertheNWTMineralDevel-opmentStrategytheprogramgivesfundstocompaniesalreadyengagedinminingproj-ectsorproposingnewonesintheterritorytooffsetsomeofthenancialriskassociatedwithmineralexploration.ResourceexplorationintheNorthisaveryhigh-costbusinessIndustryTourismandInvestmentMinisterDavidRamsaytoldTheJournalinanemail.Theprogramrec-ognizesthisandattemptswithinitsnan-cialmeanstohelpoffsetthatcost.SixcompaniesallofwhichhavealreadydonesomeworkintheNWTweregivenbe-tween50000and80000eachfromtheNWTGeosciencesOfcetodoexploratoryworkondiamondsgoldandmetalswhiletwoprospectorsreceived9500and12000toexploreforgold.Undertheprogramprospectorswereal-lowedtoapplyforupto15000infund-ingwhilecompanieswereeligibleforupto100000.Atotalofthreeprospectorsand11companiesappliedforthefunds.Wehadagreatresponseintherstyear.Thisindicatesthatprospectorsandcompa-nieswereactuallywaitingforsuchaprogramandknewhowtorespondwhentheMIPwaslaunchedRamsaysaid.Thoughitstooearlytosayifanewmineraldiscoverywasmadetheministersaidtheresagoodchancetheactivitywillresultinnewstakingandlong-termprojects.Itsacompetitiveprocesstoreceiveanawardandonlythebestprojectsarefunded.Sothisisnothandoutfundingtheappli-cantshavetoworkhardanddotheirhome-workRamsaysaid.Theprogramismodelledaftersimilarpro-gramsintheYukonandelsewhereinCanada.ThisyearYukonawarded1.4millionto44companiesandprospectors.Lastyeartheyawarded630000to55explorationproj-ectsrepresentinghalfofthetotalminingprojectsintheterritory.Thefundingledto300newlystakedmineralclaims.MostprovincesandterritoriesinCanadawanttoattractmineralexplorationinvestmentbecauseofallthesocio-economicbenetsthatarerealizedfromminingRamsaysaid.Inaveryrealsensewearecompetingwiththeseju-risdictionsandwanttosignalthatwealsowel-comethisinvestmentandaresupportiveofre-sponsibleexplorationandresourcedevelopment.NWTdolesout400KtominingjuniorsApplicantProjectTargetRegionFundingNameCommodityAwardedCorporateProximaDiamondsNorthernGemDiamondsTlicho80000SongfulResourcesHudexPropertyGoldSahtu65000DEMCoCamsellRiverExplorationMultipleMineralsSahtu65000PanareResourcesIndianMountainLakeBaseMetalsGoldAkaitcho65544TerraXMineralsYellowknifeCityGoldGoldAkaitcho50000NorthArrowMineralsRedemptionDiamondsTlicho50000ProspectorLaneDewarSitoLakeGoldGoldAkaitcho12000DaveNickersonHandleGoldAkaitcho9500TotalAwarded396044PhotoNathalieHeiberg-HarrisonTheHoneyBucketRacewasheldinInuvikonSaturdayforthersttimesincethemid-90s.OrganizerDezLoreensaidhehopestomakeitanannualeventagainintown.Itwasalsoafundraiserraising137fortheInuvikHomelessShelter.TwoteamsracedParksCanadaandInuvikComedytheonepicturedhere.FromlefttorightJozefSemmlerChrisChurchPaigeLoreenRyanBallas-KuzmanandBrandonLarocque.