Generation Mining Ltd. is pleased to announce results from the first three holes drilled in the Chonolith area immediately north of the Marathon palladium-copper deposit in Northwestern Ontario. The Company completed a positive feasibility study which contemplates the development of an open-pit mining operation with robust project economics over a 13-year mine-life. As with recently completed work on the Central Feeder [...]
Generation Mining Ltd. is pleased to announce the addition of a new senior member to the management team, and that it has delivered concentrate samples to multiple select smelters that have indicated an interest in purchasing Cu-PGM concentrates that would be produced at the Marathon palladium-copper project in Northwestern Ontario. Jean-Paul Deco has joined the Company having previously worked as the head of Glencore's [...]
Generation Mining Ltd. is pleased to announce results from the summer drill program of the Central Feeder Zone immediately adjacent to the Marathon palladium-copper deposit in Northwestern Ontario . In Q1-2021 the Company completed a positive feasibility study which contemplates the development of an open-pit mining operation with robust project economics over a 13-year mine-life. Current exploration activities are [...]
Generation Mining Ltd. is pleased to announce that it has appointed Endeavour Financial as its Financial Advisor to provide financial advisory services with respect to the development of the Marathon palladium-copper project in Northwestern Ontario . Kerry Knoll, Executive Chairman, commented, "We look forward to working with the Endeavour Financial team to evaluate the many financing proposals we have received and to [...]
Generation Mining Ltd. announces that an Emergency Area Order from the Ontario Ministry of Energy, Northern Development and Mines pausing drilling at the Company's Marathon palladium-copper project has been lifted and that drilling is expected to resume shortly. Other exploration activities such as mapping and sampling were not affected by the order. At the time of suspension, the 8,000-metre drilling program was more [...]
Generation Mining Ltd. announces that due to an Emergency Area Order from the Ontario Ministry of Energy, Northern Development and Mines, drilling on the Company's Marathon project has been temporarily suspended. The order is related to the high risk of forest fires in the area. Other exploration activities such as mapping and sampling are continuing. At the time of suspension, the 8,000 metre drilling program was more [...]
Generation Mining Ltd. is pleased to announce that the Company's joint venture partner in the Marathon Palladium Copper project , Sibanye-Stillwater, has elected not to exercise its ownership increase right to expand its ownership in the project to 51%. As a result, Gen Mining will retain effective operatorship of the Marathon Project and intends to advance the project expeditiously on the remaining key undertakings to [...]
Generation Mining Ltd. is pleased to announce the results of its annual meeting of shareholders held earlier today. All matters presented for approval at the Meeting were duly authorized and approved, as follows: each of the following nominees was elected as a director of the Company. The results of the shares voted in person or by proxy in respect of the election of each director are: Nominee Votes For Votes Withheld [...]
Generation Mining Ltd. is pleased to announce that with the spring thaw behind us, drilling has resumed on the Company's Marathon Project in Northwestern Ontario. An 8,000 m summer exploration program, in addition to the 2,000 m recently completed this winter, is planned. Drilling recommenced on May 15th, 2021 and is focused initially on the W-Horizon extension in the Central Feeder Zone area where the Company reported on [...]
Generation Mining Ltd. is pleased to announce results from the winter drill program of targets immediately adjacent to the Marathon palladium-copper deposit in Northwestern Ontario. The Company recently completed a positive feasibility study which contemplates the development of an open-pit mining operation with robust project economics over a 13-year mine-life. Current exploration activities are focused on evaluating the [...]
Generation Mining Ltd. is pleased to announce that in accordance with the terms of the Marathon joint venture agreement dated July 10, 2019 entered into between the Company and Stillwater Canada Inc., a subsidiary of Sibanye Stillwater Ltd. , the management committee of the joint venture has by majority vote approved the Company's Feasibility Study on the Marathon Palladium-Copper project in Northwestern Ontario . The [...]
Generation Mining Ltd. is pleased to announce the submission of the Environmental Impact Statement Addendum - Volume 2 for the Marathon Palladium Copper Project . The EIS provides an outline and analysis of key elements of the Project design, the environmental, economic and social components along with the mitigation, controls and benefits that will be present over the life-cycle of the Project from construction to final [...]