Generation Mining Ltd. is pleased to announce that it has signed a Letter of Intent with Sibanye Gold Limited, trading as Sibanye-Stillwater which allows the Company to earn an initial 51% interest in Sibanye-Stillwater’s Marathon PGM deposit located near Marathon, Ontario . The Property consists of 44 mining leases totaling 3,013 hectares, and an additional 82 contiguous mining claims covering 13,312 hectares. The [...]
Generation Mining Ltd. is pleased to announce that it has received Depository Trust Company eligibility making the Company’s stock more accessible for U.S. investors. Gen Mining’s common shares have been made eligible for book-entry delivery and depository services of the DTC to facilitate electronic settlement of transfers of its common shares in the United States. DTC eligibility will simplify the process of [...]
Generation Mining Ltd. is pleased to announce additional results from the 2018 airborne VTEMTM survey on the western portion of the Rawdon property in Nova Scotia, where 976 line kilometres of VTEMTM survey were flown in late 2018 . Map of central Nova Scotia showing the location of historic base metal, gold and gypsum mining. Generation Mining mineral licenses are outlined in red and comprise the Rawdon West and Rawdon [...]
Generation Mining Ltd. is pleased to announce that all permits have been received for a sampling program on the Alberta Zinc property near High Level, Alberta, and that work will commence next week. The program is designed to pinpoint the source of a 4,000-square-kilometre zinc in till anomaly, as manifested by the presence of sphalerite grains, discovered by the Geological Survey of Canada and the Alberta Geological [...]
Generation Mining Ltd. is pleased to announce initial results from the 2018 airborne VTEM survey, part of the base metals exploration program in central Nova Scotia. The program has identified a number of anomalies representing high-priority drill targets on the recently-staked Rawdon East property. A 222 line-km VTEM survey, completed in August, has identified VTEM anomalies in geologic units which host a number of [...]
Generation Mining Ltd. is pleased to announce continuing interpretation of results from the summer Magnetotelluric program at its Darnley Bay property near Paulatuk, Northwest Territories. The property is underlain by the Darnley Bay Anomaly which is the largest currently known gravity and magnetic anomaly in North America . The program has had the dual result of imaging the deep source of the Darnley Bay Anomaly and [...]
Generation Mining Ltd. announces that it has acquired 4,200,000 common shares in the capital of Eastern Zinc. The Acquiror was a party to an option agreement dated May 24, 2018 between the Acquiror and John Bernard Kreft whereby the Acquiror held an option to acquire a 100% interest in the Clear Lake Property in Yukon. Pursuant to an assignment, assumption and amending agreement in respect of the Clear Lake Property dated [...]
Generation Mining Ltd. is pleased to announce preliminary results from the summer Magnetotelluric program at its property near Paulatuk, Northwest Territories. The program has had the dual result of imaging the deep source of the Darnley Bay Anomaly and outlining a number of large discrete exploration targets nearer to the surface. The Darnley Bay property hosts the strongest known land-based gravity anomaly in the world [...]
TORONTO, July 23, 2018 -- Generation Mining Ltd. is pleased to report that final staging by technical crews from Geotech Ltd. of Aurora, Ontario, is under way for a helicopter-borne Versatile Time-Domain Electromagnetic and magnetics survey, of approximately 1000 line-kilometres, over the Company's Kennetcook, Nova Scotia base metal project. The modern VTEM™ Max method is ideally suited for locating the discreet [...]
TORONTO, July 19, 2018 -- Generation Mining Ltd. is pleased to announce the large ground magnetotelluric geophysical survey has commenced at the Company’s property near Paulatuk, N.W.T. The Company’s plan is to collect MT data from over 100 MT stations over a 40 x 50 km area blanketing the Darnley Bay geophysical anomaly, which covers most of the strongest known land-based gravity anomaly in the world together [...]
TORONTO, June 14, 2018 -- Generation Mining Ltd. is pleased to announce the receipt of a Land Use Permit from the Inuvialuit Land Administration, which will allow the Company to perform geophysical surveys on the Company's Darnley Bay, Northwest Territories property . The Company received the Permit on June 11th, 2018 and expects to commence its field exploration work by the middle of July. The Company is following up on [...]
Generation Mining is pleased to announce that Rod Thomas, P. Geo., has been appointed as a Director and Vice President - Exploration of the Company. Mr. Thomas, who has an extensive career in mineral exploration around the world, has mainly been focused in Canada during the past 40 years. Upon obtaining a Masters degree in Applied Science at Queen's University, Mr. Thomas spent 16 years with BHP Minerals Canada, including [...]
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