Generation Mining Ltd. announces the voting results from its annual meeting of shareholders held earlier today. The six candidates nominated for election to the Company's board of directors and listed in the Company's Management Information Circular dated May 5, 2024, were each elected by a majority of the votes cast by shareholders present in person or represented by proxy at the Meeting. Each director elected will [...]
Generation Mining Ltd. continues to advance the Marathon Palladium-Copper Project in Northwestern Ontario through project design optimizations. As the Company works to complete the permitting process and obtain the necessary government approvals to commence construction, it has engaged a construction-focused engineering firm to support design optimizations for the Project. The intent is to improve on the designs for [...]
Generation Mining Ltd. welcomes the recent report by the International Energy Forum entitled "Copper Mining and Vehicle Electrification", which states that the world will not be able to produce enough copper to transition to 100% electric vehicle production by 2035 - the target of many governments around the world. This IEF report goes on to state that "Policymakers might consider changing the vehicle electrification goal [...]
Generation Mining Ltd. is pleased to announce that it has filed a final short form base shelf prospectus with the securities regulatory authorities in each of the provinces and territories of Canada, except Quebec. The Company has filed the Prospectus in order to have greater financial flexibility going forward but has no immediate plans to issue any securities under it at this time, and may never proceed with any such [...]
Generation Mining Ltd. is pleased to announce results from the first phase of drilling at the Biiwobik prospect, immediately north of the Marathon palladium-copper deposit in Northwestern Ontario. The Company recently announced plans for a multi-phased exploration program that will target copper dominant and higher-grade palladium group metals prospects within its 26,000 hectare land package . This press release features [...]
Generation Mining Ltd. announces that it has signed a contract with Boart Longyear Canada for up to 8,000 metres of exploration drilling on a number of high-prospectivity copper targets north and west of its Marathon Palladium-Copper Project in Northwestern Ontario. Two phases of drilling as well as numerous field programs are planned. The winter program is focused on the Biiwobik prospect, which sits just north of the [...]
Generation Mining Ltd. announces that the Company will be hosting 1x1s and corporate presentations at several in-person conferences over the next two weeks including: BMO Global Metals, Mining & Critical Minerals Conference 2024 being held in Hollywood, FL February 25, 2024 to February 28, 2024; Red Cloud's Pre-PDAC 2024 Mining Showcase being held in Toronto, ON February 29, 2024 to March 1, 2024; and PDAC 2024: The [...]
Join the Generation Mining Ltd. team on Thursday, December 14, 2023 at 1:00 pm ET as they review key milestones achieved in 2023. Gen Mining's Jamie Levy, President and Chief Executive Officer, together with Kerry Knoll, Chair, and Drew Anwyll, Chief Operating Officer, will cover major permitting milestones met, progress on financing, the current palladium and copper markets, and they will also provide insight into what [...]
Generation Mining Ltd. is pleased to announce that the Ministry of Natural Resources and Forestry of the province of Ontario has issued the Permit to Remove for the Marathon Palladium-Copper Project. This represents yet another approval received in the permitting process for the Marathon Palladium-Copper Project. The Company continues to make significant progress on obtaining permits for the Marathon Project. In August [...]
Generation Mining Ltd. is pleased to announce that it has closed its previously-announced "bought deal" public offering that consisted of 42,858,000 units in the capital of the Company at a price of C$0.28 per Unit, and 9,678,000 flow-through units in the capital of the Company at a price of C$0.32 per FT Unit for aggregate gross proceeds to the Company of C$15,097,200 . The Offering included a lead order of C$5,000,000 [...]
Generation Mining Ltd. has closed the previously announced sale of its rights and interests in an agreement to acquire a 100% interest in a mineral property hosting a molybdenum-tungsten deposit, to Moon River Capital Ltd. , a company listed on the TSX Venture Exchange , for $630,000 in cash and 9.0 million common shares of Moon River . See the Company's news release of September 13, 2023 for additional information [...]
Generation Mining Ltd. is pleased to announce that the province of Ontario has accepted and filed the Closure Plan for the Marathon Palladium-Copper Project. This represents another major milestone in the permitting process for the Marathon Palladium-Copper Project. Jamie Levy, President and Chief Executive Officer of the Company said, "The approval of our Closure Plan for the Marathon Palladium-Copper Project is the [...]
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