Generation Mining Ltd.

Generation Mining Ltd. is pleased to announce that it has entered into a binding acquisition agreement with Stillwater Canada Inc. a subsidiary of Sibanye Stillwater Ltd. and the Company's wholly-owned subsidiary Generation PGM Inc. , pursuant to which Gen Subco will acquire Stillwater's remaining 16.5% interest in the Marathon Palladium Copper project in Northwestern Ontario . Sibanye-Stillwater currently owns 11,053,795 [...]

Generation Mining Ltd. is pleased to announce results from the remaining eight holes drilled this summer in the Chonolith and Powerline zones at the Biiwobik Prospect, situated immediately north of the Marathon palladium-copper deposit in Northwestern Ontario. The Biiwobik Prospect name originates from the Biigtigong Nishnaabeg's First Nation dialect of the Nishnaabe language meaning "metal". The Company also reports on [...]

Generation Mining Ltd. is pleased to announce that Wood, the global consulting and engineering company, has been awarded and has commenced with the processing plant engineering and long lead-time procurement for the Marathon palladium-copper Project in Northwestern Ontario . The initial phase of the work will involve a value engineering phase to optimize Project design and footprint prior to advancing detailed [...]

Generation Mining Ltd. is pleased to announce the hiring of Jeremy Dart as Environmental Manager and Cathryn Moffett as Manager of Community Consultation, and the engagement of Wood Canada Limited to assist in the permitting process. Jeremy Dart was employed by Barrick Gold for the past 21 years mainly at the Hemlo gold mine. Based in Marathon, Ontario, his most recent title was Environment and Closure Superintendent. He [...]

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 [...]