GENM:TSX; GENMF:OTCQB; 9GN:FSE

Generation Mining Ltd.

Generation Mining is developing the Marathon Palladium project in northwestern Ontario. After the release of a very robust Preliminary Economic Assessment in January 2020, the company has begun a feasibility study which is expected to be completed in early 2021. Marathon is the largest undeveloped palladium project in North America. Most palladium demand is for autocatalysts in cars, which scrub toxic emissions from exhaust and therefore make our air much cleaner.
GENM:TSX GENMF:OTCQB 9GN:FSE

Expert Comments:

Generation Mining reported its recent drilling has defined new palladium mineralization west of the company's Marathon Deposit.
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headshot of Gwen  Preston

Gwen Preston, The Maven Letter

(11/4/20)
"We got the first assays from Generation Mining Ltd.'s 12-hole drill program to test for mineralization extensions at Marathon. Hole 540 hit 8m of 1.42 g/t palladium equivalent (Pd eq), and hole 541 cut three intervals with significant grades, including 4m of 2.4 g/t Pd eq, 14m of 1.8 g/t Pd eq and 31m of 1.5 g/t Pd eq. . .the continuity of mineralization along the lens in these first holes and the good grades are encouraging."

headshot of Thibaut Lepouttre

Thibaut Lepouttre, Caesars Report

(11/2/20)
"After announcing an excellent update on the metallurgical front, Generation Mining Ltd. is now moving forward with the second phase of the 2020 metallurgical test work. A pilot plant will process three bulk sample composites from freshly excavated material in the Main zone, W-Horizon and an old (2012) composite to optimize the design criteria for a full-scale production plant."

Generation Mining optimized the processing plant flowsheet design and improved metals recoveries.
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headshot of Brien Lundin

Brien Lundin, Gold Newsletter (Jefferson Financial)

(8/27/20)
"Generation Mining Ltd. recently conducted bench-scale testing of material from the Main deposit that showed improved recoveries; this phase 1 metallurgical program showed a 4% improvement in palladium recoveries, a 3% improvement in copper recoveries and a 10% improvement in platinum recoveries. A phase 2 pilot plant study is now underway to test bulk samples from the Main zone and W Horizon."

headshot of Gwen  Preston

Gwen Preston, The Maven Letter

(8/26/20)
"Generation Mining Ltd. announced results from new, bench-scale metallurgical testing on material collected in 2019 from Marathon's main zone and the W-horizon. . .these updated recoveries will be incorporated into the upcoming feasibility study for the project and should have a material impact on its economics."

Generation Mining reported it is commencing a 5,000-meter exploration drill program along the western margin of its Marathon palladium-copper project in NW Ontario.
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headshot of Pierre Vaillancourt

Pierre Vaillancourt, Haywood Securities

(8/25/20)
"Generation Mining Ltd.'s improved metallurgical recoveries and simplified flowsheet are a key element in risk reduction for the Marathon project and will enhance the upcoming feasibility study. Phase 1 metallurgical testing has resulted in enhanced recoveries for palladium by 4% to 86.9%; copper by 3% to 93%; and platinum by 9.7% to 84.2%."

Generation Mining achieves this result during phase 1 of its current metallurgical testing program.
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headshot of Gwen  Preston

Gwen Preston, The Maven Letter

(8/12/20)
"The depth-penetrating magnetotelluric surveying method Generation Mining Ltd. is employing to identify new targets at Marathon is paying off. The company announced that initial data from this program on the western edge of the main deposit at Marathon has identified a key target at a depth of 650m downdip from the deposit area; this area has generated a more conductive response than the deposit itself."

The anomaly's features make it a high priority drill target for Generation Mining.
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More Expert Comments

Experts Following This Company

headshot of Gerardo Del Real
Gerardo Del Real – Outsider Club
headshot of Thibaut Lepouttre
Thibaut Lepouttre, Editor Caesars Report
headshot of Brien Lundin
Brien Lundin, Author Gold Newsletter (Jefferson Financial)
headshot of Gwen  Preston
Gwen Preston, Founder Resource Maven
headshot of Pierre Vaillancourt
Pierre Vaillancourt, Vice President and Senior Mining Analyst – Haywood Securities

The information provided above is from analysts, newsletters and other contributors. Please contact the company and visit its website before making an investment decision.See disclaimer for more details.

Investing Highlights
 
9.5 million palladium equivalent ounces in a tier one jurisdiction (Ontario)
 
Palladium has outperformed gold but Pd stocks severely lag Au stocks
 
PEA showed project has C$871 million NPV at $US1275 Pd (which trades over $2000 now)
catalyst Calendar
Q4
2020
Exploration results for high grade feeder zone: October, 2020
Q4
2020
Major marketing initiative: Fall 2020
Q1
2021
Bankable Feasibility Study: March, 2021