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 plans to conduct this 8,000 meter program at Marathon in two phases.
read more >

Adam Schatzker, Mackie Research Capital

(2/23/21)
"Generation Mining Ltd. announced that it has engaged a drilling contractor for a 3,000m drill program. . .the company is planning to drill three high priority targets this winter. . .we view getting back on the 'exploration curve' where significant upside and shareholder value can be generated as a positive development for Generation Mining's future."

Adam Schatzker, Mackie Research Capital

(2/12/21)
"We are initiating coverage of Generation Mining Ltd. with a Speculative Buy recommendation. The imminent (Q1/21 to Q2/21) release of a feasibility study will start the clock for Sibanye-Stillwater (vendor of Marathon and 20% owner) to make a decision as to whether it backs in for a 51% stake, stays at 20%, buys Generation to own 100% or exits the project; we think the likely outcomes are either staying at 20% or exiting. . .Generation offers investors one of the few advanced palladium projects that could be shovel-ready in the coming three to four years."

headshot of Thibaut Lepouttre

Thibaut Lepouttre, Caesars Report

(2/3/21)
"Generation Mining Ltd. has now completed the phase 2 metallurgical testing and the pilot plant trials which started in September 2020; this test program was meant to fine tune the anticipated recovery rates for the palladium and other metals from the Marathon platinum group elements project in Ontario. This will help to design the final flowsheet while negotiating the offtake agreements with interested parties as the test program resulted in more detailed specs of the end product."

Generation Mining intends to wrap up the feasibility study on Marathon this quarter.
read more >
headshot of Pierre Vaillancourt

Pierre Vaillancourt, Haywood Securities

(1/28/21)
"The latest pilot plant metallurgical results on Generation Mining Ltd.'s recoveries and concentrate grades confirm or improve upon bench scale tests and will be positive for the upcoming feasibility study (FS). We are raising our target price to CA$1.75 from CA$1 to reflect the pending FS as a key project milestone and the ongoing strength in metals prices."

headshot of Thibaut Lepouttre

Thibaut Lepouttre, Caesars Report

(1/7/21)
"Generation Mining Ltd.'s hole 548 at Marathon was actually one of the best holes drilled on the property. Starting at a depth of 360m downhole, the drill bit intersected 27m containing 3.66 g/t palladium equivalent (Pd eq). Within the 27m interval, the company also encountered a narrower zone of 8m containing 6.26 g/t Pd eq (including 3.86 g/t palladium). . .these are encouraging drill results to have ended the 2020 exploration campaign with."

Generation Mining reports the final results of its 2020 program.
read more >
headshot of Gwen  Preston

Gwen Preston, The Maven Letter

(1/6/21)
"Generation Mining Ltd.'s approximately 5,000m drill program on the Marathon project's W Horizon concluded with the best assays of the effort. . .hole 548 hit into an area that's well outside of the pit boundary envisioned for the Marathon deposit, and the structure it tagged into remains open downdip."

Thibaut Lepouttre of Caesars Report describes how Generation Mining is "wrapping up a busy year," including publication of an "excellent" preliminary economic assessment that he expects will be followed by a feasibility study that will "optimize" the company's returns.
read more >
Technical analyst Clive Maund charts Generation Mining and explains why he believes the stock should go "considerably higher quite quickly."
read more >
Generation Mining notes that the new results add exploration upside to its existing resources at the Marathon Palladium Deposit.
read more >
Generation Mining reported its recent drilling has defined new palladium mineralization west of the company's Marathon Deposit.
read more >
Generation Mining optimized the processing plant flowsheet design and improved metals recoveries.
read more >

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)
Clive Maund – CliveMaund.com
headshot of Gwen  Preston
Gwen Preston, Founder Resource Maven
Adam Schatzker – Mackie Research Capital
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