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Generation Mining Ltd T.GENM

Alternate Symbol(s):  GENMF

Generation Mining Limited is a Canada-based exploration and development stage company. The Company's focus is on the development of the Marathon Project, a large undeveloped palladium-copper deposit in Northwestern Ontario. The Marathon Project is 100% owned by Generation PGM Inc. (Generation PGM), a wholly owned subsidiary of the Company. The Company also has a number of other exploration properties located in Canada. The Marathon Project is located along the Trans-Canada Highway in Northwestern Ontario and covers a land package of approximately 22,000 hectares. The Marathon Project is estimated to produce about 2,122,000 ounces of palladium, 517 million pounds (lbs) of copper, 485,000 ounces of platinum, 158,000 ounces of gold, and 3,156,000 ounces of silver.


TSX:GENM - Post by User

Comment by Mookster3on Dec 03, 2020 4:55am
132 Views
Post# 32024332

RE:Environmental Permit

RE:Environmental PermitThe Stantec hydrology report recently posted on the company's website, shows that there is surface water flow divide that basically runs north-south and appears to be located right on top of the proposed open pit mining locations. Therefor some of the drainage from the pit area will flow eastward to the Pic River, located a couple of kilometers away. However, the tailings area will be west of the flow divide, so any drainage coming off the tailings will end up in a series of small streams that discharge to L. Superior several tens of km downstream. I would think this should be a relatively positive situation with regard to the environmental impact of the tailings impoundments.

The Mookster
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