Generation Mining Ltd T.GENM

Alternate Symbol(s): GENMF

Metals & Mining Industrial Metals & Minerals

Generation Mining Limited is a Canada-based exploration and development 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 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.

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Generation Mining Ltd > Scenarios/Targets?

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Comment by cpacon Jul 02, 2021 10:57am

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Post# 33481804

RE:RE:Scenarios/Targets?

Okay, fair point. It doesn't change my thinking much. If they exercise their right, they still have to pay 66% of the Capex of the project, so as a GENM shareholder, I'm getting essentially half of an amazing resource but someone else is paying 2/3rds of the cost to develop it. Pretty sweet deal.

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