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Generation Mining Ltd T.GENM

Alternate Symbol(s):  GENMF

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.


TSX:GENM - Post by User

Post by my69zon Aug 24, 2021 7:20pm
110 Views
Post# 33759001

August 17, 2021

August 17, 2021
"....will shortly resume drill testing the Chonolith area situated immediately north of, and contiguous with, the Marathon Deposit (see inset location map in Figure 3).  Three holes were drilled prior to the stop work order and core from these holes has been logged and split and samples have been sent for assay.  Results are expected within the next two weeks.  These holes were drilled to follow up a 2006 hole which returned 100.5 metres grading 0.93 grams per tonne palladium, 0.584 % copper, 0.1 g/t gold and 0.25 g/t platinum, starting at a depth of 215.8 metres.  Nine additional holes are planned for this zone when drilling resumes"

These initial 3 of 12 holes, will possibly continue showing 3x the copper of Marathon. Marathon Feasability is around .22% copper.

I wonder if the fire shut-down allowed labs to speed results up a little bit?
Would be nice a surprise.
Anywho....
Glta!!



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