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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 Sep 06, 2021 9:43pm
184 Views
Post# 33817485

Sally is 2 zones

Sally is 2 zones
Marathon is around 300m deep
Around 1.3 g/t Pd & 0.25 Copper.
 
Sally initially went 2x's deeper & did short 0.25m distance samples
Look @ the Pd & Cu comparisons.
 
Blows Marathon out the water @ even a 2.6 g/t & 0.50 copper comparison.
 
Notice the other samples grouped too with the webinar rock. (lol)
https://genmining.com/news/2019/generation-mining-extends-palladium-mineralization-along-strike-and-down-dip-at-sally-deposit/
 
The next Sally press release is lower zone:
"The depth to the top of the anomaly is approximately 850 m and the underside of the flat lying intrusion is at depth of about 1,500 m.  The main body of the intrusion is 500 m wide, 400 m thick and almost 2,000 m in length".
 
"If the anomaly represents a mafic-ultramafic conduit then it may represent the feeder zone to the Sally Deposit and may also host massive sulphides with potentially higher-grade mineralization than the disseminated mineralization.  Surface sample results, as shown in the table above, are a compelling reason to test for potential massive sulphide mineralization at depth".
 
https://genmining.com/news/2020/generation-mining-discovers-high-density-seismic-target-beneath-sally-palladium-copper-deposit/
 
Marathon & W-zone sulfide pool potential.
Chono possible magma tube into Marathon.
Sally possible lower feeder zone.
 
From the recent Feasibility study:
 
* 11.2.4 Conclusions
The 2020 data was not included in the current Mineral Resource Estimate since it was acquired  after the June 30, 2020 effective date
 
* 11.4.4 Conclusions
P&E considers the Sally data to be of good quality and acceptable for use for Mineral Resource estimation.
 
"Blending" -- keep in mind it's also about a smelter using Marathon to also upgrade the "stuff" concentrates they buy @ a big discount, from other sites. 
 
Said a little while ago --- "$1B" for "Marathon"?? 
I don't think so...sorry Charlie.
 
Kerry said in last webinar that although the other zones "tonnage" is not in our current estimate, they will be accepted due to the past work. Glta!!
( any new news yet??!!?? gettin tired of readin-- HA! )
 
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