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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

Comment by JAUBE123on Jun 27, 2022 4:52pm
130 Views
Post# 34785713

RE:RE:Renmark today at 2pm EST

RE:RE:Renmark today at 2pm EST

Not much too new. -they keep going back and forth with the mine closure plan with the BN so that's nearing. 

-they do have to do a private placement because the banks require it for them to have more skin in the game. but he said they absolutely will not be doing it in the 50cent/share range. 

-bank financing will likely be complete in September, October at the latest.

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