Bullboard - Stock Discussion Forum Generation Mining Ltd GENMF

Primary Symbol: T.GENM

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... see more

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Generation Mining Ltd > New Press Release - Generation Completes Optimization Work for the Marathon Project with Improved Mine Plan and Reduced Capex

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Post by PressRelease on Nov 20, 2024 6:03am

New Press Release - Generation Completes Optimization Work for the Marathon Project with Improved Mine Plan and Reduced Capex

Highlights:Mine plan optimized with reduced strip ratio bringing additional 78k ounces of palladium, 34k ounces of Platinum and 2M lb of Copper in the first 3 yearsEstimated $190M in additional payable revenues1 and operating cost benefits by the end of year 3 of operationsInitial Capital...read article.

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Comment by Specific on Nov 20, 2024 10:15am

1525 pd and 4.00 cu = after tax irr of 26.3% and 2.1 year payback....Nice.... very possible to see a lower pd price than 1525, but a much higher cu price than 4.00 this could make this project feasible.....i'm not concerned about the remaining permits.. the wild card is financing and of course projected metal pricing

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