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 years Estimated $190M in additional payable revenues 1 and operating cost benefits by the end of year 3 of operations Initial Capital estimate reduced by $89M despite industry-wide inflationary cost pressures Improved Project Economics with a 26% after-tax IRR and 2.1... Read More

TORONTO / Oct 07, 2024 / Business Wire / Generation Mining Limited (TSX:GENM, OTCQB: GENMF) (“ Gen Mining ” or the “ Company ”) is pleased to announce that Generation PGM Inc., its wholly-owned subsidiary developing the Marathon Copper-Palladium Project, has been awarded up to $771,000 from the Critical Minerals Infrastructure Fund (CMIF) pending final due diligence. The CMIF is a key program under the Canadian Critical... Read More

TORONTO / Aug 07, 2024 / Business Wire / Generation Mining Limited (TSX:GENM, OTCQB: GENMF) (“ Gen Mining ” or the “ Company ”) is pleased to announce receipt of the Fisheries Act Authorization (“ FAA ”) for the Marathon Palladium-Copper Project (the “ Marathon Project ”). The FAA, issued by Fisheries and Oceans Canada, approves the Company’s plan to avoid, mitigate and offset impacts to fish and fish habitat related to the... Read More

TORONTO / Jul 31, 2024 / Business Wire / Generation Mining Limited (TSX:GENM, OTCQB: GENMF) (“ Gen Mining ” or the “ Company ”) is pleased to announce the federal government has approved amendments to Schedule 2 of the Metal and Diamond Mining Effluent Regulations (“ Schedule 2 ”) for the Marathon Palladium-Copper Project (the “ Marathon Project” ). This approval will allow for the construction of specific water management... Read More

TORONTO / Jul 26, 2024 / Business Wire / Generation Mining Limited (TSX:GENM, OTCQB: GENMF) ("Gen Mining" or the "Company") is pleased to provide an update on its multi-phased summer exploration program targeting copper dominant and higher-grade palladium group metals (PGM) prospects on its Marathon Property in northwestern... Read More

TORONTO / Jun 13, 2024 / Business Wire / Generation Mining Limited (TSX:GENM, OTCQB: GENMF) (the “Company ”) announces the voting results from its annual meeting of shareholders (the “ Meeting ”) held earlier today. The six (6) candidates nominated for election to the Company’s board of directors and listed in the Company’s Management Information Circular dated May 5, 2024, were each elected by a majority of the votes cast... Read More

TORONTO / Jun 06, 2024 / Business Wire / Generation Mining Limited (TSX:GENM, OTCQB: GENMF) ("Gen Mining" or the "Company") continues to advance the Marathon Palladium-Copper Project in Northwestern Ontario through project design optimizations. As the Company works to complete the permitting process and obtain the necessary government approvals to commence construction, it has engaged a construction-focused engineering firm... Read More

Generation Mining Hosting Fireside Chat with Report Co-Author TORONTO / Jun 03, 2024 / Business Wire / Generation Mining Limited (TSX:GENM, OTCQB: GENMF) welcomes the recent report by the International Energy Forum (“IEF”) entitled “Copper Mining and Vehicle Electrification”, which states that the world will not be able to produce enough copper to transition to 100% electric vehicle production by 2035 – the target of many... Read More

TORONTO / May 31, 2024 / Business Wire / Generation Mining Limited (TSX:GENM, OTCQB: GENMF) ("Gen Mining" or the "Company") is pleased to announce that it has filed a final short form base shelf prospectus (the “ Prospectus “) with the securities regulatory authorities in each of the provinces and territories of Canada, except Quebec. The Company has filed the Prospectus in order to have greater financial flexibility going... Read More

TORONTO / Apr 23, 2024 / Business Wire / Generation Mining Limited (TSX:GENM) ("Gen Mining" or the "Company") is pleased to announce results from the first phase of drilling at the Biiwobik prospect, immediately north of the Marathon palladium-copper deposit in Northwestern Ontario. The Company recently announced plans for a... Read More

TORONTO / Mar 07, 2024 / Business Wire / Generation Mining Limited (TSX:GENM) ("Gen Mining" or the "Company") announces that it has signed a contract with Boart Longyear Canada for up to 8,000 metres of exploration drilling on a number of high-prospectivity copper targets north and west of its Marathon Palladium-Copper Project... Read More

TORONTO / Feb 20, 2024 / Business Wire / Generation Mining Limited (TSX:GENM) ("Gen Mining" or the "Company") announces that the Company will be hosting 1x1s and corporate presentations at several in-person conferences over the next two weeks including: BMO Global Metals, Mining & Critical Minerals Conference 2024 being held in Hollywood, FL February 25, 2024 to February 28, 2024; Red Cloud’s Pre-PDAC 2024 Mining Showcase... Read More

TORONTO / Dec 13, 2023 / Business Wire / Join the Generation Mining Limited (TSX:GENM) (" Gen Mining " or the " Company ") team on Thursday, December 14, 2023 at 1:00 pm ET as they review key milestones achieved in 2023. Gen Mining’s Jamie Levy, President and Chief Executive Officer, together with Kerry Knoll, Chair, and Drew Anwyll, Chief Operating Officer, will cover major permitting milestones met, progress on financing,... Read More

TORONTO / Nov 21, 2023 / Business Wire / Generation Mining Limited (TSX:GENM) (OTCQB: GENMF) ( “Gen Mining” or the “Company ”) is pleased to announce that the Ministry of Natural Resources and Forestry of the province of Ontario has issued the Permit to Remove (trees) for the Marathon Palladium-Copper Project. This represents yet another approval received in the permitting process for the Marathon Palladium-Copper Project.... Read More

TORONTO / Nov 21, 2023 / Business Wire / Generation Mining Limited (TSX:GENM) (" Gen Mining " or the " Company ") is pleased to announce that it has closed its previously-announced “bought deal” public offering that consisted of (i) 42,858,000 units (the “ Units ”) in the capital of the Company at a price of C$0.28 per Unit, and (ii) 9,678,000 flow-through units (the “ FT Units ” and together with the Units, the “ Offered... Read More

TORONTO / Nov 16, 2023 / Business Wire / Generation Mining Limited (TSX: GENM; OTCQB: GENMF) (“ Gen Mining ” or the “ Company ”) has closed the previously announced sale of its rights and interests in an agreement to acquire a 100% interest in a mineral property (the “ Davidson Property ”) hosting a molybdenum-tungsten deposit, to Moon River Capital Ltd. (“ Moon River ”), a company listed on the TSX Venture Exchange (“ TSXV... Read More

TORONTO / Nov 07, 2023 / Business Wire / Generation Mining Limited (TSX:GENM) (OTCQB: GENMF) ( “Gen Mining” or the “Company ”) is pleased to announce that the province of Ontario has accepted and filed the Closure Plan for the Marathon Palladium-Copper Project. This represents another major milestone in the permitting process for the Marathon Palladium-Copper Project. Jamie Levy, President and Chief Executive Officer of the... Read More

TORONTO, Oct. 27, 2023 (GLOBE NEWSWIRE) -- Generation Mining Limited (TSX:GENM) (" Gen Mining " or the " Company ") is pleased to announce that it has entered into an agreement with Haywood Securities Inc. (“ Haywood ”) sole underwriter and bookrunner, pursuant to which Haywood has agreed to purchase, on a bought deal basis, (i) 42,858,000 units (the “ Units ”) in the capital of the Company at a price of C$0.28 per Unit (the... Read More

TORONTO / Sep 13, 2023 / Business Wire / Generation Mining Limited (TSX: GENM; OTCQB: GENMF) (“ Gen Mining ” or the “ Company ”) has agreed to sell its rights and interests in an option agreement (the “ Davidson Agreement ”) to acquire a 100% interest in six (6) mineral leases (the “ Davidson Property ”) hosting a molybdenum-tungsten deposit, located near the town of Smithers, British Columbia, to Moon River Capital Ltd. (“... Read More

TORONTO / Sep 08, 2023 / Business Wire / Generation Mining Limited (TSX:GENM)(OTCQB: GENMF)( “Gen Mining” or the “Company ”) will attend the 2023 Precious Metals Summit in Beaver Creek, Colorado from September 12 to 15, 2023 and the Gold Forum Americas 2023 in Colorado, Springs, Colorado from September 17 to 20, 2023. About the Company Gen Mining’s focus is the development of the Marathon Project, a large undeveloped... Read More

TORONTO / Sep 06, 2023 / Business Wire / Generation Mining Limited (TSX:GENM)(OTCQB: GENMF)( “Gen Mining” or the “Company ”) is pleased to announce that, following consent by the Biigtigong Nishnaabeg (“BN”) Chief and Council of the Closure Plan for the Marathon Palladium-Copper Project (the “Closure Plan”), the Company has been issued a letter from the Ministry of Mines (“MINES”) inviting the Company to submit the Closure... Read More

TORONTO / Aug 30, 2023 / Business Wire / Generation Mining Limited (TSX:GENM) (OTCQB: GENMF) (“Gen Mining” or the “Company”) is pleased to announce that the Company has received the Endangered Species Act permit (“ESA permit”) issued by the Ministry of the Environment, Conservation and Parks (“MECP”) for Caribou (Boreal population) (“caribou”) and Little Brown Myotis, Northern Myotis and Tri-coloured Bats (“SAR bats”). This... Read More

TORONTO / Jun 28, 2023 / Business Wire / Generation Mining Limited (TSX:GENM) (OTCQB: GENMF) ( “Gen Mining” or the “Company ”) announces that Mr. Rodney Thomas has retired from his position as a Director on the Board of Directors of the Company and as such he did not seek re-election today. Following Mr. Thomas’ retirement, the total number of Board members has been reduced from eight to seven. Kerry Knoll, Chairman of the... Read More

TORONTO / May 02, 2023 / Business Wire / Generation Mining Limited (TSX: GENM) (OTCQB: GENMF) (“ Gen Mining ” or the “ Company ”) has executed a mandate letter to arrange a senior secured project finance facility of up to US$400 million (the “ Mandate ”) to fund the construction and development of its Marathon Palladium-Copper Project, located on the north shore of Lake Superior in the Province of Ontario, Canada (the “... Read More

After-Tax NPV 6% $1.16 Billion, IRR of 26%, Payback 2.3 years TORONTO / Mar 31, 2023 / Business Wire / Generation Mining Limited (TSX: GENM; OTCQB: GENMF) (“Gen Mining” or the “Company”) is pleased to announce positive results on the updated Feasibility Study (“2023 FS” or the “Feasibility Study”) for the Marathon... Read More

TORONTO / Mar 27, 2023 / Business Wire / Generation Mining Limited (TSX: GENM) (OTCQB: GENMF) (“ Gen Mining ” or the “ Company ”) has finalized an offtake term sheet with Glencore International AG (“Glencore ”) for copper concentrate, containing copper, palladium, platinum, gold, and silver, to be produced at Gen Mining’s Marathon Palladium-Copper Project, located near Marathon, Ontario. Under the term sheet, Glencore will... Read More

Management of Generation Mining Limited (TSX: GENM) (OTCQB: GENMF) (“ Gen Mining ” or the “ Company ”) reflects on a year that has been action-packed as we’ve advanced the Marathon Palladium-Copper project in Northwestern Ontario (the “ Marathon Project ”), held through the Company’s wholly-owned subsidiary Generation PGM Inc. (“ Gen PGM ”), closer to construction. In the 42 months since Gen Mining first acquired an interest... Read More

Major Milestone Reached in Path to Production Generation Mining Limited ( TSX: GENM ) (OTCQB: GENMF) (“ Gen Mining ” or the “ Company ”) is pleased to announce that the Marathon Palladium Copper Project (the “ Marathon Project ”) was approved by the joint Federal and Provincial Environmental Assessment process. The Company will now proceed to obtain the necessary permits for construction and operation. The Honourable Steven... Read More

Generation Mining Limited (TSX: GENM) (OTCQB: GENMF) (“ Gen Mining ” or the “ Company ”) announces that Biigtigong Nishnaabeg (“ BN ”) has approved a Community Benefits Agreement (“ CBA ”) in respect of the Marathon Palladium Copper Project (the “ Project ”) owned by the Company’s wholly-owned subsidiary, Generation PGM Inc. ( “Generation PGM” ). The CBA between Generation PGM and BN, which was ratified through a BN... Read More

Generation Mining Limited (TSX: GENM) (OTCQB: GENMF) (“Gen Mining” or the “Company”) is pleased to announce that it has received, through its wholly-owned subsidiary Generation PGM Inc. (“Gen PGM”), the second CAD$20 million payment from the previously announced Precious Metal Purchase Agreement (the “PMPA”) with Wheaton Precious Metals Corp. (“Wheaton”) in respect to the Marathon Palladium Copper project in Northwestern... Read More

Generation Mining Limited (TSX: GENM) (OTCQB: GENMF) (“Gen Mining” or the “Company”) announces that Jamie Levy, President and Chief Executive Officer will be presenting at the Precious Metals Summit being held in Beaver Creek, Colorado on Tuesday, September 13, 2022 at 13:45 MT. The webcast will be available on Gen Mining’s website at https://genmining.com/investors/events/ on the day of the presentation. Additionally, Kerry... Read More

Generation Mining Limited (TSX: GENM; OTCQB: GENMF) (“ Gen Mining ” or the “ Company ”) announces that its wholly-owned subsidiary, Generation PGM Inc. (“ Gen PGM ”), which is developing the Marathon Palladium Copper Project (the “Marathon Project”) near Marathon, Ontario, has entered into an agreement with Hycroft Mining Holding Corporation (“ Hycroft ”) for the purchase of an unused, surplus SAG mill and ball mill (the “... Read More

Generation Mining Limited (TSX: GENM; OTCQB: GENMF) (“ Gen Mining ” or the “ Company ”) announces that the Joint Review Panel (“ JRP ” or “ Panel ”) established to conduct an environmental assessment of the Company’s Marathon Palladium Copper Project (the ‘Marathon Project”) near Marathon, Ontario has delivered its report (the “ Report ”). The Reports sets out recommendations for the Company, and the federal and provincial... Read More

Generation Mining Limited (TSX: GENM; OTCQB: GENMF) (“ Gen Mining ” or the “ Company ”) announces that its wholly-owned subsidiary, Generation PGM Inc. (“ Gen PGM ”), which is developing the Marathon Palladium Copper Project (the “ Marathon Project ”) near Marathon, Ontario, has entered into an agreement with Valard Equipment LP (“ Valard ”) for the lease of a construction camp (the “ Camp ”) located in Marathon, Ontario... Read More

Generation Mining Limited (TSX:GENM) (OTCQB: GENMF) ( “Gen Mining” or the “Company ”) announces the results of its annual meeting (the “ Meeting ”) of shareholders held yesterday June 15, 2022. The eight (8) candidates nominated for election to the Company’s board of directors, and listed in the Company’s Management Information Circular dated May 9, 2022, were elected by a majority of the votes cast by Shareholders present... Read More

Generation Mining Limited (“ GenMining ” or the “ Company ”) (TSX:GENM OTCQB:GENMF) is pleased to provide an update on the project financing of the Marathon Project. In August 2021, the Company appointed Endeavour Financial as its Financial Advisor to provide financial advisory services with respect to the development of its 100% owned Marathon Palladium Copper project in northwestern Ontario. The Endeavour engagement was... Read More

Generation Mining Limited (“ GenMining ” or the “ Company ”) (TSX:GENM OTCQB:GENMF) is pleased to announce that the Public Hearings conducted by the Joint Review Panel (the “ Panel ”) on the Environmental Impact Statement (“ EIS ”) of the Company’s Marathon Palladium-Copper Project (“ Project ”) have concluded today. The Panel was established because the Project requires environmental assessment approvals from both federal... Read More

Generation Mining Limited (TSX: GENM; OTCQB: GENMF) (“Gen Mining” or the “Company”) is pleased to announce senior management additions: Vice President of Geology Mr. Mauro Bassotti joins Gen Mining and brings over 24 years diverse international and domestic experience with open pit and underground mines in gold, copper and other base metals. Mauro has extensive leadership experience in brownfield and capital drilling, all... Read More

Generation Mining Limited (TSX: GENM; OTCQB: GENMF) (“Gen Mining” or the “Company”) is pleased to announce the appointment of Christopher Stackhouse as Vice-President, Finance. Mr. Stackhouse replaces Patricia Mannard, who has retired. Mr. Stackhouse spent 7 years with Guyana Goldfields Inc. (now part of the Zijin Mining Group), most recently as interim CFO, where he was instrumental in the development and operation of the... Read More

Generation Mining Limited (TSX: GENM) (OTCQB: GENMF) (“Gen Mining” or the “Company”) is pleased to announce that it has received, through its wholly-owned subsidiary Generation PGM Inc. (“Gen PGM”), the first C$20 million payment from the previously announced Precious Metal Purchase Agreement (the “PMPA”) with Wheaton Precious Metals Corp. (“Wheaton”) in respect to the Marathon Palladium Copper project in Northwestern... Read More