• PALLADIUM:
  • USD $/oz | /oz
  • TSX: GENM
  • CAD $0.58
Zinc * USD/lb
1.26
Lead * USD/lb
0.94
Moly * USD/lb
0.00

Generation PGM

Generation PGM Inc. (GenPGM) is a subsidiary of Generation Mining Limited that is an exploration and development company with interests in platinum group metals (PGM), specifically the Marathon Palladium Project. Generation Mining acquired a 51% interest in the Marathon Property from Sibanye-Stillwater on July 10th, 2019, with the option to earn up to 80% interest within the next four years. GenPGM is currently focussed on the development of the Marathon Palladium project in Northwestern Ontario, the most advanced palladium project in North America. The Project is located approximately 215 km east of Thunder Bay and 10 km north of Marathon, within the Coldwell Alkaline Complex.

GenPGM has recently restarted the Environmental Assessment (EA) process in July of 2020. Due to the significant effort conducted on previous environmental studies and the development of working relationships with various governmental agencies and communities, we are able to focus our efforts on simply refreshing some aspects of studies that were previously completed. In 2014, the Project and the Environmental Assessment was paused shortly before the start of the Joint Review Panel (JRP) Hearings, and since the Project was paused and not cancelled, the EA will be restarted generally from where it was stopped. The initiation of a Feasibility Study on the Project is occurring in parallel with the EA, with the goal of optimizing the value, updating for best available technologies and practices for the Project and minimizing risks.

More Information on the Marathon Palladium Project will be posted on our Project Updates page and Environmental Assessment information can be found at Impact Assessment Registry at https://iaac-aeic.gc.ca/050/evaluations/proj/54755?culture=en-CA

If you have additional questions about the Project or Environmental Assessment, please email us at comments@genpgm.com


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