Zinc * USD/lb
Lead * USD/lb
Moly * USD/lb


The Marathon Palladium & Copper project is located along the Trans-Canada Highway in Northwestern Ontario. A March, 2021 Feasibility Study has indicated the project has a robust rate of return at forecast palladium prices, and will produce an average 245,000 ounces of Palladium Equivalent (PdEq) annually over a minimum 13-year mine life. Initial capital costs are estimated at C$665 million (US$520 million). Approximately 58% of the revenue will come from palladium, and a further 26% from copper, based on prices of US$1725/oz for palladium and US$3.20 for copper. The remaining revenue will come from platinum, gold and silver. Operating costs are estimated at US$687 per ounce PdEq, while All-In-Sustaining-Costs are estimated at US$809 per ounce PdEq. During 2021, Generation Mining plans to continue the Environmental Approval process, while initiating detail engineering on the project as well as arranging the production financing.

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