Generation Mining Ltd. is pleased to announce the discovery of a large, high velocity seismic anomaly that extends at depth from the Sally Deposit. The anomaly continues into the Archean footwall which constitutes a previously unexplored area for platinum group elements and copper mineralization. The velocity anomaly when projected to surface [...]
Further to its press release dated January 6, 2020, Generation Mining Ltd. is pleased to announce that it has filed on SEDAR its independent Preliminary Economic Assessment study on the Marathon Palladium and Copper Project located in Northern Ontario, the results of which were previously announced. The PEA was prepared in accordance with National [...]
Generation Mining Ltd. is pleased to announce that it has completed its previously announced bought deal private placement and concurrent non-brokered private placement of an aggregate of 20,577,403 units of the Company at a price of C$0.52 per Unit , for aggregate total gross proceeds of C$10,700,250. Each Unit consists of one common share in the [...]
Generation Mining Ltd. is pleased to announce that its Board of Directors has appointed Brian Jennings, CPA, CA, BSc to the position of Chief Financial Officer. Mr. Jennings has been a member of the Board and Chairman of the Audit Committee of the Company since May 9, 2018. Due to his appointment as Chief Financial Officer, and in order to enhance [...]
Osisko Mining Inc. announces that, through a single trade on January 23, 2020, it disposed of 750,000 common shares of Generation Mining Ltd. through the facilities of the Canadian Securities Exchange in exchange for aggregate cash consideration of $540,052 . Based on information contained in documents publically filed by Generation Mining, the [...]
Generation Mining Ltd. is pleased to announce that, due to investor demand from one of its existing shareholders, the Company intends to complete a concurrent non-brokered private placement of Units on the same terms at its previously announced offering for additional gross proceeds of C$700,000 . As previously announced, Gen Mining has entered [...]
Generation Mining Ltd. is pleased to announce that it has entered into an agreement with Haywood Securities Inc. and Mackie Research Capital Corporation as co-lead underwriters and joint-bookrunners on behalf of a syndicate of underwriters including PowerOne Capital Markets Limited and Raymond James Ltd. , pursuant to which the Underwriters have [...]
Osisko Mining Inc. announces that, through a series of trades ending on January 17, 2020, it disposed of an aggregate of 2,114,000 common shares of Generation Mining Ltd. through the facilities of the Canadian Securities Exchange for aggregate cash consideration of $1,058,166.60 . The Disposition, triggered the requirement to file this report under [...]
Generation Mining Ltd. is pleased to announce that it has retained the services of Renmark Financial Communications Inc. to handle its investor relations activities. “We are pleased to announce that we have selected Renmark to reinforce Generation Mining Ltd..'s profile in the financial community and enhance the visibility of our company. We [...]
Generation Mining Ltd. is pleased to announce results of a positive independent Preliminary Economic Assessment study prepared in accordance with National Instrument 43-101 on the Marathon Palladium and Copper Project located in Northern Ontario. Generation acquired a 51% interest in the Project from Sibanye Stillwater in July, 2019, and has an [...]
Generation Mining Ltd. is pleased to announce results from 6 drill holes totaling 2,278 metres at the Sally Deposit, located at the Marathon Project in northern Ontario. Five holes focused on the western strike extension of the Sally mineralized zone and one hole specifically targeted the potential for massive sulphide mineralization down dip from [...]
Generation Mining Ltd. is pleased to announce exploration drilling immediately west of the Marathon Deposit has successfully intersected the down dip extension of the Main Zone and high grade W-Horizon feeder conduits. The highest grade intersection from the 4 hole yielded 2 metres grading 8.03 grams per tonne palladium equivalent in hole M-19-238 [...]