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Generation Mining Secures Final Construction Permit for Marathon Project

Story Highlights
  • Generation Mining focuses on developing the Marathon Project, a major copper-palladium deposit.
  • The company has received final construction permits, moving closer to project development.
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Generation Mining Secures Final Construction Permit for Marathon Project

The latest update is out from Generation Mining ( (TSE:GENM) ).

Generation Mining Limited has received the final construction permits from the Ontario Ministry of Natural Resources for the Marathon Copper-Palladium Project, marking a significant step towards the project’s development. With only one more approval pending, the company is nearing full permitting, which will enable the commencement of construction, potentially enhancing its position in the mining industry and impacting stakeholders positively.

More about Generation Mining

Generation Mining Limited is focused on the development of the Marathon Project, a significant undeveloped copper-palladium deposit located in Northwestern Ontario, Canada. The project is anticipated to produce substantial quantities of palladium, copper, platinum, gold, and silver over a 13-year mine life, with a strong economic outlook as indicated by its feasibility study.

YTD Price Performance: -9.09%

Average Trading Volume: 119,296

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $23M

For a thorough assessment of GENM stock, go to TipRanks’ Stock Analysis page.

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