Generation Mining to Complete 5000-m Drilling Program

Generation Mining Limited (or Gen Mining) reports that it has awarded contracts to Vital Drilling Services to finalize a drilling program encompassing 5000 m along the western margin of a part of Gen Mining’s Marathon palladium copper project.

The crew and drill started moving to the site of the project—which is located in Northwestern Ontario—on 19 August 2020. Drilling is expected to start soon. The drill program for exploration has been engineered to investigate two areas of interest.

• The magnetotelluric (MT) anomaly is situated to the west and down dip from the Main Zone. This anomaly is located in the area exactly north of the 4900N Fault, which is regarded as the location of the feeder channel for the Marathon deposit Main Zone. Plans have been made to drill two holes (P1 and P2) to explore this region.
• The Western Horizon’s northwest extension is located in the area between the 4500N Fault and the 4900N Fault. The 4500N Fault is regarded as the location of the feeder channel for the mineralization at the Western Horizon. Plans have been made to drill nine holes (P3–P11, inclusive) to explore this region.

The figure above illustrates the locations of the drill holes.

Mineralization found at the Marathon deposit is identified as being conduit-related, which serve themselves as the feeder channels to the Marathon Deposit.

These conduits or channels exhibit the potential to present both massive and disseminated sulfide mineralization, including varying copper-palladium ratios and metal tenors.

In addition, there is a possibility of finding extreme palladium enrichment, characteristic to the Western Horizon, as a result of upgrading through numerous pulses of metal-rich magma that reaches the Marathon Deposit by passing through the feeder channels.

The northwest extension of the Western Horizon and the MT anomaly exhibit the potential for mineralization of higher grade that could be mined prospectively using underground techniques.

We are looking forward to drilling the previously untested MT anomaly as well as the northwest extension to the W Horizon.

Jamie Levy, CEO, Generation Mining Limited

Gen Mining has been continuously assessing the outcomes of the MT survey on the Four Dams and Sally areas, which are situated to the northwest of the Main Zone.