Generation Mining Ltd. · TSX:GENM

Generation Mining — Technical Presentation (December 2021)

13 slides from Generation Mining's technical presentation, December 2021

  1. Slide 1: Marathon Palladium Project: Fish Habitat Compensation Planning

    December 2021 MARATHON PALLADIUM PROJECT Fish Habitat Compensation Planning

  2. Slide 2: Project Description

    Project Description • Three planned open pits (central, north and south) • Measured and indicated resources 179.2 M tonnes • PSMF, water management ponds and stockpiles • Mine rock storage area • 85-90% non-acid generating mine rock • Long term PAG storage in PSMF and open pits • Process plant facil

  3. Slide 3: Baseline Fisheries Studies on Site

    Baseline Fisheries Studies on Site Fish community and fish habitat studies were conducted in 2006, 2007 2009 to 2013. Fish bearing: ~ 8.5 ha Non fish bearing: ~ 6 ha 3

  4. Slide 4: Fish Approvals Process

    Fish Approvals Process We are here 4

  5. Slide 5: Fish Habitat Offsetting and Compensation Plan

    Fish Habitat Offsetting and Compensation Plan Watercourse/ Updated fish habitat accounting for the Subwatershed Section 35 Schedule 2 Non-Fish Bearing Total Area Waterbody proposed project and site infrastructure Tributary 1 4,368 - 753 5,121 101 Tributary 2 - - 538 538 Estimated fish habitat loss o

  6. Slide 6: Offsetting and Compensation Opportunities

    Offsetting and Compensation Opportunities • Near Term (Independent) Opportunities  Camp 19 Road Crossing replacement (0.75 ha)  Hare Lake Habitat Enhancement (1.1 ha)  Colonizing Fishless Lakes within Project Area (11.92 ha)  Improving Fish Passage within Hare Creek  Improving Fish Passage with

  7. Slide 7: Offsetting and Compensation Opportunities

    Offsetting and Compensation Opportunities Potential Fish Habitat Opportunities to be evaluated using the following matrix criteria: • Group/Individual advocating for the alternative • Compatibility with existing land use • Habitat area gain • Construction certainty • Land tenure certainty 7

  8. Slide 8: Hare Lake Habitat Enhancement (1.1 ha)

    Hare Lake Habitat Enhancement (1.1 ha) • Objectives:  Habitat enhancement for coldwater species (e.g., Cisco, Lake Trout)  Percentage of profundal habitat credit (est. 2% of lake) 8

  9. Slide 9: Colonizing Fishless Lakes within Project Area (11.92 ha)

    Colonizing Fishless Lakes within Project Area (11.92 ha) • Summary of Fishless Lakes (habitat details):  L1 = 2.92 ha, max depth 12 m  L2 = 1.27 ha, max depth 3.5 m  Malpa Lake = 3.36 ha, max depth 3.1 m  L3 = 2.04 ha, max depth 4.4 m  Terru Lake = 0.60 ha, max depth 6.5 m  L22 = 1.73 ha, max

  10. Slide 10: Shipyard Road – Habitat Restoration/Creation (4 ha)

    Shipyard Road – Habitat Restoration/Creation (4 ha) • Objectives:  Restoring aquatic habitat features, improving wetland complexity  Create channelized habitat and improve connectivity with Lake Superior  Increase coastal wetland area within north shore region  Provide spawning and rearing habit

  11. Slide 11: Stream 1 Subwatershed Enhancements (10.4 ha)

    Stream 1 Subwatershed Enhancements (10.4 ha) • Naturalize the Water Management Pond and Stormwater Management Pond • Create fish habitat, include enhancement features • Time lag associated with habitat availability 11

  12. Slide 12: Compensation and Offsetting Accounting

    Compensation and Offsetting Accounting Accounting based on five (5) opportunities – other opportunities available to improve compensation and offsetting: • Total Impacts = 8.53 ha • Near term Opportunities = 17.77 ha • Post-project Reclamation Opportunities = 10.5 ha • Complementary Measures = 0 (ho

  13. Slide 13: More Information on the Project can be found at

    More Information on the Project can be found at www.genmining.com and the Impact Assessment Registry at https://iaac-aeic.gc.ca/050/evaluations/proj/54755?culture=en-CA If you have additional questions, please email us at comments@genpgm.com

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