Generation Mining Ltd. · TSX:GENM

Generation Mining — Investor Presentation (November 2021)

12 slides from Generation Mining's investor presentation, November 2021

  1. Slide 1: Marathon Palladium Project - Project Overview

    November 2021 Project Overview MARATHON PALLADIUM PROJECT

  2. Slide 2: Project Overview

    PROJECT OVERVIEW The open pit ore will be processed (crushed, ground and concentrated) at an on-site processing facility. Final concentrates containing Palladium and Copper will be transported off- site via road and/or rail to a smelter and refinery for extraction and purification Site construction

  3. Slide 3: Site Layout

    GENERATIONPGM SITE LAYOUT

  4. Slide 4: Environmental Assessment Process

    ENVIRONMENTAL ASSESSMENT PROCESS EIS Addendum EIS Addendum Environmental Volume 1 Volume 2 Impact Statement (submitted (submitted April (submitted 2012) January 2021) 2021) Information Sufficiency Joint Review Requests (May Determination Panel Hearings 2021-November (December 2021) (February 2022) 2

  5. Slide 5: Information Requests

    INFORMATION REQUESTS 1. May 5, 2021: Alternatives and Water chemistry. Responses received May 17, 2021 2. May 31, 2021: Caribou mitigation, Cost analysis, Surface Water Quality, Labour and Accommodations. Responses received June 18, 2021 3. July 13, 2021: Cumulative effects assessment, Environmental

  6. Slide 6: Environmental Permitting

    ENVIRONMENTAL PERMITTING Permit Activity Regulator Forest Resource License clearing the Project footprint NDMNRF Closure Plan required prior to construction NDMNRF Overall Benefit Permit for caribou MECP water supply well MECP pit dewatering MECP Permit to Take Water construction dewatering MECP imp

  7. Slide 7: Closure Plan Overview

    Closure Plan Overview South pit to be used for mine rock storage and capped with NAG rock Central and north pit to be flooded, anticipated to overlow in 25 years Flow east under mine rock storage area through vegetated swales to Pic River Mine rock storage to be revegetated over crest and slope benc

  8. Slide 8: Fisheries Permits - Baseline

    FISHERIES PERMITS - BASELINE Fish community and fish habitat studies were conducted in 2006, 2007 2009 to 2013. Fish bearing: ~ 8.5 ha Non fish bearing: ~ 6 ha 8

  9. Slide 9: Fisheries Permits

    FISHERIES PERMITS Habitat Compensation Opportunities • Hare Lake Habitat Enhancement • Improving Fish Passage within Hare Creek (e.g., salmonids) • Improving Fish Passage within Angler Creek • Repurpose site infrastructure excavations to make new lake habitat • Lake Superior nearshore tributaries –

  10. Slide 10: Caribou Habitat Modelling

    CARIBOU HABITAT MODELLING Project footprint directly overlaps 106 ha of OMNRF-defined winter habitat No known calving habitat within the Project footprint or Local Study Area Approximately 732 ha refuge habitat also exists within the Project footprint. 10

  11. Slide 11: Mitigation Approach

    MITIGATION APPROACH • Road and trail decommissioning • Active revegetation of linear disturbances • Improve long term results through installation of barriers and non-linear features • Slash pile and chipper debris remediation • Three types: old slash, tree length slash and chipper pads • Slash can

  12. Slide 12: 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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