Generation Mining: Summer Update and Fall Preview

Investor webinar replay

Replay transcript excerpt

Speaker 1: Welcome everybody. We've got a good crowd today. Speaker 1: And Speaker 1: the purpose of today's meeting is to let you know what we've been doing over the summer. It's been a really, really busy summer for us and has been a very good summer for us. And then we'll Speaker 1: finish up with Speaker 1: some of the things we're gonna be doing in the fall. And then we're gonna talk about our exploration program Speaker 1: and where we think we're gonna be next year once our feasibility study is done. Speaker 1: So, Speaker 1: 1st I'm gonna introduce the company because I know we have some fairly new people on here. Our email list Speaker 1: on our website has grown dramatically over the last Speaker 1: 3 months. Speaker 1: And so I know some of you are new to the company. So those of you who follow us before, please bear with me through the 1st part, and then we're gonna get into some new and new stuff that you've probably not seen before. So as some of you know, we acquired a 51% interest in the Marathon Palladium Project, the largest undeveloped palladium project in North America. And we have an option to increase that interest to 80%. And we can do that by spending $10 million Speaker 1: over 4 years. But we're going to have that, We acquired this last July, so we've had it for 13 months. We expect in the next 4 or 5 months that we will have earned our 80% interest. Speaker 1: This project has a resource calculation just in the measured and indicated category of 8.6 Speaker 1: million Speaker 1: palladium equivalent ounces and another 900, 000 ounces in the inferred category. Speaker 1: That 8.6 million encompasses 3 deposits. Our feasibility study is only focusing on 1 because we get a pretty good mine life out of that. And we don't need to go through the ...