Get the Latest Investment Ideas Delivered Straight to Your Inbox. Subscribe

News Update


Developer Advances Metallurgical Testing at Ontario Palladium Project
News Update

Share on Stocktwits


Generation Mining optimized the processing plant flowsheet design and improved metals recoveries.

In a news release, Generation Mining Ltd. (GENM:TSX; GENMF:OTCQB; 9GN:FSE) reported on the"continued progress of the Feasibility Study currently underway for the Marathon Palladium project in northwestern Ontario."

With the metallurgical work completed thus far, the company optimized the processing plant flowsheet design and improved metal recoveries, advancements that it will incorporate into the feasibility study and engineering phase.

"We see the achieved recoveries and overall design to be very positive for the overall project," Chief Operating Officer Drew Anwyll said in the release.

Regarding the second phase of metallurgical testing, which got underway in September, the company achieved honed performance of the scavenger and cleaning flotation circuits and determined the best grind size for the regrind circuit.

Generation Mining began initial locked cycle and pilot plant testing in mid-October, which it should finish in November. For this, it is using three bulk samples containing varied palladium and copper. Two samples are of newly obtained material from the Main zone and W-Horizon, and the third is a composite obtained in 2012.

These final steps should "fully validate the flowsheet, process design criteria and confirm expectations for final concentrate grade and quality," the release explained.


1) Doresa Banning compiled this article for Streetwise Reports LLC and provides services to Streetwise Reports as an independent contractor. She or members of her household own securities of the following companies mentioned in the article: None. She or members of her household are paid by the following companies mentioned in this article: None.
2) The following companies mentioned in this article are billboard sponsors of Streetwise Reports: Generation Mining. Click here for important disclosures about sponsor fees.
3) Comments and opinions expressed are those of the specific experts and not of Streetwise Reports or its officers. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security.
4) The article does not constitute investment advice. Each reader is encouraged to consult with his or her individual financial professional and any action a reader takes as a result of information presented here is his or her own responsibility. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. This article is not a solicitation for investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company mentioned on Streetwise Reports.
5) From time to time, Streetwise Reports LLC and its directors, officers, employees or members of their families, as well as persons interviewed for articles and interviews on the site, may have a long or short position in securities mentioned. Directors, officers, employees or members of their immediate families are prohibited from making purchases and/or sales of those securities in the open market or otherwise from the time of the decision to publish an article until three business days after the publication of the article. The foregoing prohibition does not apply to articles that in substance only restate previously published company releases.

Want to read more about Gold, Base Metals, PGM - Platinum Group Metals and Silver investment ideas?
Get Our Streetwise Reports Newsletter Free and be the first to know!

A valid email address is required to subscribe