Generation Mining

Generation Mining (TSX: GENM) is advancing the shovel ready Marathon Project, a large undeveloped copper‑palladium deposit in Northwestern Ontario that is now under construction. The Feasibility Study (the “Technical Report”) with an effective date of November 1, 2024, outlines a robust economic profile, including a Net Present Value of $1.07 billion (6% discount rate), an Internal Rate of Return of 28%, and a 1.9‑year payback based on the three‑year trailing average metal prices at the effective date of the report. Over the anticipated 13‑year mine life, the Project is expected to produce approximately 2,161,000 ounces of palladium, 532 million pounds of copper, 488,000 ounces of platinum, 160,000 ounces of gold, and 3,051,000 ounces of silver in payable metals. These production estimates and economic projections are forward‑looking statements subject to risks and uncertainties.