Generation Mining Receives Additional Permit Approvals for Marathon Copper-Palladium Project, Canada
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Generation Mining has received two additional approvals from the Ministry of the Environment, Conservation and Parks (MECP) and the Ministry of Natural Resources (MNR) for the Marathon Copper-Palladium Project in Northwestern Ontario.
The permit to take water (PTTW) for the construction phase of the project was granted by MECP, and one of the four approvals for the Lakes and Rivers Improvement Act (LRIA) permit, regarding construction of infrastructure associated with the water management structures has been approved by MNR.
The Company has also completed the work associated with the aerial survey portion of the Endangered Species Act (ESA) permit for the Boreal Woodland Caribou in the Lake Superior Coastal Range as required with the amended ESA MECP permit.
These approvals mark significant milestones in the advancement of the company’s Marathon Project.
The completion of the Caribou Survey was a key portion of the amendment to the ESA permit and reflects the company’s commitment to environmental stewardship and aligns with the objectives established by MECP, Indigenous groups, and other stakeholders for the protection and management of Boreal Woodland Caribou in the Lake Superior Coastal Range.
The Caribou Survey started on February 9 and was completed in late February. The survey included 5500km of flight-lines via helicopter over the range extending from Terrace Bay to the Montreal River including the Slate Islands, Michipicoten Island and other near shore islands, with biologists and trained spotters and key Indigenous community members.
“Receiving these approvals from the MNR and MECP is a testament to our team’s hard work and dedication to advancing the Marathon Project responsibly. We remain committed to working closely with all regulatory bodies to ensure the highest standards of environmental and social responsibility,” said Jamie Levy, president and CEO of Generation Mining.
“This Caribou Survey was a key aspect of the ESA permit and incredibly important in understanding the Boreal Woodland Caribou population in the range around the Marathon Project on the Lake Superior mainland. We appreciate the Indigenous communities support in the survey. While the spotters did not see any Caribou on the mainland, we did confirm the numbers on the Slate Islands,” said Ruben Wallin, VP Sustainability.
UPDATE ON REMAINING PERMITTING
Generation Mining continues to work diligently on securing the remaining permits required for the Marathon Project. The company is in the final stages of obtaining the following permits:
• The remaining LRIA approvals from MNR for permits associated with the construction of tailings and water
management structures on site
• Environmental compliance approval - waste (ECA-W ISW) from the MECP for the discharge of water at the
project site
Following the company receiving these two remaining approvals, which are expected in the coming months, the Marathon Project will have received all key permits required for construction.
Generation Mining’s focus is the development of the Marathon Project, a large undeveloped palladium-copper deposit in Northwestern Ontario, Canada. The company released the results of the feasibility study update in March 2023. Gen Mining owns a 100 percent interest in the Marathon Project.
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