Richview Pine Project
Metals
Platinum
Palladium
Location
30 km west of Marathon, ON
Description
- 100% interest in the Richview Pine Project
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The Richview Pine Project is located in Northwestern Ontario, positioned in the eastern portion Thunder Bay Mining Division. The project is accessible year-round by the TransCanada Highway (ON-17) and is located approximately 30km to the town of Marathon.
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The Richview Pine Project is situated along the interface of two significant geological formations, being the Proterozoic Coldwell Alkalic Complex and the Archean Schreiber-Hemlo Greenstone Belt. This region has seen a resurgence of exploration since the release of Generation Mining’s Technical Report on their Marathon Palladium & Copper Project, providing validity that the region may host significant palladium-platinum mineralization.
- Airborne electromagnetic survey conducted in Spring 2021
- Planning on commencing exploration on the Richview Pine Project in summer 2022.
- Generation Mining (CSE: GENM): On January 6, 2020, Generation Mining Limited released a preliminary economic assessment (PEA) giving Marathon an after-tax net present value (NPV) of $871 million. Making the Marathon deposit is ‘one of’ the largest undeveloped platinum group metal mineral resources in North America hosting several PGM-Copper deposits, including the 7.1-million-ounce palladium-equivalent Marathon Deposit. Estimated to produce 194,000 oz PDEQ annually over a 14-year mine life (source: Generation Mining, 2020)