30 km west of Marathon, ON
- 100% interest in the Richview Pine Project
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 35km to the town of Marathon.
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 planned for Spring 2021
- Planning on commencing exploration on the Richview Pine Project in summer 2021.
- 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)