Generation Mining Limited / Palladium Play

Hier winken entspannte 100% und mehr. Bereits Anfang 2020 stieg der Palladiumkurs auf über 2.000USD und bis Ende Februar auf über 2.850USD bis er dann im Coranacrash auf ca. 1.500USD absackte.  Nicht nur, dass auch der Kurs von Genaration Mining Ende Februar bei ca. 0,50€ stand, ist auch hier Eric Sprott mit knapp 8% beteiligt. Er kaufte sich hier noch vor der Coronakrise zu 0,52 CAD bzw. zu 0,34€ ein.  Nicht nur dass es sich hierbei um eine sehr seltene Gelegenheit handelt deutlich billiger als eine Rohstoffinvestmentlegende wie Eric Sprott zum Zuge zu kommen  haben sich bei Generation Mining noch weitere Größen wie: Lukas Lundin aus der ebenfalls in der Rohstoffwelt bekannten schwedisch/kanadischen Milliardärsfamilie, welche u.a. Lundin Gold und Lundin Mining kontrolliert. Auch Sibanye Stillwater und Osisko Mining halten Anteile an Generation Mining. Weitere Infos zu den Projekten: www.genmining.com . Die Analysten von Haywood Capital Markets sehen hier ein erstes Kursziel bei 1,05CAD/ 0,69 EUR.  

 

Generation Mining Reports Significant Increase in PGM, Copper Recovery

Copper   Platinum Group Metals   Ontario   Metallurgy
TSX: GENM
www.genmining.com
Mr. Jamie Levy reports:
TORONTO, Aug. 20, 2020 (GLOBE NEWSWIRE) -- Generation Mining Limited (TSX: GENM) (OTCQB: GENMF) (“Gen Mining” or the “Company”) is pleased to report an update to its work program on the Marathon Palladium project in northwestern Ontario (the “Marathon Project”). The Company has successfully completed bench-scale metallurgical test work, resulting in a favourable and significant increase to projected Platinum Group Metals (“PGM”) and Copper (“Cu”) recovery. Expected increases in metal recovery will be included in the feasibility study work.

Metallurgical testing commenced at SGS Canada Inc. in Lakefield, Ontario in June 2020 for the Feasibility Study that is currently underway. The 2020 Phase 1 Metallurgical Testing program is being overseen by Steve Haggarty, P.Eng., of Haggarty Technical Services (“HTS”) and Ausenco Engineering Canada Inc. (“Ausenco”) (who will be the Qualified Person for the upcoming metallurgical and processing sections of the Feasibility Study Technical Report). The Phase 1 Metallurgical Testing program achieved the following results:

2020 Phase 1 Metallurgical Recovery 1
(as determined by SGS-Lakefield 2020 Met Testing Program - Phase 1) PEA2 Metallurgical Recovery

Variance
+ positive
- negative
 Palladium     86.9%     82.9%     +4.0%          §
    Copper     93.0%    90.0%3     +3.0%          §
  Platinum     84.2%     74.5%     +9.7%          §
      Gold     72.4%     73.2%     -0.8%          §
    Silver§Not evaluated in this program 71.5% n/a
1 Recovery calculations are based on the established head grade of composite samples ranging in Cu, Pd, Pt, and Au head grade and involving multiple benchscale flotation tests.  
2 Preliminary Economic Assessment (“PEA”) of the Company titled “Amended Technical Report, Updated Mineral Resource Estimate and Preliminary Economic Assessment of the Marathon Deposit, Thunder Bay Mining District Northwestern Ontario Canada” dated July 6, 2020 (effective date of January 6, 2020);
3 The estimated recovery of Cu is noted per the PEA for years 6-14
The goal for Phase 1 Metallurgical Testing was to improve overall metal recovery relative to the PEA and validate changes considered to the process flowsheet relative to previous concepts considered for the project. The 2020 Phase 1 Metallurgical Testing program focused on three main aspects:

Pursue improved metal recovery with optimization of rougher flotation feed grind size, flotation reagents, and the implementation of a PGM Scavenger circuit;
Reduction in the initial capital cost of the concentrator by evaluating state-of-the-art flotation technology such as the Woodgrove Direct Flotation Reactor (DFR) technology;
Improved flotation circuit operability with improved control and management of rejected pyrite and pyrrhotite.
Samples used for the Phase 1 Metallurgical Testing consisted of contiguous, discrete intervals selected from 2019 diamond drill core making up three  composites from the South pit (the W-Horizon), five composites from the Main zone and a previously preserved 2012 composite from the Main Zone referenced as “Composite 3”. Composites from recent 2019 drilling were selected to provide a range in Cu, Pd, Pt and Au head grade with a past to present comparison using the 2012 Composite 3 to provide updated estimates for recovery that will be applied in the Feasibility Study.

Jamie Levy, President and Chief Executive Officer of Gen Mining, commented: “We are extremely pleased with the Phase 1 Metallurgical Testing program. A 4% improvement in recovery for Palladium, a 3% improvement for Copper, and a 10% recovery for Platinum is a direct financial benefit to the Marathon Project. The test program also considered the inclusion of the innovative Woodgrove DFR technology in process plant design which will assist in decreasing constructed capital costs when compared to the implementation of conventional technology.”

A Phase 2 metallurgical testing program with a pilot plant at SGS-Lakefield has now commenced. The Phase 2 metallurgical testing will be done on bulk samples recently extracted from the Main Zone and W-Horizon, in addition to the preserved Composite 3. The intent of Phase 2 pilot plant testing is to fully validate the flowsheet, produce a final concentrate that will assist with concentrate marketing and allow for increased confidence on the operability of the plant. This phase of the project is not needed for compliance with NI43-101 regulations but is intended to advance efforts for post-feasibility study development. The Phase 2 metallurgical work will continue into Q4 2020 and is not expected to delay the progress of the Feasibility Study or project design.  

on Metallurgical Test Programs and Initiates a Pilot Plant:

https://www.juniorminingnetwork.com/...or-mining-brief-for-date-b-j-y  

wenn maN KEIN ENGLISCH KANN  

Wer einen Übersetzer verwendet ist ganz klar im Vorteil sofern er kein Englisch kann:


https://www.bing.com/translator/...e&text=%25cpy_txt_urlencode%25  

Generation Mining Announces C$3.3 Million Fully Subscribed Flow Through Financing Led by Eric Sprott

https://www.juniorminingnetwork.com/...or-mining-brief-for-date-b-j-y  

Generation Mining (Kanada GENM) gab bekannt, dass Eric Sprott knapp die Hälfte eines Flow Trough Financings über 3,3 Millionen CAD zu 0,77 CAD je Aktie zeichnen wird und damit zum größten Einzelaktionär von Generation Mining aufsteigt.

Mit dieser Finanzierung hat die Gesellschaft 12 Mio. CAD in der Kasse und kann die sehr guten Ergebnisse der Explorationssaison 2020 weiterverfolgen und gleichzeitig an der Machbarkeitsstudie und Minen-Genehmigung 2021 arbeiten.  

 

Platin bleibt die „Turnaroundstory“ schlechthin.
Der Platinpreis bricht gerade über einen der
wichtigsten Widerstände der letzten Jahre bei 1.050 USD nach oben aus.

Ein Blick auf den 10-Jahres-Chart beim Platin zeigt, wohin die Reise gehen könnte. Platin ist das letzte der vier Edelmetalle, welches gerade erst seinen Bärenmarkt beendet und einen neuen Bullenmarkt startet! Platin (aktuell 1.106 USD) war zudem historisch meist wesentlich teurer als Palladium, welches aktuell bei 2.479 USD notiert. Die Zielzone für 2021 liegt zwischen 1.300 und 1.500 USD.

Jetzt sollte auch jedem klar sein warum Eric Sprott hier mittlerweile der größte Aktionär ist.

Für mich ganz klare Kaufkurse.