Generation Mining (GENM.TO) has resumed drilling activities on its 80% owned Marathon PGM project in Ontario. The company is now working on bout 8,000 meters of drilling on top of the 2,000 meters that were completed last winter.
Drilling started about two weeks ago and was focusing on the W-Horizon extension where a total of 7 holes (for a combined 4,000 meters) will be drilled this summer. According to the Generation Mining update, two holes will test two off-hole EM conductors while the remaining five holes will be testing the down plunge extent and the width of the high grade drill results which were released a few weeks ago (including 4 meters of 4.3 g/t palladium, 0.81 g/t platinum, 0.48 g/t gold and 0.63% copper).
Once the drill rig has completed the seven holes at the Central Feeder zone area, it will be moved to the Chonolith zone where 8-10 holes will drill-test the exploration theory, hoping to find massive sulphides. And on top of the drill program, the field crews will work on a soil sampling program in the area between the Boyer Prospect and the Sally Deposit, which has not been mapped or prospected before. The results of the 2021 sampling program will allow Generation Mining to decide on starting a trenching or geophysics program in the area, trying to identify more PGM mineralization in close vicinity to the main pit of the Marathon PGM deposit.
Disclosure: The author has a long position in Generation Mining. Generation Mining is a sponsor of the website. Please read our disclaimer.
