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Generation Mining Notes Ontario Govt Identifies Marathon Project as "Shovel-Ready" Strategic Project
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Generation Mining Notes Ontario Govt Identifies Marathon Project as "Shovel-Ready" Strategic Project
Jun 6, 2025 6:21 AM

08:54 AM EDT, 06/06/2025 (MT Newswires) -- Generation Mining ( GENMF ) on Friday said the Ontario government has identified its Marathon Project as a "shovel-ready" strategic mineral project that is critical to building a secure domestic supply chain. The province is urging the federal government to invest in critical mineral projects in Ontario's Ring-of-Fire region.

In an open letter to the federal Minister of Energy and Natural Resources, Tim Hodgson, Ontario ministers noted, "Building on the investments in the Ring of Fire and the critical minerals supply chain we urge the federal government to invest in shovel-ready strategic mineral projects that are critical to building a secure, domestic supply chain including...Generation Mining's Marathon Project."

The Marathon project is a large undeveloped copper-palladium deposit in northern Ontario. Over its 13-year mine life, the project is expected to produce 2.2 million ounces of palladium and 532 million lbs of copper.

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