Marathon Project is shovel-ready sparkling. Largest polymetallic palladium-copper-platinum-gold-silver deposit in North America.
C$700M ebitda at current metal prices.
Palladium: 40% of revenue.
Copper: 40%.
Platinum, Gold, Silver: 20%.
Complete financing 2026 Q2, with canada govt funding likely for this top strategic shovel-ready project in April.
Construction 2026 Q3. Production 2028.
Capex C$992M payback within 18 months of production.
Exploration upside at recently expanded areas Martinet, Foxtrap, and Sally could extend Marathon mine life to 25+ years.
Infrastructure-rich location in Northwestern Ontario, Canada, on the northeast shore of Lake Superior.
Today announced Paul McRae and Jeremy Wyeth as Technical Advisors to support the development, construction, and future operation of the Marathon Project.
Small market cap C$230M. 318M shares.
OTC: GENMF