04:22:11 EDT Wed 16 Jul 2025
Enter Symbol
or Name
USA
CA



Generation Mining Ltd
Symbol GENM
Shares Issued 268,185,606
Close 2025-07-15 C$ 0.355
Market Cap C$ 95,205,890
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Generation Mining appoints Kuntz as director

2025-07-15 16:32 ET - News Release

Mr. Jamie Levy reports

GENERATION MINING APPOINTS KYLE KUNTZ TO BOARD OF DIRECTORS STRENGTHENING DEVELOPMENT AND CONSTRUCTION EXPERTISE

Generation Mining Ltd. has appointed Kyle Kuntz to its board of directors.

Mr. Kuntz is a mining project executive with over a decade of experience leading large-scale mining developments across North America. He currently holds the position of vice-president, projects, at Equinox Gold Corp. Before joining Equinox, he served as director, projects, at Marathon Gold Corp., where he remained through its acquisition by Calibre Mining and the subsequent merger with Equinox. During his tenure at Calibre, he was responsible for overseeing the construction of the Valentine gold project. Earlier in his career, he held key roles with JDS Energy & Mining Inc., the Nuna Group of Companies and Stantec. Mr. Kuntz brings deep expertise in transforming mineral projects from feasibility studies into operational assets, with a focus on project management, engineering leadership, procurement strategies and construction execution.

"We are delighted to welcome Kyle to our board of directors," said Kerry Knoll, chairman of Generation Mining. "His leadership at the Valentine gold project and his deep understanding of the technical, regulatory and stakeholder engagement processes will strengthen our board as we advance our Marathon copper-palladium project toward construction. His hands-on experience guiding a major Canadian mining project through construction brings added technical capacity to our board as Generation Mining enters its next phase of growth."

"I'm excited to join the Generation Mining board and contribute to the advancement of the Marathon project," said Mr. Kuntz. "With the growing importance of critical minerals like copper and palladium, this project is strategically positioned to play a key role in Canada's resource future."

About Generation Mining Ltd.

Generation Mining's focus is the development of the Marathon project, a large undeveloped copper-palladium deposit in Northwestern Ontario. The Marathon property covers a land package of approximately 26,000 hectares, or 260 square kilometres. Generation Mining is dedicated to fostering a greener future by promoting sustainability, empowering communities and delivering value to the company's stakeholders.

The feasibility study estimated a net present value (using a 6-per-cent discount rate) of $1.07-billion, an internal rate of return of 28 per cent and a 1.9-year payback based on the three-year trailing average metal prices at the effective date of the technical report. Over the anticipated 13-year mine life, the Marathon project is expected to produce 2,161,000 ounces of palladium, 532 million pounds of copper, 488,000 ounces of platinum, 160,000 ounces of gold and 3,051,000 ounces of silver in payable metals.

Qualified person

The scientific and technical content of this news release has been reviewed and approved by Daniel Janusauskas, PEng, technical services manager of Generation PGM Inc., a wholly owned subsidiary of the company, and a qualified person as defined by Canadian Securities Administrators National Instrument 43-101 -- Standards of Disclosure for Mineral Projects.

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