GGC 5TH ANNUAL

MAGNA MINING

MAGNA MINING IS A SUDBURY-FOCUSED BASE METAL EXPLORATION AND DEVELOPMENT COMPANY.
The company was formed in 2016 and in early 2017, acquired Ursa Major Minerals, a private company that owned the past producing Shakespeare Mine and Shining Tree project. Shakespeare is situated 70 km to the south-west of the Sudbury Basin.  Magna has since assembled a contiguous land package of over 180km², much of which has seen little exploration work and yet remains prospective for further nickel, copper and PGM discoveries.

FRONTIER LITHIUM

Frontier Lithium is an emerging lithium mineral and salts company focused on the development of its 100%-owned PAK Lithium Project in Ontario. With increased ‘local’ supply chain desires around the world the Company’s objective is to become a strategic domestic supplier. Frontier Lithium is aiming to produce battery-grade lithium hydroxide and lithium salts to the growing electric vehicle and energy storage markets in North America as well as premium mineral concentrates supplier for high quality glass manufacturers.

Frontier Lithium maintains the largest land position and resource in a new premium lithium mineral district located in Ontario’s Great Lakes region. The region is advantaged by favourable geology, proven metallurgy with access to intermodal hubs, infrastructure, power, and mining along with downstream lithium processing expertise for auto OEM’s future Li-Ion battery requirements.

GENERATION MINING

Generation Mining is developing the 100%-owned Marathon Palladium-Copper project in Northwestern Ontario. A 2023 updated Feasibility Study shows a $1.16 billion net present value (6%), a 25.8% internal rate of return, and a 2.3-year payback at a US$1800 palladium and US$3.70 copper price. Marathon is a large undeveloped palladium project in North America. Most palladium demand is for autocatalysts in cars, which scrub toxic emissions from exhaust and therefore make our air much cleaner, while copper is a key component in electric cars.