#GGC2023 CASE COMPANIES
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.
THANK YOU TO ALL OF OUR #GGC2023 SPONSORS!
#GGC2023 TEAMS
#GGC2023 WINNERS
CONGRATULATIONS
Queen’s University was declared the winner at the 2023 Goodman Gold Challenge: Battery Metal Edition on February 4th!
The team beat out rival squads from the Colorado School of Mines and Bishops University to take home the win by providing an “out-of-the-box approach” selecting Frontier Lithium!
They went home with the top prize, the cash equivalent of four ounces of gold!
FINALIST PRESENTATIONS
