Marvel Discovery Corp Stock Price, News & Analysis

Marvel Discovery Corp. has announced the receipt of permits for its inaugural diamond drilling program at the KLR-Walker Uranium Project located in the Athabasca Basin. This program will consist of 10 drill holes totaling 1,000 meters. The drilling aims to target structures identified in an airborne magnetic survey and is expected to commence shortly. Historically, the DD Zone has shown promising uranium values, with significant intersections reported from previous drilling efforts. Additionally, Marvel has appointed Brian Crawford as the new Chief Financial Officer, bringing extensive financial experience to the role.

Marvel Discovery Corp. has submitted a drill program application for its Duhamel Nickel-Copper-Cobalt-Platinum Group Property in Quebec. The inaugural drill campaign will cover 2000m, targeting 10-20 selected areas with depths of 100-200m. Historical drilling data indicates existing nickel mineralization with assays showing 1.27% Nickel and 0.33% Copper. The project is situated in a geologically significant region, characterized by large mafic and ultramafic intrusive rock bodies. The company's CEO expresses optimism about the drilling prospects, emphasizing the potential for undiscovered mineralization.

Marvel Discovery Corp. announces the initiation of exploration on the Golden Brook Projects in Central Newfoundland, strategically located near significant lithium discoveries. Crews are mobilized for an extensive prospecting and till sampling program to assess mineralization potential ahead of planned drilling in early 2023. This project covers approximately 25 kilometers of the Cape Ray Fault and is adjacent to the past-producing Hope Brook Gold Mine, which generated over 752,000 ounces of gold. The company aims to verify targeted areas linked to the promising Kraken Pegmatite Field.

Marvel Discovery Corp. (TSX-V:MARV, OTCQB:MARVF) has commenced its surface reconnaissance exploration program at the Gander East project, strategically located near New Found Gold's Queensway Project. Following a successful high-resolution magnetic survey and geophysical review, the company plans prospecting and till sampling to define drill targets for its inaugural drilling campaign in early 2023. The exploration program is supported by Newfoundland's Junior Exploration Assistance Program, which covers up to 75% of approved costs, aiding in the discovery of new mineral occurrences.

Marvel Discovery Corp. has entered into a joint venture agreement with Carmanah Minerals Corp. to acquire a 50% interest in the Walker Claims located in the Athabasca Basin, Saskatchewan. Carmanah will invest $1.5 million in exploration, along with a $400,000 cash payment, 3.5 million shares, and 3.5 million warrants. This partnership allows both companies to explore simultaneously while Marvel retains 100% control of other significant claims in the area, potentially leading to major uranium discoveries.

Marvel Discovery Corp. (TSXV:MARV)(OTCQB:MARVF) and Falcon Gold Corp. announce updates on their exploration at the Hope Brook Projects, adjacent to Benton-Sokoman’s JV. Initial high-resolution surveys were delayed due to forest fires, allowing for geophysical reviews identifying key geological structures. Recent discoveries of lithium pegmatites nearby further emphasize the area's mineral potential. The Alliance has a combined land position of 115,170 hectares, situated in a geologically significant area known for gold deposits, including the historic Hope Brook Gold Mine.

Marvel Discovery Corp. has reported significant findings from its recent field campaign at the Duhamel Ni-Cu-Co-PGE property, located 350 km north of Quebec City. The interpretation of airborne surveys led to the discovery of a new showing named the Rottenstone Showing, characterized by weathered ultramafic rocks containing highly anomalous copper, nickel, and cobalt readings. Next steps involve stripping and cleaning the mineralized zone for channel sampling, with immediate drill permit applications anticipated if results indicate extensive mineralization.

Marvel Discovery Corp. has mobilized field crews to the Duhamel Ni-Cu-Co and Ti-V-Cr property, 350 km north of Quebec City. Following TDEM and magnetic surveys, Marvel expanded its land position from 42 to 102 claims, totaling 5,300 hectares. The survey outlined 7 significant target trends for potential Ni-Cu-Co sulphide deposits. Historical drilling highlights include intersections of 1.27% Ni, 0.33% Cu, and 0.12% Co over 3 meters. The company aims to confirm previous drill holes and identify new mineralization targets for future diamond drilling.

Marvel Discovery Corp. has launched its 2022 exploration program at the 100% owned Gander North Property in Newfoundland. The program began in June with initial prospecting revealing quartz vein evidence. Surface samples have been submitted for assays, and plans are in place for additional geological mapping. Notably, the property is adjacent to the Gander Gold Project, where soil gold anomalies of up to 756.1 ppb were recorded. High-resolution geophysical surveys are set to enhance understanding of the magnetic trends to guide future drilling efforts.