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Marvel (TSXV:MARV) mobilizes crew to Duhamel Property, Lac St. Jean, QC

Mining
TSXV:MARV
26 July 2022 08:30 (EDT)
Marvel Discovery Corp. - CEO, Karim Rayani

Source: Karim Rayani

Marvel Discovery Corp. (MARV) has mobilized a field crew to the Duhamel Ni-Cu-Co and Ti-V-Cr Property north of Quebec City.

As a result of the interpretation of the TDEM and magnetic airborne survey, Marvel increased its land position in the Saguenay-Lac-Saint-Jean Anorthosite Suite from 42 claims to 102 claims for a total of 5,300 hectares.

Late-off time TDEM response anomalies have outlined seven linear target trends that strike northwest-southeast for several kilometres.

These late-off time TDEM responses coincide well with the edges of magnetic highs, making them targets of high merit for massive sulphides.

The compilation of historical drilling and mineralized showings reveals the remarkable coincidence of these seven trends with recorded Ni-Cu-Co bearing massive to semi-massive sulphides.

The company mobilized a crew to the property to confirm historic drill holes that contain highly anomalous Ni-Cu-Co intersections, confirm the nature and significance of Ni-Cu-Co showings, and survey those areas of high merit with a Beep Mat and prospect the newly interpreted TDEM trends for new Ni-Cu-Co mineralization.

If the historical drill holes can be located, low frequency downhole surveys will be performed to assist with future targeting efforts.

“We are extremely pleased with the results of the heliborne survey in generating targets,” said Karim Rayani, President & Chief Executive Officer.

“We are very keen to determine if the historic drill collars can be located, and if it is possible to conduct low frequency BHEM downhole surveys on these holes, and the results of the field work will enable us to define and select our best targets for diamond drilling,” he added.

The Duhamel Property is characterized by large mafic to ultramafic intrusive rock bodies located in the northern margin of the Saguenay‐Lac‐Saint‐Jean (SAGLSJ) Anorthosite Suite, one of the largest anorthosite intrusive bodies in the world.

Marvel Discovery Corp. is a Canadian-based emerging resource company.

Marvel Discovery Corp. opened trading at $0.09 per share.


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