Gold

Marvel Discovery

Marvel Discovery

TSXV:MARV

Acquisition, Exploration and Development of Mineral Assets in Canada

​Company Highlights

  • Marvel Discovery is a Canadian multi-commodity resource company focused on generating, acquiring and exploring opportunities in Canada. The company’s robust project portfolio includes 12 highly prospective properties covering lithium, uranium, gold, nickel, rare earth elements and titanium.
  • Its portfolio spans across Canada, which offers excellent exposure and mineral diversity from the country’s most prolific mining jurisdictions, including Ontario, Quebec, British Columbia, Saskatchewan and Newfoundland.
  • Marvel Discovery holds six highly prospective gold properties, including the Blackfly property in Ontario and the Slip gold project in Newfoundland and Labrador. All projects prime the company for remarkable gold discovery and development possibilities.
  • The Blackfly gold property is located in proximity to Agnico Eagle’s Hammond Reef gold deposit, which has an estimated open-pit mineral reserves of 3.3 million ounces of gold.
  • Marvel Discovery has a strong management team, which combines years of experience and a proven track record in corporate finance, project development and resource-based operations.
  • Marvel Discovery is in the process of creating Power One, a spin-off company for its uranium project, and recently received its first set of comments from TSXV for listing the new company.
  • Marvel Discovery acquired 6,325 hectares, consisting of 253 claims in Victoria Southwest. The property sits 40 kilometers west of the Valentine gold deposit in Newfoundland and Labrador. The project is contiguous to significant land packages owned by Falcon Gold Corp, Benton Resources and Buchan Minerals Corp.
  • Marvel Discovery acquired the KLR and Walker, two large claim groups that lie within the Wollaston-Mudjactic Transition Zone of the eastern Athabasca Basin.
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​Overview

Project diversity has become one of the resource industry’s best strategies for minimizing risks and maximizing exposure to exceptional discoveries in mineral exploration projects. Companies with a diversified portfolio covering battery metals, gold, energy and rare earth elements demonstrate that mining players don’t always have to put all their eggs in one basket.

Diversification across world-class mining countries like Canada presents even more exceptional economic upside. Investors can gain exposure from Ontario’s prolific multi-million-ounce gold camps while leveraging the country’s hottest iron and copper mines in Newfoundland and Labrador. With the right company, operating a broad portfolio can mitigate risk without foregoing the opportunity for serious growth.

Marvel Discovery (TSXV:MARV) is a Canadian mineral exploration company focused on generating, acquiring and exploring diverse mineral opportunities across Canada. The company holds a robust project portfolio covering gold, uranium, rare earth elements (REE), lithium, nickel, platinum group elements (PGE) and battery metals.
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Overview

Project diversity has become one of the resource industry’s best strategies for minimizing risks and maximizing exposure to exceptional discoveries in mineral exploration projects. Companies with a diversified portfolio covering battery metals, gold, energy and rare earth elements demonstrate that mining players don’t always have to put all their eggs in one basket.

Diversification across world-class mining countries like Canada presents even more exceptional economic upside. Investors can gain exposure from Ontario’s prolific multi-million-ounce gold camps while leveraging the country’s hottest iron and copper mines in Newfoundland and Labrador. With the right company, operating a broad portfolio can mitigate risk without foregoing the opportunity for serious growth.

Marvel Discovery (TSXV:MARV) is a Canadian mineral exploration company focused on generating, acquiring and exploring diverse mineral opportunities across Canada. The company holds a robust project portfolio covering gold, uranium, rare earth elements (REE), lithium, nickel, platinum group elements (PGE) and battery metals.
Extensive Property Positions

The company’s projects host mineral richness across a wide spectrum of metals, and leverage lengthy histories of mining and exploration in prolific jurisdictions, of which many are seeing an exciting revitalization.

Marvel Discovery’s outstanding gold project portfolio provides the company even more upside potential. Leveraging advantageous positioning in two of Canada’s hottest gold mining provinces, the company has identified and acquired multiple promising gold assets. They include the Blackfly project in Ontario, and Slip, Gander, Baie Verte and Victoria Lake gold projects in Newfoundland and Labrador. Its gold portfolio poses exceptional exploration and high-grade gold mineralization opportunities.

Marvel Discovery’s Blackfly gold property is located in the historic Atikokan district in Ontario. Blackfly is strategically positioned in one of the province’s earliest gold camps and in proximity to Agnico Eagle’s Hammond Reef gold deposit, which has an estimated open-pit mineral reserves of 3.30 million ounces of gold (123.5 million tonnes grading 0.84 g/t gold).

The Slip gold project is 10 kms west of New Found Gold’s (TSXV:NFG) Queensway project, the largest ever consolidation of property within the Central Newfoundland gold belt. Drill results at Queensway continue to demonstrate its potential to be a significant high-grade gold discovery. Historic work at Slip Gold indicates that both Queensway and Slip Gold are hosted in similar structural settings.

The Victoria Lake gold projects, Victoria Lake and Victoria Lake Southwest, in Newfoundland further contribute to the company’s gold portfolio. Historic work at Victoria Lake has indicated it is hosted within similar structural settings to Marathon Gold’s (TSX:MOZ) Valentine Lake gold deposit, which is only 18 kms away. Valentine Lake is poised to be the largest gold mine in Atlantic Canada. Preliminary grab samples from Victoria Lake ranged in value from 15.5 g/t to 24.9 g/t gold and 18.6 g/t to 139.9 g/t silver.

Marvel Discovery acquired Victoria Lake Southwest, a 6,325 hectare land position contiguous to the Falcon Gold, Benton and Buchans Mineral land package. The acquisition includes 253 new gold claims near existing prolific deposits, such as Matador Mining’s Cape Ray deposits, which hosts 837,000 ounces of gold. Additionally, it’s positioned 40 kms west of the Valentine gold deposit that hosts 6.8 Moz of gold. Falcon has immediate plans to begin high-resolution magnetic surveys upon approval of exploration permits. Analytical results of the grab samples assayed between 1.65 g/t and 18.24 g/t gold and between 5.4 g/t and 87.1 g/t silver in subcrop samples.

The company also acquired a significant land position within the Hope Brook Area where it staked 763 claims over 19,075 hectares. It’s strategically located, and contiguous to, the First Mining Gold and the Sokoman Minerals-Benton joint venture. The new land position is hosted within the Exploits Subzone of the Central Newfoundland gold belt. The property is proximal to two major structures linked to significant gold prospects, namely Matador Mining’s Cape Ray project and First Mining’s Hope Brook project, both in Southern Newfoundland and Labrador.

Future plans for the company include listing Power One, a spin-off company and previous subsidiary, to take ownership of its Serepent Rivers Pecors uranium project and the Wicheeda REE property. Marvel Discovery recently received its first set of comments back from TSXV, an important step in listing Power One.

Additionally, completed time-domain electromagnetic (TDEM) surveys at the Duhmel project identified high-priority targets, prompting Marvel to send in a field crew for follow-up. The field crew utilized a portable x-ray fluorescence instrument to identify ultramafic rocks containing copper, nickel and cobalt. Samples are presently awaiting priority analysis from the lab for further confirmation.

Marvel Discovery’s projects also include four rare earth, nickel and uranium projects that span across the entire country. This diverse spread of assets includes the Serpent River, Wicheeda North, Duhamel, East Bull and Highway North properties. The projects offer the company excellent exposure to Canada’s most prospective base and battery metal mining jurisdictions, including Ontario, British Columbia, Quebec and Saskatchewan.

Athabasca Basin

In March 2022, Marvel acquired two large claim groups, the KLR and Walker, which provided the company with a highly advantageous position along the Key Lake fault adjoining both Cameco and Fission's property boundaries. The two claim groups collectively cover 14,190 hectares along the east, north and northwestern directions.

Company Highlights

  • Marvel Discovery is a Canadian multi-commodity resource company focused on generating, acquiring and exploring opportunities in Canada. The company’s robust project portfolio includes 12 highly prospective properties covering lithium, uranium, gold, nickel, rare earth elements and titanium.
  • Its portfolio spans across Canada, which offers excellent exposure and mineral diversity from the country’s most prolific mining jurisdictions, including Ontario, Quebec, British Columbia, Saskatchewan and Newfoundland.
  • Marvel Discovery holds six highly prospective gold properties, including the Blackfly property in Ontario and the Slip gold project in Newfoundland and Labrador. All projects prime the company for remarkable gold discovery and development possibilities.
  • The Blackfly gold property is located in proximity to Agnico Eagle’s Hammond Reef gold deposit, which has an estimated open-pit mineral reserves of 3.3 million ounces of gold.
  • Marvel Discovery has a strong management team, which combines years of experience and a proven track record in corporate finance, project development and resource-based operations.
  • Marvel Discovery is in the process of creating Power One, a spin-off company for its uranium project, and recently received its first set of comments from TSXV for listing the new company.
  • Marvel Discovery acquired 6,325 hectares, consisting of 253 claims in Victoria Southwest. The property sits 40 kilometers west of the Valentine gold deposit in Newfoundland and Labrador. The project is contiguous to significant land packages owned by Falcon Gold Corp, Benton Resources and Buchan Minerals Corp.
  • Marvel Discovery acquired the KLR and Walker, two large claim groups that lie within the Wollaston-Mudjactic Transition Zone of the eastern Athabasca Basin.

Key Projects

Highway North, KLR & Walker Claims - Athabasca Basin

Highway North, KLR & Walker Claims - Athabasca Basin

Marvel Discovery’s Saskatechewan uranium property lies along the Key Lake fault adjoining both Cameco (TSX:CCO) and Fission’s (TSX:FCU) property boundaries. The company now owns a total of 16,763 hectares, following its acquisition of the KLR and Walker Claims covering 14,190 hectares along the east, north and northwestern directions.

  • Diamond Drilling Pending Permit: Marvel has also applied for the necessary permits to complete an inaugural diamond drilling program at the DD Zone within the KLR-Walker Uranium Project. The drill program will consist of 10 holes totaling 1,000 meters. Backpack drilling by EFU in 2015 discovered the Highway Zone, intersecting 1.96 percent U over 29 cm. Other highlights include 1.57 percent U over 4 cm 0.28 percent U over 44 cm, 0.20 percent U over 60 cm, 0.17 percent U over 41 cm, and 0.12 percent U over 24cm. The Highway Zone Discovery appears structurally related and an extension of the DD Zone.
  • Encouraging Historical Production: Highway North Claims contain two known mineralizations. The key Lake Deposit has previously produced 4.2 million tonnes of product with an average grade of 2.1 percent. Additionally, only 21 drill holes have been drilled between 1980 and 2008, which verify the presence of uranium but leave much of the asset unexplored.
  • Walker Claims Indicate Additional Uranium: Collectively known as the Walker Claims, this claim group covers 10,595 hectares and is contiguous to the Fission 3.0 Hobo Lake uranium assets. This claim group hosts 10 uranium showings and several unexplored EM targets.

Newfoundland and Labrador Gold Projects

Newfoundland and Labrador Gold Projects

Marvel Discovery has more than 115,000 hectares of gold assets throughout Newfoundland and Labrador. Its Golden Brook assets, which include Hope Brook and Baie Verte properties, are a joint venture partnership with Falcon Gold Corp. Its additional assets in the province are systematically being explored for high-grade gold deposits.

  • Golden Brook JV (Marvel – Falcon) Gold : Totaling 11,875 hectares located 25 kilometers due east of Newfound Gold’s Queensway Project. The new claims are contiguous to Sassy Resources’ Gander North Project. The Golden Brook is a joint venture between Marvel and Falcon Gold to explore prospective claims recently acquired in the Hope Brook and Baie Verte Brompton Districts.
  • Gander Zone (South, North, East) Gold: Composed of 28,950 hectares and contiguous to New Found Gold and Sassy Resources. Marvel is a major land holder within the central Newfoundland gold belt.
    • The Gander South claims lie along the highly prospective northeast trending Dog Bay-Appleton-Grub Line fault system, where Newfound Gold’s (TSXV:NFG) Queensway Gold project is located.
    • Gander completed a structural interpretation of the high-resolution magnetic survey at the 6,850-hectare Gander East strategically located in the Exploits Subzone and the Gander Zone and is contiguous to New Found Gold Corp’s Queensway Project.
  • Slip Gold Project: The Slip Gold project has similar structural settings to New Found Gold’s Queensway project. It is host to gold mineralization within altered intrusive rocks and quartz veins historically sampling up to 44.5 g/t gold on surface.
    • The Slip Gold project spans approximately 3,700 hectares and leverages strategic positioning within the Exploits Subzone, a hotspot for a potential district-scale gold camp.
    • It is tied to Marathon Gold, which is the Northern Atlantic’s largest gold deposit, hovering around 4.6 million ounces.
  • Victoria Lake Gold Project: The Victoria Lake Gold Project is contiguous with Marathon Gold’s Valentine Lake 4 Moz gold deposit. Sampling and prospecting in 1995 from Vein #3 reported one grab sample assaying 162.7 g/t gold and 220.8 g/t silver and exhibits similar style gold-bearing veins within regional structural corridors.
  • Victoria Lake Southwest Project: This new land position, called Victoria Southwest, consists of 253 claims (6,325 hectares) and is contiguous to Falcon Gold and Benton Resources.
    • The property is positioned 40 kilometers west of the Valentine gold deposit that hosts 6.8 Moz of gold. Falcon has immediate plans to begin high-resolution magnetic surveys upon approval of exploration permits.
    • Benton Resources prospected the area, identifying abundant mineralized quartz vein material containing trace- to several-percent sulfides. Analysis of these grab samples assayed between 1.65 g/t to 18.2 g/t gold and between 5.4 g/t to 87.10 g/t silver in subcrop samples.
Marvel Discovery

Quebec Battery Metals - Duhamel Property

Quebec Battery Metals - Duhamel Property

The Duhamel property is located 200 km northwest of the city of Saguenay, Quebec, in the Saguenay-Lac-Saint-Jean region currently containing seven occurrences of nickel-copper-cobalt sulphides and one titanium-vanadium-chromium occurrence.

  • Promising Drill Results: Drill intercept highlights in the property include 1.27 percent nickel, 0.33 percent copper, and 0.12 percent cobalt over 3.0 meters by Virginia Gold Mines in 2000 that contained massive sulfides.
  • Extended Holding Following TDEM Exploration: In 2022, Marvel received the heliborne magnetic and TDEM survey results over the Duhamel nickel-copper-cobalt and titanium-vanadium-chromium property, prompting the company to expand its land holding in the Saguenay-Lac-Saint-Jean Anorthosite Suite from 42 claims to 102 claims for a total of 5,300 hectares for staking costs.
  • Follow-Up Sampling Pending Results: The completed TDEM surveys highlighted high-priority targets, resulting in Marvel sending in a follow-up field crew. The crew used a portable XRF instrument to confirm ultramafic rocks containing nickel, cobalt and copper. Samples from the ground crew are presently awaiting lab analysis.

Ontario Properties

Marvel Discovery’s Ontario properties include a variety of mineral deposits, including gold, nickel and PGEs. Many of the assets are in close proximity to existing known deposits and producing mines, indicating the potential of the company’s Ontario properties to become world-class mines.

  • Blackfly Gold Property: The Blackfly gold property comprises 64 unpatented mining claims totaling 1,296 hectares near the historical Atikokan gold camp in Ontario, Canada. The company has already completed phase 1 drilling, with assays up to 50.6 g/t gold. The property is located along and within the Marmion Lake fault zone, approximately 13.6 kilometers southwest along the strike of Agnico Eagle’s Hammond Reef gold deposit, which has an estimated 208 million tonnes grading 0.67 g/t gold containing 4.5 Moz of gold.
    • Assays from phase 1 drilling indicate high-grade gold throughout the property, with assays including:
      • Black Fly Northeast Zone: Drill hole BF21-19 intersected multiple gold domains, including 50.60 g/t gold over 0.50 m from 39.20 to 39.70 m and together with hole BF21-18, extends the Black Fly Northeast Zone by 130 m to the northeast.
      • Black Fly Main Zone: Drill hole BF21-13 intersected 1.06 g/t gold over 9.3 m from 14.30 to 27.70 m. Drill hole BF21-16 intersected 0.79 g/t gold over 7.70 m from 7.30 to 15 m. Drill hole BF21-14 intersected a broad mineralized zone with 18.20 m grading 0.21 g/t gold, including 1.74 g/t gold over 1 m.
      • Mosquito Zone: Drill hole BF21-15 intersected multiple gold domains, including 1.96 g/t gold over 0.30 m from 7.70 to 8 m, corresponding to the 2021 discovery of up to 52.50 g/t gold in a grab sample. Visible gold was noted in this drill hole at 7.70 to 8 m depth.
    • Initial work documented by D.K. Burke in 1941 reported two gold vein shoots to the north and south of the property. The southern shoot averaged 11.90 g/t gold over a thickness of 0.33 m along a strike of 21.60 m and the northern shoot averaged 13.44 g/t gold over 0.27 m within a 32-m strike length.
    • The project presents exciting exploration potential as a high-grade system that has never been drilled to depth. Marvel has the option to earn 100 percent in the project subject to cash and exploration conditions.
  • East Bull Property: In 2021, Marvel Discovery acquired a 100 percent interest on a property in the East Bull Lake Intrusive Complex contiguous to Grid Metals Corp. and Canadian Palladium East Bull Lake Palladium Projects east of Elliot Lake, Ontario.
    • The claim group consists of 15 mining claims totaling 5,352 hectares. Total magnetic intensity of regional OGS surveys indicate a northwest extension to the EBLI onto Marvel’s ground.
    • Drilling in the area by Grid Metals Corp returned intercepts of 77 m grading 0.80 g/t palladium equivalent in April 2021, and Canadian Palladium’s project hosts a compliant resource of 11.10 million tons grading 1.50 g/t palladium equivalent.
Blackfly Gold Property
  • Serpent River Pecors Project: The Serpent River project is located in Elliot Lake, Ontario, and hosts a 20-million-tonne uranium historical resource. This geological profile is consistent with high levels of chromium and nickel as well. With established mining companies nearby, the company is hopeful Serpent River will demonstrate similar high-quality mineralization and development opportunities.
    • Marvel has spent upwards of C$300,000 in versatile time domain electromagnetics (VTEM) surveying across the property’s 6-km-long and 3-kmwide anomaly. This unique Pecor anomaly is a strong regional magnetic high that has never been drilled at depth.
Serpent River Pecors Project

British Columbia - Wicheeda Project

The Wicheeda North project is a rare earth element property that spans 1,444 hectares of claims in the Cariboo mining division inBritish Columbia. The asset has seven known occurrences of nickel-copper-cobalt and one known occurrence of titanium-vanadium-chromium. The asset will be transferred to Power One after successfully listing on the TSXV.

  • Close Proximity to Producing Mines: The claim block adjoins the Defense Metals (TSXV:DEFN) Wicheeda rare earth mineral project, which hosts an indicated 4.9-million-tonne rare earth deposit in Prince George, British Columbia.
  • Assays Indicate Highly Prospective Property: Past exploration on the property includes airborne geophysical surveying from 2010, which successfully mapped Wicheeda’s magnetic and conductive geological properties across a 29.4-sq-km area. The property remains highly prospective for Marvel.
British Columbia - Wicheeda Project

Management Team

Karim Rayani - CEO Director

For the past 15 years, Karim Rayani has focused on financing domestic and international mineral exploration and development. Most recently, Rayani was head of Bloomberry Capital, a Vancouver-based merchant bank and capital advisory firm. Prior to this, he worked independently as a management consultant and financier. Rayani is currently chair of R7 Capital Ventures, director of Fiber Crowne Manufacturing and chair of District 1 Exploration. Rayani has developed an extensive network of contacts throughout North America and Europe, focusing on corporate development and finance.

Geoff Balderson - CFO

Geoff Balderson has more than 20 years of capital markets experience, having worked in public and private practice. Balderson is a senior officer and director of several TSXV-listed companies. He currently runs a private consulting practice, Harmony Corporate Services, providing corporate advisory, accounting, filing and secretarial services to many publicly traded companies. Before this, he was an investment advisor at Union Securities and Georgia Pacific Securities. Balderson is a University of British Columbia graduate in marketing and sales management.

Fraser Rieche - Director

Fraser Rieche has a bachelor of arts in economics and has 25 years of experience in international project management, logistics planning and corporate finance. Rieche has worked with resource-based industries and financial institutions worldwide. He has helped develop and finance mining projects in both North America and South America, along with energy, oil and gas, fisheries and forestry projects in many different areas of the world.

Diana Alvarez - Corporate Secretary, Directory

Diana Alvarez is a paralegal with 15 years of experience working in corporate and securities law. Having worked for some of the leading law firms in Vancouver, she is well versed in corporate compliance, governance and administration of publicly traded companies. Alvarez has spent her career focused on resource issuers and has a diploma in paralegal studies.

*Disclaimer: This profile is sponsored by Marvel Discovery ( TSXV:MARV ). This profile provides information which was sourced by the Investing News Network (INN) and approved by Marvel Discovery in order to help investors learn more about the company. Marvel Discovery is a client of INN. The company's campaign fees pay for INN to create and update this profile.

INN does not provide investment advice and the information on this profile should not be considered a recommendation to buy or sell any security. INN does not endorse or recommend the business, products, services or securities of any company profiled.

The information contained here is for information purposes only and is not to be construed as an offer or solicitation for the sale or purchase of securities. Readers should conduct their own research for all information publicly available concerning the company. Prior to making any investment decision, it is recommended that readers consult directly with Marvel Discovery and seek advice from a qualified investment advisor.

Marvel Discovery

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