Marvel Discovery Corp.

11/19/2024

UK Bans New Coal Mines, Focuses on Renewables While Highlighting Future Mining Needs

The UK has announced a historic ban on new coal mines, signaling a firm commitment to phasing out fossil fuels and embracing renewable energy. Energy Secretary Ed Miliband emphasized that this decision reflects the country’s shift toward clean energy sources and aligns with its goal of eliminating fossil fuel electricity generation by 2030.

However, as renewables like wind and solar take center stage, the demand for critical minerals—such as lithium, cobalt, and rare earth elements—used in clean energy technologies is set to rise. This will necessitate a strategic expansion of mining operations for these essential materials, balancing environmental commitments with the growing need for sustainable resource extraction.



Source: https://www.thetimes.com/uk/environment/article/britain-to-ban-all-new-coalmines-in-signal-to-the-world-l0b3b5cqf

11/05/2024

Cobalt’s Bright Future: Powering the Green Revolution
Exciting times ahead for cobalt as we look towards the end of 2024 and beyond!

Cobalt demand set to soar:
•Electric vehicle (EV) sales projected to hit 17 million units by year-end
•EVs now account for over 1 in 5 cars sold globally, a trend expected to accelerate

Future growth drivers:
•Expanding EV market in emerging economies
•Advancements in battery technology requiring high-performance materials
•Increasing focus on energy storage solutions for renewable power

Market analysts predict:
• Potential supply constraints could lead to price rebounds
•Long-term demand growth may outpace current production capacity

Stay tuned for updates on our progress and how we’re preparing to capitalize on the bright future of cobalt!

12/04/2023

News Release - Marvel Mobilizes Drill Crews to Duhamel Nickel Project

Marvel is pleased to report the company has retained the services of Magnor Exploration Inc of Saguenay to carry out 2023 drilling campaign on Ni-Cu-Co and Ti-V-Cr Duhamel property located 350 kilometres (km) north of Quebec City, QC.

Marvel has completed extensive work to date on the Duhamel project which includes flying the entire property with airborne TDEM and magnetic and compilations of all historical data as it prepares for an inaugural drilling campaign on the property. The Company intends to drill up to 15 holes totaling 2000 meters targeting both the Houliere and Duhamel Zones. The first phase will target the Houliere Zone, where nickel, copper and cobalt mineral occurrences have been identified which also included chrome, vanadium, and titanium mineralization.

11/28/2023

News Release - Marvel Closes First Tranche of Private Placement

Marvel is pleased to announce that it has closed the first tranche of its non-brokered private placement (the “First Tranche”) previously announced on November 17, 2023. In connection with the First Tranche, the Company raised total gross proceeds of $650,000 by issuing 12,000,000 flow-through units (the “FT Units”) and issuing 1,250,000 non flow-through units (the “NFT Units”).

Each FT Unit priced at $0.05 per FT Unit consisted of one flow-through share and one-half of one share purchase warrant; each whole warrant entitling the holder to purchase one non flow-through share at a price of $0.10 for a period of two years from the closing date.

Each NFT Unit priced at $0.04 per NFT Unit consisted of one non-flow through share and one share purchase warrant; each warrant entitling the holder to purchase one non flow-through share at a price of $0.075 for a period of five years from the closing date.

The gross proceeds from the sale of the FT Units will be used for exploration and development of the Company’s projects in Quebec. The gross proceeds from the sale of the NFT Units will be used for general working capital purposes. None of the proceeds from the sale of the NFT Units will be used for payments to non-arm’s length parties or persons conducting investor relations activities.

11/01/2023

I remember the day Karim Rayani called me up and said, “I’ve got a plan for Marvel Resources (MARV.V) and I said, “Cool, okay, I guess,” and he got a bit annoyed at me. I wasn’t taking him seriously because Marvel was tiny and there’s a lot of tiny mining explorers and as much as… Rea...

10/27/2023

Learn more about the Golden Brook Project on marveldiscovery.ca

10/25/2023

News Release - Marvel JV Partner Receives Assays at Golden Brook “Kraken” Project, Identifies Multiple Rare And Critical Element Anomalies.

Marvel and Falcon are pleased to announce the companies have received assay results from the late spring, early summer 2023 exploration program conducted over the Kraken project located in Southern Newfoundland. The project covers the central portion of the Golden Brook Property and is located approximately 150 kilometers south of Deer Lake. Samples from the first pass reconnaissance program have identified multiple anomalies from rock samples, including:

Samples from the first pass reconnaissance program have identified multiple anomalies from rock samples, including:

⛏Gold-Silver-Copper-Lead-Arsenic anomaly
⛏Multiple Tungsten and Molybdenite anomalies
⛏Multiple Critical and Rare Element anomalies including Beryllium, Cerium, Lanthanum, Lithium, Niobium, Tantalum, Vanadium and Zirconium

Link: https://marveldiscovery.ca/news/marvel-jv-partner-receives-assays-at-golden-brook-kraken-project-identifies-multiple-rare-and-critical-element-anomalies/

10/23/2023

The Costigan Lake Uranium project, which covers 5,518ha located on the eastern side of the Athabasca Basin. The acquisition enhances Marvel’s land portfolio of uranium holdings at Key Lake, which is adjacent to Cameco, F3 Uranium, Skyharbour, and Abasca Resources. This acquisition increases the Company’s footprint to 4 distinct projects covering over 23,130ha and is in line with Marvel’s aggressive approach to project generation and exploration. The company is utilizing the same innovative techniques that have led to some of the largest discoveries in the Athabasca Basin including radon surveys, ground geophysics, underwater spectrometer analysis, and airborne radiometric surveys.

Learn more on marveldiscovery.ca

10/19/2023

Marvel's CEO Karim Rayani discusses the company’s latest uranium project acquisition in the Athabasca Basin and the future of uranium exploration.

https://www.youtube.com/watch?v=YQ9vIThoi7c&t=26s

Marvel Discovery CEO and President Karim Rayani discusses his company’s latest uranium project acquisition in the Athabasca Basin and the future of uranium e...

10/18/2023

News Release - Marvel Updates Shareholders on Power One Spin-out, Reserves the Share Symbol “PWRO”

Power One has received general comments from the TSXV requesting certain updates to its draft Listing Application. It has obtained auditor reviews of its interim financial statements, has raised sufficient funds to undertake an initial work program on the Serpent River property, has reserved trading symbol “PWRO”, and generally stands ready to list on the TSXV once the Listing Application has been accepted. Please see SEDAR, for Power One’s most recent financial statements.

⛏Marvel holds a large equity stake in Power One, approximately 15%.
⛏Marvel and Power One are the largest landholders adjacent to Radio Fuels Energy Corp.’s (CSE: “CAKE”) Pele Mountain deposit.
⛏Marvel and Power One’s Wicheeda projects are adjacent to Defense Metals Corp.’s (TSXV: DEFN) project – One of the largest Rare Earth projects in Canada which comprises of 6.4 million tonne measured mineral resource averaging 2.86% (TREO), and 27.8 million tonne indicated mineral resource averaging 1.02 TRE, cut-off grade 0.5%TREO.1
⛏Marvel holds a 2% NSR on both of Power One’s mineral properties. Power One can purchase 50% of each NSR for the Serpent River project and the Wicheeda project for $1.5 million at any time and $1 million within a five-year period respectively.

News Release: https://marveldiscovery.ca/news/marvel-updates-shareholders-on-power-one-spin-out-reserves-the-share-symbol-pwro/

$MARV $PWRO

10/13/2023

Marvel has entered into an agreement to acquire the Costigan Lake Uranium project, which covers 5,518ha located on the eastern side of the Athabasca Basin.

Learn more on marveldiscovery.ca

10/12/2023

News Release - Marvel Acquires Costigan Lake Uranium Property, Athabasca Basin

Marvel is pleased to announce that the Company has entered into an agreement to acquire the Costigan Lake Uranium project, which covers 5,518ha located on the eastern side of the Athabasca Basin. The acquisition enhances Marvel’s land portfolio of uranium holdings at Key Lake, which is adjacent to Cameco, F3 Uranium, Skyharbour, and Abasca Resources. This acquisition increases the Company’s footprint to 4 distinct projects covering over 23,130ha and is in line with Marvel’s aggressive approach to project generation and exploration. The company is utilizing the same innovative techniques that have led to some of the largest discoveries in the Athabasca Basin including radon surveys, ground geophysics, underwater spectrometer analysis, and airborne radiometric surveys.

News Release: https://marveldiscovery.ca/news/marvel-acquires-costigan-lake-uranium-property-athabasca-basin/