Newfoundland - Marvel Discovery Corp.

MARVEL IS POSITIONING ITSELF AS ONE OF THE TOP LANDHOLDERS IN THE CENTRAL NEWFOUNDLAND GOLD BELT

TSX.V: MARV OTCQB: MARVF

Newfoundland Marvel Properties
Marvel is a Canadian based mining and exploration company focused on gold, copper, rare earth elements, nickel, and battery metals.
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NEWFOUNDLAND CLAIMS MAP

Why Newfoundland? Experts are increasingly noting similarities in geological setting and character of Newfoundland mineralization to that of both the Abitibi Greenstone Belt (AGB) of Ontario and Quebec, and the Bendigo-Fosterville goldfields in Australia. Since the early 1900s, the AGB has produced over 180 million ounces of gold and 15 billion tonnes of copper (+silver and zinc and other base metals).

A month ago, NFG (NEWFOUNDGOLD) shocked the world yet again with one of North America’s best gold assays of the century: 25.6 m @146.2 g/t gold = 3,743 gram-meters. That 3,743 figure is more than Great Bear Resources’ seven best holes combined. NFG’s Enterprise Value (EV) {market cap + debt – cash} has soared to ~$1.8 billion! (pre-maiden resource estimate).

Other significant Newfoundland juniors include Marathon Gold, Anaconda Mining, Sokoman Minerals, Exploits Discovery, Labrador Gold, Maritime Resources, Matador Mining and Sassy Resources. Marathon has a strong 5 Moz project entering production in 2023. Anaconda is in production (~18,000 oz/yr) at one of its three projects. Matador has a growing 1 Moz deposit and a preliminary economic assessment (PEA). Labrador Gold, Exploits and Sokoman already have high-grade discoveries under their belts, (but they’re still pre-maiden resource)—with an average EV of ~$163 million.

Ambitious goal to triple in size to ~100,000 hectares this summer.

CEO Karim Rayani stated that the company plans to grow its portfolio in Newfoundland from ~28,000 to as many as 100,000 hectares this summer. That would make Marvel a top-10 precious metal claims holder in the province.

The (potentially) high-grade Blackfly gold project in Ontario could be another company maker.

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1,296 hectare Blackfly Gold project in Ontario (~14 km southwest of Agnico’s Eagle’s 5.6 million ounce Hammond Reef project). Diamond drilling of 16 holes is expected to start next month. Historical intervals included 1.1 meters @ 15 g/t gold and 2.0 meters @ 11 g/t gold.

Earlier in June, assays from 78 surface samples at Blackfly were reported. Four graded >10 g/t gold, the highest was 24.3 g/t. These select samples (not necessarily representative of the entire deposit) included some visible gold, indicating the potential for both vein-hosted and broad disseminated/stringer mineralization. Assays on another 180 samples will be released in coming weeks.

Grab samples at the historical shaft area included grades of 85.6 and 167 g/t gold.

Blackfly's drill program coming soon (2021)

This year’s exploration program follows up on last year’s compilation of historical info and high-resolution airborne magnetics/time-domain EM data collection. Geological mapping indicates alteration/mineralization for up to 5 km.

BlackFly Properties Marvel Discovery Corp 1

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Certain statements in this website are forward-looking statements which reflect the expectations of management. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Forward-looking statements in this press release relate to, among other things: completion of the proposed Arrangement. Actual future results may differ materially. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements reflect the beliefs, opinions and projections on the date the statements are made and are based upon a number of assumptions and estimates that, while considered reasonable by the respective parties, are inherently subject to significant business, economic, competitive, political and social uncertainties and contingencies. Readers should not place undue reliance on the forward-looking statements and information contained in this news release concerning these times. Except as required by law, the Company does not assume any obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as required by law.