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Marvel Discovery Corp V.MARV

Alternate Symbol(s):  MARVF

Marvel Discovery Corp. is a Canada-based emerging resource company. The Company is exploring its extensive property positions in Newfoundland (Slip, Gander North, Gander South, Victoria Lake, Baie Verte, and Hope Brook-gold (Au) prospects); Atikokan, Ontario (BlackFly-Au Prospect); Elliot Lake, Ontario (East Bull-nickel-copper-platinum group element (Ni-Cu-PGE) Prospect); Quebec (Duhamel-nickel-copper-cobalt (Ni-Cu-Co) prospect & Titanium, Vanadium, and Chromium Prospect), and Prince George, British Columbia (Wicheeda North - Rare Earth Elements Prospect). The Company's Duhamel project is located between Chutes-des-Passes and Pipmuacan Reservoir deformation zones (or areas) included in the central part of the Proterozoic Grenville geological province. Its Black Fly Property is located in the developing Atikokan gold mining camp along and within the Marmion Lake Fault Zone, approximately 13.6 kilometers southwest along strike of Agnico Eagle’s Hammond Reef Gold Deposit.


TSXV:MARV - Post by User

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Post by jetstreamon Apr 09, 2015 10:35am
102 Views
Post# 23612770

news

news

2015-04-09 10:29 ET - News Release

 

Mr. Gary Musil reports

IMT NR. MONTORO PECORS DRILLING PUSHES THROUGH 900 MTRS.

International Montoro Resources Inc. has provided the following update.

Pecors drilling update

The company has been informed by Don Hawke, PGeo, consulting geologist, that Orbit Garant Drilling Services Inc. of Val d'Or, Que., is advancing ahead of schedule. Pecors hole No. 1 was reported to be at a depth of 909 metres as of 7 p.m. EST on Wednesday, April 8.

Since last reported on April 3, the drilling proceeded through the Matinenda formation and into the Thessalon formation basalts at 548 m. The company then entered a gabbro unit at approximately 600 m, the rock type which could host potential nickel, copper and platinum group element mineralization. During the logging from the 600 m depth through to the current level; disseminated pyrite, chalcopyrite and pyrrhotite mineralizaton was noted in the gabbro. The company is very encouraged with this visible sulphide mineralizaton and is expecting to continue drilling through to 1,200 metres. The drilling contractor will leave for a week after finishing hole No. 1, which will allow time for the company's geologist to finish core logging and begin cutting and sampling drill core to be sent for assaying. The second drill hole is already being planned, and will commence immediately upon return of the drilling contractor.

The above information has been reviewed and approved by Don Hawke, MSc, PGeo, consulting geologist and a qualified person as defined in NI 43-101.

Pecors site visit

Gary Musil, chief executive officer/president recently travelled to Elliot Lake on Tuesday, April 7. On Wednesday, April 8, Mr. Musil, accompanied by Mr. Hawke, PGeo, Gregory J. Campbell, MSc (technical advisory board member) and Orbit Garant's drilling foreman visited the Pecors drill site by Heli Explore Inc.'s helicopter and reviewed the site set-up and drilling in progress. New photos will be posted to the website in the next few days marking this occasion.

TSX -- the View from the C-Suite

On route to Sudbury and Elliot Lake, on Monday, April 6, Mr. Musil was pleased to be invited to participate in a new TSX complimentary initiative which it has launched. The CEO video interview conducted in Toronto at the Exchange Tower can be seen on YouTube and will be posted on the company's website and at the TSMX Money Website. The interviews provide information about companies, and objectives they aim to achieve, or have achieved.

We seek Safe Harbor.

© 2015 Canjex Publishing Ltd. All rights reserved.


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