Marvel Discovery Corp. (TSXV: MARV | Frankfurt: O4T | MARVF: OTCQB) has partly completed drilling operations on its Ni-Cu-Co (nickel-copper-cobalt) and Ti-V-Cr (titanium-vanadium-chromium) Duhamel property located in Quebec, Canada.
Last month, the company announced that crews were being mobilized, but due to warmer temperatures, an increase in water levels caused extreme flooding in nearby creeks and rivers, causing the company to pause drill operations before the Christmas season.
To date, three drill holes have been completed (813m done for a total of 1,200m), which are targeting numerous priority airborne and ground EM (electromagnetic) conductors within the Houliere block. Historical work within the property and surrounding areas have shown these conductors are the primary target horizons.
Within the first target area, one historical hole (drilled in 2000) within this 1km long by 400m wide target zone, intersected 0.64% Ni, 0.29% Cu and 0.06% Co over 4m (about 2.56m true width), which included 0.90% Ni, 0.40% Cu and 0.08% Co over 2.66m (1.71m true width), and also included 1.55% Ni, 0.31% Cu and 0.14% Co over 1m (0.64m true width) from hole 1279-00-01 (from 21m to 25m).
The first hole drilled, DU24-01, intersected a wide, 28.6m interval of disseminated mineralization from a hole depth of 67.8m to 96.8m, and within this are semi-massive stringers and massive sulphide zones ranging from widths of 15cm to 60cm.
The Duhamel property currently contains seven occurrences of Ni-Cu-Co sulphides and one Fe-Ti-V (iron-titanium-vanadium) iron oxide occurrence, discovered between 1997 and 2001 by previous operators that defined a 13km long mineralized rock corridor. Drill intercept highlights include 1.27% Ni, 0.33% Cu and 0.12% Co over 3m by Virginia Gold Mines in 2000, which contained massive sulphides. The recalculation of 100% sulphides gave 2.42% Ni over 0.5m (hole 1279-2001-29 gave 1.4% Ni over 0.5 m).
Compilation of historic assessment reports to date reveals more than 30 Ni-Cu-(Co) and four Fe-Ti-(V-Cr) mineral occurrences, which confirms this corridor to be highly prospective for new Ni-Cu-Co discoveries, as well as Fe-Ti-(Cr-V) discoveries.
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