VANCOUVER - Marvel Discovery Corp. (TSX-V: MARV) (FRA: O4T) (OTCQB: MARVF); ('Marvel' or the 'Company') is pleased to announce completion of an airborne fixed wing magnetic survey over the KLR and Walker Uranium Project ('the Property') in the Athabasca Basin.
McArthur River2, 70% owned by Cameco which hosts 392 million lbs of U3O8 at 6.58% U3O8
Wheeler Project3, 90% owned by Denison Mines which hosts 109 million lbs of U3O8 in two deposits averaging 11.23% U3O8
The Walker Creek claims straddle the Key Lake Fault Zone, an important corridor for structurally controlled Athabasca Basin type uranium deposits.
The airborne magnetic survey covered the former Walker Creek portion of the KLR Property which consists of 10,595 hectares. The survey covered 100m spacings in an east-west configuration for a total of 1,230 line-km. The purpose of the survey was to delineate and map subsurface features, identified in previous programs and which are associated with faulting, conductive lineaments, and radioactive occurrences. The Company has commissioned an interpretation of the survey, which will be integrated with historical datasets, with the intention of defining diamond drill targets.
The Walker portion of the KLR Uranium Project package is contiguous to Fission 3.0 Hobo Lake uranium properties. Hosted within WMTZ, the Walker Property lies along the Key Lake Shear Zone and hosts 10 uranium showings and multiple unexplored EM targets. Both properties are easily accessible by highway. In addition, the Company has already completed 32.3 line-km of ground magnetics survey on the Highway North claim blocks within the Key Lake ground.
'We are now moving fast. We have done an extensive amount of work preparing for our next phase of exploration with boots on the ground to define drill targets. We have multiple unexplored uranium occurrences on the property intimately related to structure, and as we know structure plays an extremely important key role in providing uranium mineralization pathways and traps. The corridor along the Key Lake Shear Zone represents a tremendous opportunity in mimicking the success of basement-hosted uranium deposits found on the western side of the Athabasca Basin like NexGen Energy's Arrow Deposit. We look forward to mobilizing crews shortly once datasets have been analyzed.' stated Karim Rayani, President & Chief Executive Officer, Director.
Regional Geology and Mineralization
In Saskatchewan, uranium deposits have been discovered at, above, and up to 300m below, the Athabasca Group unconformity within basement rocks. Mineralization can occur hundreds of meters into the basement or can be up to 100m above, in Athabasca Group sandstone. Typically, uranium is present as uraninite/pitchblende that occurs as veins and semi-massive to massive replacement bodies. Mineralization is also spatially associated with steeply-dipping, graphitic basement structures and may have been remobilized during successive structural reactivation events. Such structures can be important fluid pathways as well as structural or chemical traps for mineralization as reactivation events have likely introduced further uranium into mineralized zones and provided a means for remobilization
About Marvel Discovery Corp.
Marvel, listed on the TSX Venture Exchange for over 25 years, is a Canadian based emerging resource company. The Company is systematically exploring its extensive property positions in: Newfoundland (Slip, Gander North, Gander South, Victoria Lake, Baie Verte, and Hope Brook - Au Prospects)
Atikokan, Ontario (BlackFly - Au Prospect)
Elliot Lake, Ontario (East Bull - Ni-Cu-PGE Prospect)
Quebec (Duhamel -Ni-Cu-Co prospect & Titanium, Vanadium, and Chromium Prospect)
Prince George, British Columbia (Wicheeda North - Rare Earth Elements Prospect)
Contact:
Karim Rayani
Tel: 604 716 0551
Email: k@r7.capital
Disclaimer for Forward-Looking Information
Certain statements in this release 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. There is no assurance any of the conditions for closing will be met. 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
MARVEL DISCOVERY CORP. 
