Marvel Updates Shareholders on Power One Spin-Out, Reserves the Share Symbol "PWRO"
Marvel Updates Shareholders on Power One Spin-Out, Reserves the Share Symbol "PWRO"
Contact-style nickel-copper-plus-or-minus-platinum-group-element mineralization on the Project is supported by drilling in 2015 by Marvel. Hole P15-23 intersected 0.33 gram per tonne palladium plus platinum plus gold (g/t Pt-Pd-Au), 0.11% Cu and 0.04% Ni over 12 metres (m). This style of mineralization was intersected in gabbroic rocks within the Pecors anomaly. The Pecors anomaly is a strong regional magnetic high that extends for 18 kilometres (km) southeast-northwest and up to 4 km wide. The anomaly is located 15 km west of the East Bull intrusive suite, where recent drilling by Grid Metals Corp. (TSXV: GRDM) intersected 14.0 m of 1.2 g/t palladium equivalent (Pd_Eq) in hole EBL21-10 including a 1.0 m interval of 7.0 g/t Pd_Eq (see press release dated June 17, 2021). Canadian Palladium Resources Inc's (CSE: BULL) recent drilling results (see press release dated Sept. 22, 2021) reported a 19 m intersection grading 1.77 g/t Pd_Eq from its East Bull property. This result appears to be an extension to its NI 43-101 compliant inferred resource estimate of 11.1 million tonnes grading 1.46 g/t Pd_Eq 4 .VANCOUVER, BC / ACCESSWIRE / October 18, 2023 / Marvel Discovery Corp. (TSX-V:MARV)(Frankfurt:O4T)(MARVF:OTCQB); ( "Marvel " or the "Company" ) is pleased to report on the status of Power One Resources Corp., ("Power One"). Power One is a reporting issuer, formed by Marvel via a Plan of Arrangement in 2021 through the spin-out of Marvel's Wicheeda North and Serpent River properties. Power One has applied for listing on the TSX Venture Exchange ("TSXV").
溫哥華，BC/ACCESSWIRE/2023年10月18日/Marvel Discovery Corp.(多倫多證券交易所股票代碼：MARV)(法蘭克福：O4T)(MARVF：OTCQB)；(“漫威“或“公司”)很高興地報告Power One Resources Corp.(“Power One”)的狀況。Power One是一家報告發行商，由漫威在2021年通過安排計劃剝離漫威的Wicheeda North和Serpent River資產而成立。Power One已申請在多倫多證券交易所創業板(“多倫多證券交易所”)上市。
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.
Power One已收到TSXV的一般意見，要求對其上市申請草案進行某些更新。它已經獲得了審計師對其中期財務報表的審查，已經籌集了足夠的資金來開展蛇河地產的初步工作計劃，並保留了交易代碼。PWRO“，一旦上市申請獲接納，一般隨時準備在多倫多證券交易所上市。有關Power One的最新財務報表，請參閱SEDAR。
- 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.
- 漫威持有Power One的大量股權，約佔15%。
- 漫威和Power One是毗鄰無線電燃料能源公司S貝勒山礦藏的最大土地所有者。
- 漫威和Power One的Wicheeda專案毗鄰國防金屬公司的S(多倫多證券交易所股票代碼：DEFN)專案，該專案是加拿大最大的稀土專案之一，包括640萬噸實際礦產資源量平均2.86%(TREO)和2780萬噸指示礦產資源量平均1.02TREE(截止品位0.5%TREO)。1
- 漫威對Power One的兩個礦產資產都持有2%的NSR。Power One可以隨時以150萬美元的價格購買蛇河專案和Wicheeda專案每個NSR的50%，並在五年內分別以100萬美元的價格購買。
The Serpent River project (the "Project") is located 15 kilometres east of Elliot Lake, Ontario. Limited drilling by Rio Algom in 1974 at the Pecors East showing on the Project reported a non-National Instrument 43-101 compliant historic resource of 20 million tonnes (Mt) averaging 0.037% uranium 3 . Immediately west of the Serpent River Project is Pele Mountain's Eco Ridge uranium/rare earth element project which is now owned by Radio Fuels. 2 In July 2011, Pele Mountain announced the positive results of a preliminary economic assessment study outlining 34.6 Mt at grades of 0.040% U 3 O 8 and 1,455 parts per million TREO (total rare earth oxides) 3 .
《蛇河》該專案位於安大略省埃利奧特湖以東15公里處。1974年，裡約熱內盧阿爾戈姆在Pecors East進行的有限鑽探顯示，該專案報告了一個非國家儀器43-101相容的歷史資源量，2000萬噸(公噸)，平均含0.037%的鈾3.。緊鄰蛇河專案以西的是貝勒山的Eco Ridge鈾/稀土元素專案，該專案現在歸Radio Fuels所有。2.2011年7月，貝勒山宣佈了一項初步經濟評估研究的積極結果，該研究概述了34.6Mt的0.040%U級3.O8個個和1,455 ppm TREO(總稀土氧化物)3.。
Contact-style nickel-copper-plus-or-minus-platinum-group-element mineralization on the Project is supported by drilling in 2015 by Marvel. Hole P15-23 intersected 0.33 gram per tonne palladium plus platinum plus gold (g/t Pt-Pd-Au), 0.11% Cu and 0.04% Ni over 12 metres (m). This style of mineralization was intersected in gabbroic rocks within the Pecors anomaly. The Pecors anomaly is a strong regional magnetic high that extends for 18 kilometres (km) southeast-northwest and up to 4 km wide. The anomaly is located 15 km west of the East Bull intrusive suite, where recent drilling by Grid Metals Corp. (TSXV: GRDM) intersected 14.0 m of 1.2 g/t palladium equivalent (Pd_Eq) in hole EBL21-10 including a 1.0 m interval of 7.0 g/t Pd_Eq (see press release dated June 17, 2021). Canadian Palladium Resources Inc's (CSE: BULL) recent drilling results (see press release dated Sept. 22, 2021) reported a 19 m intersection grading 1.77 g/t Pd_Eq from its East Bull property. This result appears to be an extension to its NI 43-101 compliant inferred resource estimate of 11.1 million tonnes grading 1.46 g/t Pd_Eq 4 .
該專案的接觸式nickel-copper-plus-or-minus-platinum-group-element礦化得到了漫威2015年鑽探的支持。P15-23孔每噸0.33克鈀+鉑+金(g/t鉑-鈀-金)，0.11%銅和0.04%鎳12米(M)。這種類型的礦化與Pecors異常中的輝長巖相交。Pecors異常是一種強地區性磁高壓，向東南-西北方向延伸18公里，寬達4公里。異常位於East Bull侵入岩套以西15公里處，Grid Metals Corp.(多倫多證券交易所股票代碼：GRDM)最近的鑽探在EBL21-10孔與14.0米1.2克/噸鈀當量(Pd_Eq)相交，包括1.0米間隔7.0 g/t Pd_Eq(見2021年6月17日的新聞稿)。加拿大鈀資源公司(CSE：Bull)最近的鑽探結果(見日期為9月1日的新聞稿)。22,2021)報告了一個19米的十字路口，其東牛地產的PD_Eq等級為1.77 g/t。這一結果似乎是其符合NI 43-101的推斷資源估計的擴展，該估計為1110萬噸，分級為1.46 g/t Pd_Eq4.。
The Wicheeda property is located approximately 80 km northeast of the city of Prince George and approximately 50 km east of the community of Bear Lake, B.C. The property is readily accessible by all-weather gravel roads and is close to major infrastructure, including power transmission lines, railway, and major highways. Geologically, the project is situated in the Foreland belt and within the Rocky Mountain trench, a major continental geologic feature. The Foreland belt contains part of a large alkaline igneous province stretching from the Canadian Cordillera to the southwestern United States and hosts several carbonatite and alkaline complexes. These include the Aley (niobium), Rock Canyon rare earth element mineral and Wicheeda (REE) alkaline complexes which contain the high concentrations of REE's.
維切達的財產位於喬治王子城東北約80公里，不列顛哥倫比亞省熊湖社區以東約50公里處。全天候礫石路很容易到達，靠近主要基礎設施，包括輸電線路、鐵路和主要高速公路。從地質上講，該專案位於前陸帶和落磯山脈海溝內，落磯山脈海溝是主要的大陸地質特徵。前陸帶包括從加拿大科迪勒拉延伸到美國西南部的一個大型鹼性火成岩省的一部分，並擁有幾個碳酸鹽和鹼性雜巖。其中包括Aley(Nb)、Rock Canyon稀土元素礦物和Wicheeda(REE)鹼性雜巖，它們含有高濃度的稀土元素。
In 2010, an airborne geophysical survey was conducted by Aeroquest and soil geochemical sampling by Electric Metals on behalf of Marvel was completed over a portion of the Wicheeda claims. The airborne geophysical program consisted of 654-line km of AeroTEM helicopter-borne, time-domain electromagnetic, plus radiometric surveying flown at high-resolution 50-metre line spacing. The survey covered a 29.4-square-kilometre area and was successful in mapping the magnetic and conductive properties of the geology. Within the assessment report from 2010 (No. 32361), comments from key observations and notes from Intrepid Geophysics include: "The electromagnetic data suggests that there may be an unmapped fault in the centre of the block. The magnetic data shows a subtle feature in the centre of the block, slightly offset from the interpreted fault. It is recommended that the airborne survey be followed up by a geochemical survey and property-scale mapping."
2010年，AeroQuest進行了一次航空地球物理調查，並由Electric Metals代表Marvel完成了對Wicheeda主張的一部分進行土壤地球化學採樣。空中地球物理計劃包括654線公里的航空瞬變電磁直升機攜帶的時間域電磁，以及以高解析度50米線間距飛行的輻射測量。這項調查覆蓋了29.4平方公里的區域，成功地繪製了地質的磁性和導電性地圖。在2010年的評估報告(編號32361)中，來自Intreid地球物理的關鍵觀察和筆記的評論包括：“電磁數據表明，地塊中心可能存在一個未映射的斷層。地塊中心的磁性數據顯示出一個微妙的特徵，與解釋的斷層略有偏離。建議在航空調查之後進行化探調查和屬性比例尺繪圖。”
References
參考文獻
- Technical Report on the Eco Ridge Mine Project, Elliot Lake, Ontario, Canada for Pele Mountain Resources by Roscoe Postle Associates Ltd., effective date June 20, 2012.
- Technical Report and Initial Mineral Resource Estimate on the East Bull Platinum Group Metals Property, Gerow Township, Sudbury Mining Division, Ontario for 21C Metals Inc by PGE Mining Consultants Inc., effective date April 15, 2019.
- 關於加拿大安大略省埃利奧特湖Eco Ridge礦山專案的技術報告，由Roscoe Postle Associates Ltd.為貝勒山資源撰寫，生效日期為2012年6月20日。
- PGE礦業諮詢公司對安大略省薩德伯裡礦業事業部Gerow鎮East Bull白金集團金屬資產的21C Metals Inc.的技術報告和初步礦產資源估計，生效日期為2019年4月15日。
Qualified Person
有資格的人
The technical content of this news release has been reviewed and approved by Mike Kilbourne, P.Geo., who is a Qualified Person as defined by National Instrument 43-101, Standards of Disclosure for Mineral Projects. The QP has not completed sufficient work to verify the historic information on the additional acquired ground particularly regarding historical exploration, neighbouring companies, and government geological work.
本新聞稿的技術內容經國家儀器43-101《礦產專案資訊披露標準》認定的合格人員Mike·基爾伯恩審定。QP沒有完成足夠的工作來核實額外收購土地的歷史資訊，特別是關於歷史勘探、鄰近公司和政府地質工作的資訊。
About Marvel Discovery Corp.
漫威探索公司簡介
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:
漫威是一家總部位於加拿大的新興資源公司，在多倫多證券交易所創業板上市超過25年。該公司正在系統地探索其在以下方面的廣泛物業頭寸：
- 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)
- 紐芬蘭(斯普利普、甘德北、甘德南、維多利亞湖、貝弗特和霍普布魯克--Au前景)
- 安大略省阿提科坎(黑蠅-Au前景展望)
- 安大略省埃利奧特湖(東牛-鎳-銅-前列腺素E展望
- 魁北克(Duhamel-鎳銅鈷遠景及鈦、釩、鉻遠景
- 不列顛哥倫比亞省喬治王子(Wicheeda North-稀土元素展望)
The Company's website is:
該公司的網站是：
ON BEHALF OF THE BOARD
我代表董事會
Marvel Discovery Corp.
漫威發現公司。
"Karim Rayani"
《卡裡姆·雷亞尼》
Karim Rayani
卡裡姆·雷亞尼
President/Chief Executive Officer, Director
總裁/董事首席執行官
Tel: 604 716-1036 email: k@r7.capital
電話：604716-1036電子郵件：k@r7.Capital
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
本新聞稿中的某些陳述是前瞻性陳述，反映了管理層的期望。前瞻性陳述由非純粹的歷史性陳述組成，包括有關對未來的信念、計劃、預期或意圖的陳述。本新聞稿中的前瞻性陳述涉及除其他事項外：擬議安排的完成。未來的實際結果可能會有很大不同。不能保證這樣的陳述將被證明是準確的，實際結果和未來事件可能與此類陳述中預期的大不相同。不能保證關閉的任何條件都會得到滿足。前瞻性陳述反映了對陳述作出之日的信念、意見和預測，並基於一些假設和估計，儘管有關各方認為這些假設和估計是合理的，但這些假設和估計本身就會受到重大商業、經濟、競爭、政治和社會不確定性和或有事件的影響。讀者不應過分依賴本新聞稿中有關這些時刻的前瞻性陳述和資訊。除法律另有規定外，如果信念、意見、預測或其他因素髮生變化，公司不承擔任何更新前瞻性陳述的義務，除非法律另有要求
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release .
多倫多證券交易所及其監管服務提供商(該術語在多倫多證券交易所的政策中定義)均不對本新聞稿的充分性或準確性承擔責任。
SOURCE: Marvel Discovery Corp.
資料來源：漫威發現公司。
