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Marvel Discovery acquires new ground in palladium-rich region of Ontario
The company has added 15 mining claims totaling just over 5,300 hectares known as the East Bull Lake Intrusive Complex
East Bull Lake is part of the palladium-rich mafic intrusive East Bull Suite
Marvel Discovery Corp (CVE:MARV) (OTCPINK:IMTFF) announced that it has acquired a 100% interest in an Ontario property with proven palladium potential.
The company said it has added 15 mining claims totaling just over 5,300 hectares known as the East Bull Lake Intrusive Complex, located near Elliot Lake, Ontario.
East Bull Lake is part of the palladium-rich mafic intrusive East Bull Suite, which is home to the New Age Metals River Valley deposit that hosts measured and indicated resources of 99 million tons of 0.9 grams per ton (g/t) palladium equivalent and an additional inferred resource of 53 million tons grading 0.6 g/t palladium equivalent.