Welcome to our dedicated page for Marvel Discovery news (Ticker: $MARVF), a resource for investors and traders seeking the latest updates and insights on Marvel Discovery stock.
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Marvel Discovery has acquired 100% of the Pecors West property, expanding its holdings near Elliot Lake to 6,157 hectares. The new property has three potential mineralization styles: PGM-Ni-Cu, uranium, and rare-earth oxides, aligning with regional geologies. Historical drilling indicates significant PGM and uranium finds, while Radio Fuels’ adjacent project holds substantial U3O8 and REO resources. The acquisition cost Marvel $50,000 in cash, 500,000 shares, and 500,000 share purchase warrants. Regulatory approval from the TSX Venture Exchange is pending. The acquisition aligns with Marvel's strategy to enhance its resource base in critical metals.