Marvel Discovery Corp. announced that the Company has entered into an agreement to acquire the Costigan Lake Uranium project, which covers 5,518ha located on the eastern side of the Athabasca Basin. The acquisition enhances Marvel's land portfolio of uranium holdings at Key Lake, which is adjacent to Cameco, F3 Uranium, Skyharbour, and Abasca Resources.

This acquisition increases the Company's footprint to 4 distinct projects covering over 23,130ha and is in line with Marvel's aggressive approach to project generation and exploration. The company is utilizing the same innovative techniques that have led to some of the largest discoveries in the Athabasca Basin including radon surveys, ground geophysics, underwater spectrometer analysis, and airborne radiometric surveys. Costigan Lake Highlights: Strategically located 25km southwest of Cameco's Key Lake Mine and mill complex and is perfectly situated along the Wollaston-Mudjactic Transition Zone ("WMTZ"), which hosts the highest-grade uranium mines in the world.

Infrastructure: proximal to or within 8kms to the Highway 914 - a primary year-round maintained road servicing the operational Key Lake Mill. Prospective Geological Setting: within the "WMTZ" Zone - the same basement rocks that host all of the major uranium deposits on the east side of the Athabasca basin. On trend with some of the world's largest Uranium Mines: Key Lake, Cigar Lake and McArthur River.

Adjoins F3 Uranium's (TSXV:FUU) Hobo Project who just announced a $15 million investment from Denison Mines. Adjoins Abasca Resources Key Lake South Project, who just completed a 4,959 m drill program with 9 of the 11 holes intersecting anomalous uranium. Several high-merit exploration targets: over 16 km of subsurface conductors lying within a magnetic low within the "WMTZ".

Additional targets include anomalous radioactive boulder trains, first discovered in 1978 by Rainbow Oil Limited. The Property has limited systematic modern-day exploration, which presents blue sky potential.