Marvel Discovery Corp. reported the company has received its first drill permit on Duhamel Ni-Cu-Co and Ti-V-Cr property (the 'Property') located 350 kilometres (km) north of Quebec City, QC. Following the interpretation of the TDEM and magnetic airborne survey, Marvel increased its land position in the Saguenay-Lac-Saint-Jean Anorthosite Suite from 42 claims to 102 claims for a total of 5,300 hectares.

Marvel has completed extensive work to date on the Duhamel project which includes flying the entire property with airborne TDEM and magnetic and compilations of all historical data as it prepares for an inaugural drilling campaign on the property. The Company intends to drill up to 15 holes totaling 2000 meters targeting both the Houliere and Duhamel Zones. These Late-off time domain electromagnetic (TDEM) responses coincide well with the edges of magnetic highs, making them targets of high merit for massive sulphides.

The compilation efforts have shown precisely that all known massive to semi-massive sulphide occurrences occur within two of these trends. Beyond five (5) zones with same geophysical targets remain largely under unexplored. Geophysique TMC has been contracted to perform Low Frequency Time Domain Electromagnetic surveys over the highest priority target areas.

The numerical modeling of these results added of the historical data will be utilized in 2023 in real-time to plan the first drill-holes on this project.