Marvel JV Partner Files Drill Permits at Hope Brook Near Kraken Pegmatite Field

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[{"type":"text","content":"Marvel JV Partner Files Drill Permits at Hope Brook Near Kraken Pegmatite FieldVANCOUVER, BC / ACCESSWIRE / July 25, 2023 / Marvel Discovery Corp. (TSXV:MARV), (FRA:O4T), (OTCQB:MARVF); and Falcon Gold Corp. (TSXV:FG), (FRA:3FA), (OTCQB:FGLDF) together (the Alliance) are pleased to announce that Falcon Gold has applied for drill permits to carry out activities on their Golden Brook prospects within the Hope Brook Property in southern Newfoundland. Two permit applications have been submitted by Marvel's JV Partner, Falcon Gold, one for portable drilling across the property that will expand current prospecting permits and allow for portable drill-testing of targets across the entire property, and a second permit was submitted to diamond drill test prospects within the Kraken-Hydra trend, a trend represented by a 10km area of limited exploration between Benton-Sokoman's Kraken Li-Ta discoveries and the Hydra Cesium Discovery (see Sokoman's news release May 18, 2023).The portable drill permit application provides the opportunity to enhance the preliminary reconnaissance prospecting project completed in late spring and early summer, which identified the potential for pegmatites from the nearby Kraken pegmatite field to extend into the adjacent tenure held by Falcon. Though bedrock exposure in the area is limited, initial reconnaissance prospecting has resulted in the discovery of a new and previously unrecognized swarm of pegmatite and aplite dykes, and assay results from the sampling project are anticipated by early August. The diamond drill permit application includes 6 drill pad locations with 1,000 meters of drilling planned for 12 drill holes. The inaugural drill program will test for potential lithium, tantalum, and cesium-bearing pegmatites along the Kraken-Hydra trend. The Hope Brook Property covers a key central portion of the structural corridor along which the Kraken and Killick pegmatite dykes, Li-Ta soil anomalies, and Hydra Cesium Pegmatite Dyke have all been reported by Sokoman (see Sokoman's news release March 28, 2023). Marvel JV Partner, Falcon Gold, has applied for financial assistance for the Hope Brook project through Newfoundland's Junior Exploration Assistance (JEA) Program.Mr. Karim Rayani, Chief Executive Officer, commented, \"An extreme fire season in Nfld last summer coupled with helicopter availability sho...

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