Marvel Discovery kicks off 2021 exploration program at Blackfly gold project in Ontario

Marvel Discovery Corp (CVE:MARV) (OTCPINK:IMTFF) announced it had started exploration work on its Blackfly gold project in Ontario. The 2021 work program consists of trenching, line cutting and diamond drilling on the property, which is located in the Atikokan gold mining camp and nearly 14 kilometres along strike of Agnico Eagle’s Hammond Reef gold deposit. In a statement, Vancouver-based Marvel said that it had compiled all available historical data and remodeled the geophysical surveys, including Marvel's 2020 airborne magnetic survey on the property. READ: Marvel Discovery acquires new ground in palladium-rich region of Ontario The geophysical report offered a “new interpretation” of the structural geology of the project and directed the company's exploration team to several new gold mineralization targets, Marvel told investors. "We are excited to be commencing our activities on the Blackfly gold project,” CEO Karim Rayani said in a statement. "The property has a rich history dating back as early as 1898, geological mapping indicates alteration/mineralization for up to a 5 kilometre distance, grades at the historic shaft have been reported as high as 167 grams per ton gold. With the benefit of our recent airborne geophysical surveys plus the results of all earlier exploration programs, Marvel's exploration team will be zeroing in on the highest priority targets." The first 41 samples of Blackfly project field work have been delivered to the assay lab, the company said. Marvel is a junior resource company exploring for multiple commodities in several Canadian provinces. Contact Angela at angela@proactiveinvestors.com Follow her on Twitter @AHarmantas