Canadian miner expands rare metal holdings

Photo: Marvel Discovery

Marvel Discovery has unveiled a joint venture agreement to expand its land position within the Rocky Mountain Rare Metal Belt, loca-ted in Canada’s British Columbia.


The miner holds the right to earn a 50 percent interest from a private com-pany, Eagle Bay Resources, upon completion of at least two drill holes. The 507-hectare claim block is located immediately adjacent to the west of the Wicheeda Project of Defense Metals, Marvel Discovery said in a statement.


Karim Rayani, the president and CEO of Marvel Discovery, said that his company is “very excited with the current developments coming out of the Wicheeda Camp. Marvel is in a great position now as we control a sizeable area of influence, and we look forward to working with our new partner Eagle Bay Resources to explore this new territory.”