A partner of the Marvel-Jv-Project has just revealed news regarding assay results at the Golden Brook Moose Mountain project located in the Northwest Territories of Canada. The results reveal the presence of lithium and multiple rare-earth element anomalies.
The partners of the project, Marvel Exploration Inc. and JVX Ltd. have both expressed excitement at the results, especially with the ever-increasing demand for rare-earth elements. The results also reveal a highly anomalous cobalt response in select zones, with values ranging from less than 100 parts per million up to a high of approximately 2500 parts per million.
The Golden Brook Project is an advanced-stage exploration project located in the Northwest Territories of Canada, and covers a total area of approximately 2,175 hectares. Marvel and JVX have been working on the project since 2015, and have identified an infrastructure advantage, with the existing all-weather road offering access year-round. The partners have also identified an abundance of outcropping rocks, with the vast majority being felsic volcanic rocks.
The current exploration program is thought to be the first to ever assay the cobalt response in the area. The partners plan to follow-up the recent anomalous results with drilling and further evaluation work.
The recent discoveries of lithium and multiple rare-earth elements are an exciting development for the Marvel-Jv-Project, and a sign that the project has potential to be world-class. It is expected that further exploration will be conducted in the near future.