Business
Marvel Gold Limited - DRONE BORNE MAGNETIC SURVEY COMMENCES AT HANANG
Marvel Gold Limited - DRONE BORNE MAGNETIC SURVEY COMMENCES AT
About this update from Marvel Gold Ltd
Marvel Gold Limited (ASX: MVL) (Marvel or the Company) is pleased to announce the commencement of a high-resolution drone-borne magnetic survey across its extensive 380km2 tenement package at the Hanang Gold Project (Hanang or the Project) in North-central Tanzania . The program will comprise approximately 5,400-line kilometres of magnetic data acquisition, designed to significantly enhance Marvel's geological understanding of the mineralised belt encompassing the main Wandela-Bassotu shear zone and its splays. The data will provide detailed insights into the structural framework controlling gold mineralisation and assist in refining priority drill targets across multiple prospects. The program is being conducted by SkyPM Solutions Limited , a locally owned and operated Tanzanian geophysical contractor, aligning with Marvel's strong commitment to Local Content and capacity building within Tanzania's exploration and mining sector. Executive Director Tim Strong commented: 'We are very pleased to be working with SkyPM Solutions on what will be the most detailed magnetic dataset ever captured over this portion of the Iramba-Sekenke greenstone belt. The structural controls on mineralisation at Hanang are key to understanding the gold systems, and this survey will give us unprecedented resolution to target extensions and concealed zones of mineralisation. Importantly, engaging a local Tanzanian contractor reinforces our commitment to supporting in-country expertise and maximising local participation.' The high-resolution UAV (unmanned aerial vehicle) magnetic survey will be flown on tight line spacing and low altitude, providing exceptional data quality and coverage. Data processing and interpretation will be undertaken immediately upon completion, with results expected during Q4 2025 Contact: TIMOTHY STRONG Executive Director Tel: +61 8 9200 4960 Email: [email protected] Web: www.marvelgold.com.au About Marvel Gold Marvel Gold Limited is an Australian resources company listed on the Australian Securities Exchange under stock code MVL. Marvel recently acquired the Hanang Gold Project in Tanzania , located on the highly prospective Iramba-Sekenke Greenstone Belt of Tanzania . Marvel has an experienced board and management team with specific skills and extensive experience in exploration, project development and mining. (C) 2025 Electronic News Publishing, source ENP Newswire