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Marvel Gold Ltd. ( (AU:MVL) ) has shared an update.
Marvel Gold has identified five high-priority structural targets at its Hanang Gold Project in Tanzania from initial results of a 5,389 line-kilometre drone-borne magnetic survey, covering less than 20% of the licence area and correlating strongly with recent soil sampling. The survey has confirmed a geological setting conducive to significant gold mineralisation, particularly along the Wandela-Basuto shear corridor and associated shear-related plugs and fold hinges, prompting Marvel to accelerate exploration plans with a maiden drilling program scheduled to begin in February 2026, which could materially advance understanding of Hanang’s resource potential and enhance the company’s exploration profile in the region.
The most recent analyst rating on (AU:MVL) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Marvel Gold Ltd. stock, see the AU:MVL Stock Forecast page.
More about Marvel Gold Ltd.
Marvel Gold Limited (ASX: MVL) is an Australian-listed gold exploration company focused on advancing its 100%-owned Hanang Gold Project in Tanzania’s Singida Region through modern geophysical surveying and systematic drilling to delineate potentially significant gold mineralisation.
Average Trading Volume: 1,763,448
Technical Sentiment Signal: Hold
Current Market Cap: A$28.39M
Learn more about MVL stock on TipRanks’ Stock Analysis page.