Marvel Gold Hanang Project Reveals Multiple High-Priority Drill Targets

Marvel Gold Unlocks Major Discovery Potential at Hanang with Game-Changing Geophysical Survey

Marvel Gold Limited (ASX: MVL) has delivered a significant breakthrough at its Hanang Gold Project in Tanzania, with comprehensive drone magnetic survey results revealing multiple high-priority drill targets across an expanded 380km² exploration area. The geophysical programme has not only confirmed the extension of known mineralisation but has also identified an entirely new structural corridor – the Phoenix Trend – positioning Marvel for an aggressive 10,000-metre RC drilling campaign set to commence in April 2026.

The completion of this extensive 5,389 line-kilometre drone-borne magnetic survey represents a major milestone for Marvel, providing the geological framework needed to unlock the full potential of what appears to be a much larger gold system than previously understood. With drill-ready targets now defined and contractor tender processes underway, Marvel is positioned to deliver sustained exploration news flow through 2026.

Geophysical Survey Delivers Multiple High-Priority Targets

Marvel's systematic approach to exploration has paid dividends, with the comprehensive magnetic survey revealing structural complexities that significantly expand the project's exploration potential. The Marvel Gold Hanang Project now features multiple distinct target areas, each with compelling geological and geochemical signatures supporting gold mineralisation potential.

Key Target Areas Identified

• New York Extension: Previously known 1km strike length now expanded to 3km within a 'stacked' quartz vein system
• Phoenix Trend: Newly discovered northeastern structural corridor featuring three sets of east-west trending fault zones
• Winston Extension & Sophia Areas: High-priority targets combining strong geophysical and geochemical signatures

The survey utilised state-of-the-art drone technology operated by 100% Tanzanian-owned SkyPM Solutions, ensuring full compliance with local content requirements whilst delivering exceptional data quality. The 75-metre line spacing and 35-metre mean altitude provided the resolution needed to map complex structural features that were previously masked by surface geology.

Understanding Structural Geology: Why Fault Systems Matter for Gold Exploration

For investors new to gold exploration, understanding structural geology is crucial to appreciating Marvel's discovery. Fault zones and shear systems are essentially fractures in the Earth's crust where rocks have been displaced due to tectonic forces. These structures are critical for gold mineralisation because they:

• Create pathways for gold-bearing fluids to move through rock
• Provide trap sites where gold precipitates and concentrates
• Generate repeated reactivation allowing multiple mineralisation events

The Phoenix Trend's "sinistral offset" indicates left-lateral movement along the fault zone – a structural signature commonly associated with significant gold deposits in similar geological settings across Tanzania's prolific Iramba-Sekenke Greenstone Belt.

Why This Matters for Marvel Gold Hanang Project

Marvel has identified not just one, but multiple interconnected structural systems across its 380km² land package, suggesting the potential for a district-scale gold camp rather than isolated deposits. The New York prospect exemplifies this potential, where what appeared to be a simple 1km strike has been revealed as part of a much larger 3km stacked quartz vein system within a heavily deformed geological corridor.

The company describes the New York area as featuring "a large fold system that has been sheared and re-folded several times" – geological language indicating multiple episodes of deformation that can concentrate gold mineralisation over extensive periods. In addition, this structural complexity suggests the Marvel Gold Hanang Project has the potential to host multiple mineralisation styles within a single system.