Acquisition expands Marvel's footprint in western Mali

ACME, an ASX listed company, has announced the signing of a binding option agreement with Société Minière et Commerciale (SOMICO) to acquire the Sakaar Exploration Permit in western Mali. The acquisition of Sakaar strengthens ACME's position as a gold explorer focused on Mali. The strategic location of Sakaar, situated near ACME's Lakanfla project and the Sadiola Gold Mine, provides exploration synergies and potential economic significance for ACME shareholders. Under the option agreement, ACME can earn an 80% interest in Sakaar through a three-stage exploration arrangement, including drilling requirements and completion of a Pre-Feasibility Study. ACME has already commenced the necessary geological mapping and soil geochemistry for Stage 1.