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Tanzania 101

Tabakorole Mineral Resource grows to 910koz at 1.2 g/t gold

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Tabakorole Mineral Resource grows to 910koz at 1.2 g/t gold

Based on the detailed explanation provided in the JORC Code explanation of the resource estimate for the Tabakorole Gold Project, Marvel Gold Limited has utilized appropriate data collection methods, robust estimation techniques, and strong geological interpretations to generate the Mineral Resource estimate. The estimation techniques, including Multiple Indicator Kriging, interpolation parameters, and domain coding, have been thoroughly explained. The assumptions made for the estimation process, selective mining units, and grade cutting have been clearly outlined. The Mineral Resource estimate for the Tabakorole Project reflects an Indicated and Inferred Resource classification based on the confidence in the geological interpretation, continuity of mineralization, and reliability of data used. The relative accuracy and confidence level of the estimate have been rigorously assessed, providing a comprehensive and reliable assessment of the Mineral Resource. Although further work is planned for the future, the current Resource estimate is of high quality and aligns with the guidelines set out by the JORC Code.

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