Quarterly Report and Appendix 5B

Marvel Gold Limited (ASX: MVL) provided its Quarterly Activities report for the September Quarter, focusing on exploration at the Tabakorole Gold Project in Mali and strategic acquisitions. Highlights include a maiden JORC Mineral Resource estimate at Tabakorole of 910,000 ounces of gold, successful drilling results at Tabakorole, and an agreement with Oklo Resources Limited to acquire three South Mali gold projects. The Company also commenced drilling at the Lakanfla Gold Project. Cash and cash equivalents at the end of the quarter were $3.2 million. The Company's financing facilities were unused. Estimated quarters of funding available were 2.