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Tanzania 101

Half Year Accounts

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Announcement summary

Half Year Accounts

In summary, the financial report of Marvel Gold Limited for the half-year ended 31 December 2020 shows a decrease in net loss. The company's main activities include gold exploration projects in South Mali. Marvel Gold Limited has entered into joint ventures with other companies to acquire exploration properties and has made significant progress in its Tabakorole Gold Project. The company has also restructured its loan notes and incurred various expenses related to exploration and evaluation activities. The Directors have presented the financial report, which has been reviewed by BDO Audit (WA) Pty Ltd, and they believe the company will continue as a going concern.

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