In the March quarter of 2022, Marvel Gold Limited focused on the exploration and growth of the Tabakorole Gold Project in Mali. Highlights included identifying a 600m gold target, increasing ownership interest in the Tabakorole project to 70%, and raising over $5.2 million through an entitlement offer. Post quarter, the company raised an additional $1.3 million from a shortfall offer. The company also amended its joint venture agreement with Altus Strategies plc, increasing Marvel's interest in the Tabakorole joint venture. Marvel also received promising results from multi-element soil geochemistry at the Kolondieba Gold Project. As of March 31, 2022, Marvel had cash of $5.06 million. Additionally, payments to related parties totaled $188,560, mainly consisting of executive and non-executive director remuneration.