June Quarterly Activities Report and Appendix 5B

Marvel Gold Limited has provided an update on its activities during the June quarter. Highlights include successful maiden RC drilling at the Lone Wolf Target at Tabakorole, yielding significant intercepts of gold mineralization. Additionally, auger drilling at Kolondieba confirmed strong bedrock gold anomalism in all tested targets. Results of multi-element soil sampling at Yanfolila outlined several strong targets with coincident gold and pathfinder anomalism. The company also reported a net loss of $2.76 million for the quarter and had cash of $3.32 million at the end of the period. Marvel does not expect to require further funding in the next two quarters.