Marvel Gold Limited (ASX:MVL; OTC:GRXMF) is an Australia-based gold exploration company focused on advanced projects in Tanzania. The company explores and develops gold resources, including the Hanang Gold Project in the Iramba-Sekenke Greenstone Belt covering 380 square kilometers with identified 3-kilometer gold anomalies and planned drone-borne magnetic surveys, ground-truth mapping, infill geochemistry, and initial drilling; it previously held interests in Mali projects such as Tabakorole (70-100% interest across 830 square kilometers), Yanfolila (80-100% interest across 200 square kilometers), and Kolondieba (80% interest across 200 square kilometers under an earn-in joint venture with Resolute Mining Limited). Incorporated in 2016 and headquartered at Level 1, 130 Hay Street, Subiaco, Western Australia, Marvel Gold targets underexplored gold-bearing regions in East Africa. In 2025, the company completed the acquisition of the Hanang Gold Project in Tanzania, expanding its landholding from 230 to 380 square kilometers following regulatory approvals; sold its Tabakorole and Yanfolila projects in Mali to Anchises Capital LLC for AUD$1.65 million (including an upfront AUD$150,000 exclusivity fee and AUD$1.5 million final payment), retaining only Kolondieba in that country before shifting focus to Tanzania; and disposed of its shareholding in Evolution Energy Minerals Limited while maintaining cash reserves of AUD$4.505 million as of September 30, 2025.