MDF Global MDF Global
Apple’s iPhone boom highlights critical minerals powering smartphones•Presenting a united front for Queensland’s copper sector•Thailand seeks Myanmar mine access amid arsenic pollution•Egypt to set up state-backed company to license artisanal gold miners, free detainees•Brixton closes $7.4 million raise for Thorn, Langis projects•Heliostar banks record $78.7 million for Ana Paula push•Mining giants bet billions on 2030 supply crunch•Gunnison Copper reports Q3 output, revenue surge•Triumph Gold targets $15.46 million for Yukon push•African Rainbow Minerals faces a jobs dispute at Nkomati mine•Angola seeks 10% stake in De Beers under Anglo’s proposed exit•Gold price rebounds but heads for biggest weekly loss since June•Teck copper strike reaches BC port as operator sues union•Copper benchmark rocked by miner-smelter tug-of-war•Zimbabwe mining bill targets community, environmental safeguards•Mount Isa critical minerals hub secures Feasibility Study funding•Eramet initiates $814.5 million capital raise to reduce debt•Richemont backs natural gemstones, declines De Beers comment•‘Tis the season for administration as Comlek falls a second time•OceanaGold Philippines trials wireless blasting at Didipio mine Apple’s iPhone boom highlights critical minerals powering smartphones•Presenting a united front for Queensland’s copper sector•Thailand seeks Myanmar mine access amid arsenic pollution•Egypt to set up state-backed company to license artisanal gold miners, free detainees•Brixton closes $7.4 million raise for Thorn, Langis projects•Heliostar banks record $78.7 million for Ana Paula push•Mining giants bet billions on 2030 supply crunch•Gunnison Copper reports Q3 output, revenue surge•Triumph Gold targets $15.46 million for Yukon push•African Rainbow Minerals faces a jobs dispute at Nkomati mine•Angola seeks 10% stake in De Beers under Anglo’s proposed exit•Gold price rebounds but heads for biggest weekly loss since June•Teck copper strike reaches BC port as operator sues union•Copper benchmark rocked by miner-smelter tug-of-war•Zimbabwe mining bill targets community, environmental safeguards•Mount Isa critical minerals hub secures Feasibility Study funding•Eramet initiates $814.5 million capital raise to reduce debt•Richemont backs natural gemstones, declines De Beers comment•‘Tis the season for administration as Comlek falls a second time•OceanaGold Philippines trials wireless blasting at Didipio mine
Oklo Resources Mali

Marvel confirms new ‘higher-grade’ gold lode at Tabakorole, Mali

Marvel Gold Limited (ASX: MVL) has announced results from resource expansion drilling at its Tabakorole Gold Project in Mali, with results including a 17m @ 3.6g/t Au strike from surface.

The eight-hole for 1,296m diamond drill program targeted the north-west zone of the project, and also confirmed a new, shallow ‘higher-grade’ lode over at least 120m of strike and open along strike and at depth. Key results from the new lode include:

  • Hole 21TBKDD021: 24m @ 2.4g/t Au from 35m
  • Hole 21TBKDD020: 21m @ 1.5g/t Au from 26m (up dip of previously-reported intercept of 16m @ 2.0 g/t Au from 75m from hole 20TBKRC014)

Further resource definition drilling from the project’s north-west zone returned results including:

  • Hole TBKDD022: 14m @ 1.5g/t Au from 20m and 14m @ 1.0g/t Au from 41m
  • Hole 21TBKDD019: 12m @ 1.4g/t Au from 9m

The above results complete Marvels 2021 field season, leading into an updated mineral resource estimate due later this month.

“We are very excited by the final results from our 2021 drill campaign, which has confirmed the brownfields resource growth potential at Tabakorole”

Hunting for further mineralisation at Tabakorole

Recent exploration activity at Tabakorole has included 3,240m of diamond drilling targeting resource expansion in the north-west and central zones of the project.

Drill targets in the north-west zone were formulated from an earlier RC drill program that returned results of 16m @ 2.0g/t Au from 75m and 6m @ 5.8g/t Au from 61m.

The earlier program had indicated the possible presence of a high-grade parallel gold lode, which has subsequently been confirmed through the latest round of drilling.

Cross section displaying parallel lode outside of existing resource at Tabakorole
Cross section displaying parallel lode outside of existing resource at Tabakorole

Management comments

Managing Director, Phil Hoskins, commented: “We are very excited by the final results from our 2021 drill campaign, which has confirmed the brownfields resource growth potential at Tabakorole. Our 2020-21 resource expansion drill program has delivered strike extensions to the north-west and south-east, improved the grade in both the central and north-west zones and defined shallow, high-grade mineralisation outside of the existing resource. We believe that this will result in a meaningful increase to the Mineral Resource which is expected to be reported in September.”

Images: Marvel Gold Limited
Add to Watch List:
Written By Tristan Gray
Originally from Canada, Tris trained as a journalist but early in her career moved into marketing and advertising. Tris now spends her days managing the mining.com.au systems and processes while overseeing all company operations.