Early-Stage Hanang Gold Project Faces Uncertainty Ahead of Drilling
Marvel Gold Limited has identified significant gold soil anomalies over a 3-kilometre stretch at its Hanang Gold Project in Tanzania, setting the stage for a maiden drilling campaign following a planned drone-borne magnetic survey.
- 3,367 soil samples confirm strong gold anomalies along major shear zones
- Largest anomaly spans over 3 kilometres at Sophia target
- Highest assay exceeds 2 g/t gold at New York target
- 380 km² drone-borne magnetic survey to commence by end of September
- Project held 100% by Marvel’s Tanzanian subsidiary, Cobra Resources
Exploration Breakthrough at Hanang
Marvel Gold Limited (ASX, MVL) has announced compelling results from its soil geochemistry program at the Hanang Gold Project in Tanzania, revealing several coherent gold anomalies clustered along key structural shear zones. The standout discovery is a gold anomaly extending over 3 kilometres at the Sophia target, which aligns with the regional east-west Wandela-Bassotu shear zone, a structure believed to control mineralisation in the region.
The soil sampling campaign, which comprised 3,367 samples collected during 2023 and 2024 by the project’s previous owners, was recently assayed using advanced PhotonAssay technology. This modern technique allowed for high-precision detection of gold concentrations, confirming historical data and identifying new zones of interest. Notably, a sample from the New York target returned a high-grade assay exceeding 2 grams per tonne, underscoring the prospectivity of the area.
Strategic Geophysical Survey to Refine Targets
To complement the soil geochemistry data, Marvel Gold has completed a tender for a drone-borne magnetic survey covering 380 square kilometres, scheduled to begin by the end of September 2025. This survey aims to provide detailed subsurface magnetic data that, when integrated with soil results, will sharpen the focus on prospective drill targets. The combination of these datasets is expected to enhance the precision of Marvel’s maiden drilling campaign at Hanang.
Executive Director Timothy Strong highlighted the significance of these findings, stating that the soil results confirm the strong potential for significant gold mineralisation on the Hanang licences. He emphasized that the alignment of anomalies with regional shear zones and fold structures is encouraging and typical of orogenic gold deposits found in the Lake Victoria Gold Fields.
Project Ownership and Next Steps
The Hanang Gold Project is wholly owned by Marvel’s Tanzanian subsidiary, Cobra Resources Limited, which Marvel acquired in March 2025. The licences cover a highly prospective greenstone belt and are due for renewal in December 2025. With no known impediments to operation, Marvel is well positioned to advance exploration activities.
Following the magnetic survey, the company plans to undertake detailed mapping and closer-spaced sampling, particularly at the New York target, where artisanal mining activity indicates near-surface mineralisation. The integration of geochemical and geophysical data will guide the upcoming drill program, which is poised to test the depth and extent of the identified anomalies.
Marvel Gold’s methodical approach, combining historical data verification with cutting-edge assay and geophysical techniques, reflects a disciplined exploration strategy aimed at unlocking value in this underexplored region.
Bottom Line?
As Marvel Gold prepares to drill, the Hanang Project’s evolving story could reshape Tanzania’s gold exploration landscape.
Questions in the middle?
- Will the upcoming drone-borne magnetic survey confirm structural controls that enhance drill targeting?
- How extensive and economically viable is the mineralisation beneath the identified soil anomalies?
- What timeline and budget has Marvel set for its maiden drilling campaign and subsequent resource evaluation?
