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Why Is Marvel Gold Selling Its Mali Project for Just US$1.94 Million?

9:30am on Wednesday 17th of December, 2025 AEDT Mining
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Why Is Marvel Gold Selling Its Mali Project for Just US$1.94 Million?

9:30am on Wednesday 17th of December, 2025 AEDT
Key Points
  • Binding MOU signed with Askiya Mineral Resources for Yanfolila sale
  • Total consideration up to US$1.94 million with staged milestone payments
  • Sale contingent on renewal and transfer of mining tenements in Mali
  • Marvel to focus on Hanang Gold Project in Tanzania post-divestment
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