Gold explorer Marvel Gold has struck an earn-in and joint venture (JV) agreement with gold miner Resolute Mining over its Kolondieba gold project, in Mali.
Under the terms of the JV agreement, Resolute will make an up-front payment of $250 000 to Marvel and the gold miner could earn a 51% interest by sole-funding exploration expenditure of $750 000 at Kolondieba in the next 24 months.