Resolute is one of the 3 largest gold producers in Mali, along with Barrick and B2GOLD. The company, which currently only operates a gold mine in Mali, may see its chances increased with a possible gold discovery thanks to the new partnership with Marvel.
Resolute will invest $1 million over the next 24 months to earn a 50% interest in the Kolondieba gold project.
Resolute is the third largest gold producer in Mali. If its partnership with Marvel is successful, Kolondieba could become one of the company's next gold mines in Mali, contributing to the country's rising industrial gold production.