Northwire Canada EditionSaturday, October 31, 2026
Sign inSubscribe
Northwire
⌕
Gold 3,898.90 −3.3% Silver 49.28 −5.9% Copper 6.48 −1.8% Oil 104.12 +2.1% Palladium 987.70 −1.7% HCH 1.25 −3.9% CRD 0.040 −20.0% ENEV 0.005 +0.0% MOON 5.23 −7.9% ORE 2.56 −4.8% ASE 0.620 −14.5% LKY 0.005 + SOI 0.165 −5.7% ECR 0.190 −5.0% OZ 0.240 −9.4% ELEC 0.110 +4.8% WHY 0.260 −3.7% PHD 0.030 −33.3% OMI 0.220 −10.2% EML 0.105 +0.0% TECT 1.37 −2.8% Gold 3,898.90 −3.3% Silver 49.28 −5.9% Copper 6.48 −1.8% Oil 104.12 +2.1% Palladium 987.70 −1.7% HCH 1.25 −3.9% CRD 0.040 −20.0% ENEV 0.005 +0.0% MOON 5.23 −7.9% ORE 2.56 −4.8% ASE 0.620 −14.5% LKY 0.005 + SOI 0.165 −5.7% ECR 0.190 −5.0% OZ 0.240 −9.4% ELEC 0.110 +4.8% WHY 0.260 −3.7% PHD 0.030 −33.3% OMI 0.220 −10.2% EML 0.105 +0.0% TECT 1.37 −2.8%
Drill Results

Avanti Gold appoints Cisse as CEO

By The Northwire Desk — AI Analysis Mar 17, 2026 · 20:48 AGC · 0.73 Avanti Gold Corp
AGC · Price

Executive Summary

  • Avanti Gold Corp. appoints Mohamed Cisse as Chief Executive Officer, effective March 16 2026 (formerly interim CEO since Dec 2025).
  • The exploration team, led by the new CEO, completed a multi‑site visit to Lubumbashi, Kalemie and Misisi, engaging local stakeholders and presenting the 2026 exploration budget.
  • Avanti outlines its 2026 drilling program for the Misisi project (≈42,000 m total), with Phase 1 (≈15,000 m) funded by a private placement closed Oct 23 2025 and Phase 2 (≈27,000 m) slated for late Q3 2026.

Key Details

  • CEO Appointment
  • Mohamed Cisse officially assumes the role of CEO on March 16 2026; served as interim CEO since Dec 2025.

  • Background: former Managing Director of Syama (Resolute Mining), prior senior roles at Randgold Resources; BSc Mining Engineering (University of Pretoria) and Executive MBA (London Business School).

  • Site Visit & Stakeholder Engagement

  • Travel during the last week of February 2026 to Lubumbashi → Kalemie → Misisi.
  • Meetings with MMG Ltd. general manager (Feb 23) to present the 2026 exploration budget for Misisi.
  • Multidisciplinary team (logistics, community relations, safety, geologists) conducted surveys on drilling pads (Feb 24).

  • Engagements with FARDC commander covering the 180‑km road corridor; discussions on security protocols and road escort arrangements.

  • Community Engagement Framework

  • Presentation of Avanti’s mission and development of a “terms of reference” for community engagement.

  • Objectives: transparent communication, address community concerns, mitigate social risk, build trust, ensure regulatory compliance.

  • Misisi Project – Resource Summary

  • Akyanga deposit (central Misisi) hosts NI 43‑101 inferred resource: 40.8 Mt @ 2.37 g/t Au = ~3.11 Moz gold (based on 19,956 m historic drilling).

  • Resource open at depth and along strike; defined to a $1,500/oz pit shell, vertical depth 350 m, strike length 2,100 m.

  • 2026 Drilling Program

  • Total planned drilling: ~42,000 m (diamond + reverse‑circulation).
  • Phase 1 – ≈15,000 m, start late Q1 2026; fully financed by private placement (closed Oct 23 2025). Focus on Akyanga footprint expansion and Akyanga East target testing; includes ground surveying, sampling, mapping at Ngalula, Tulonge, Lubitchako, Kilombwe.

  • Phase 2 – ≈27,000 m, start late Q3 2026; aims to extend resources at Akyanga and drill additional high‑priority targets.

  • Operational Milestones & Next Steps

  • Camp refurbishment at Misisi village to increase exploration capacity.
  • Ongoing road repairs on the 180‑km Kalemie–Misisi corridor (20 km identified for immediate work).
  • Mobilization of four drill rigs (Simba Drilling) from Mwanza; en route to Kigoma.

  • Development of community engagement terms of reference underway.

  • Assay Results

  • Historical sample preparation and assaying completed; results will be released in stages as they become available.

Notable Quotes

“Mohamed is a rare talent whose career across the DRC and Mali has been defined by excellence and integrity… His appointment as CEO reflects the board's complete confidence in his vision for Avanti.” – Sir Sam Jonah, Chairman, Avanti Gold

“I am honoured to engage with the communities of Misisi… Our commitment is clear: to listen, to engage openly and to ensure that our activities create meaningful opportunities for residents.” – Mohamed Cisse, CEO, Avanti Gold

Read the original news release →

More from Avanti Gold Corp

Jun 30, 2026 · 00:04

Strategic cross-border investment validates DRC asset, but dilution and execution risks in emerging jurisdiction remain.

M&A / Property Apr 23, 2026 · 03:01

Avanti Gold Commences 42,000m Drill Program at Misisi as Stock Consolidates Below Key Resistance

Drill Results Mar 02, 2026 · 03:01

Avanti Gold Reports Assay Results from Historical Drilling Highlighting High-Grade near Surface Mineralisation at the Akyanga Deposit Including 4.60 g/t over 12.7m

Drill Results Feb 17, 2026 · 15:05

Avanti Gold moving four drill rigs to Misisi

Drill Results Feb 17, 2026 · 06:01

Avanti Gold Announces Mobilisation of Drill Rigs to the Misisi Project in the DRC

Drill Results Jan 23, 2026 · 10:08

Avanti awaiting assay of Misisi historical drill core

Drill Results