Northwire Canada EditionSaturday, August 1, 2026
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S 0.140 +0.0% BNKR 4.40 −2.2% QRO 0.045 +0.0% VCT 0.075 +36.4% PPP 1.15 +0.9% LMG 0.390 +0.0% GRDM 0.140 +0.0% ABRA 13.58 −4.1% WHY 0.295 +1.7% HHH 3.94 −0.2% COS 0.060 +0.0% NOB 0.065 −23.5% MEK 0.055 +0.0% TGOL 0.105 −4.5% FCI 0.400 −7.0% SGQ 0.350 +0.0% S 0.140 +0.0% BNKR 4.40 −2.2% QRO 0.045 +0.0% VCT 0.075 +36.4% PPP 1.15 +0.9% LMG 0.390 +0.0% GRDM 0.140 +0.0% ABRA 13.58 −4.1% WHY 0.295 +1.7% HHH 3.94 −0.2% COS 0.060 +0.0% NOB 0.065 −23.5% MEK 0.055 +0.0% TGOL 0.105 −4.5% FCI 0.400 −7.0% SGQ 0.350 +0.0%
Production / Operations

Avanti Gold Corp. Unlocks 2,100 Meters of Untested Core with Potential to Upgrade 3.1 Moz Mineral Resource at Misisi

AGC · Price

Executive Summary

  • Avanti Gold Corp. is finalizing permits and logistics to transport 2,100 meters of historical diamond drill core from the Misisi Gold Project in the DRC to an independent laboratory for assay.
  • These unassayed samples, drilled by a previous operator, targeted the northwest extension and high-grade southern zones of the Akyanga deposit and are not included in the current 3.1 million ounce Inferred Mineral Resource estimate.
  • The Company expects the assay results to potentially upgrade resource categories, confirm high-grade continuity, and refine mine planning scenarios, with results to be announced in stages.

Key Details

  • Drill Core Details: 2,100 meters of diamond drill core are being prepared for transport.
  • Target Areas: The drilling specifically targeted the northwest extension and the high-grade southern zones of the Akyanga deposit.
  • Strategic Impact:
    • Potential to upgrade a portion of the existing Inferred Mineral Resource to the Indicated category.
    • Potential to confirm continuity of high-grade mineralization along strike and down dip in the southern portion of Akyanga.
    • Data will be used to refine future pit shell and mine planning scenarios.
  • Current Resource Context: The Misisi Project hosts the Akyanga deposit with an Inferred Mineral Resource of 41 million tonnes at 2.37 g/t gold, totaling 3.1 million ounces.
  • Project Scope: The project covers 133 square km across three contiguous 30-year mining leases along the 55 km-long Kibara Gold Belt. Over US$30 million has been invested to date, including 20,000 m of drilling.
  • RSU Grant: The Company granted 12,442,000 Restricted Share Units (RSUs) to directors, officers, and consultants under its Omnibus Equity Incentive Plan. Each RSU entitles the holder to one common share or equivalent cash value upon vesting.
  • Marketing Agreement: The Company entered into a 12-month digital marketing services agreement with Machai Capital Inc., effective September 11, 2025.
    • Cost: $25,000 plus GST for the initial term, with an option to increase by another $25,000 plus GST for an expanded program.
    • Services: Branding, content creation, data optimization, search engine marketing, and digital/social media initiatives.

Notable Quotes

  • "By completing the preparation, transport, and assaying of these samples, Avanti is effectively unlocking a significant amount of historical drilling work that has already been funded, providing a low-cost, high-impact opportunity to potentially enhance the size and quality of the Misisi resource base."
Read the original news release →

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