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

Executive Summary

• Avanti Gold Corp. has mobilized four drill rigs (three diamond, one multi‑purpose) from Tanzania to the Misisi Project site, with arrival expected by end of February 2026.
• The company outlined its 2026 exploration programme: Phase 1 (15,000 m) launching March 2026 and Phase 2 (27,000 m) launching August 2026, targeting Akyanga, Akyanga East and several high‑priority targets.
• Three key in‑country management appointments were made to support the exploration effort (Exploration Manager, Security & HSE Manager, Logistics & Administration Manager).

Key Details

• Drill rig mobilisation: Four rigs contracted with Simba DRC Mining Services Ltd.; departing Mwanza, Tanzania; arrival at Misisi site by end of February 2026.
• Drill programme manager: Minecon Resources and Services Ltd. signed an extended contract to act as Drill Programme Manager.
• Phase 1 (Mar–Jul 2026): 15,000 m total – 12,500 m at Akyanga (83% of Phase 1), 2,500 m at Akyanga East (17%). Early work on Ngalula, Tulonge, Lubitchako, Kilombwe.
• Phase 2 (Aug–Dec 2026): 27,000 m total – 14,500 m at Akyanga (55% of Phase 2), 4,500 m at Akyanga East (7%), plus 3,500 m Ngalula, 2,000 m Tulonge, 2,500 m Lubitchako, 2,500 m Kilombwe.
• Overall 2026 plan: ~42,000 m of diamond and RC drilling across all targets.
• Assay results pending: 2,100 m historic diamond core from Akyanga (≈10% of total drilling) received at SGS lab in Tanzania on Jan 22 2026; results to be released in coming weeks.
• Management appointments (effective Feb 1 2026):
• Avos Bashizi – Exploration Manager (formerly Chief Geologist, Katavi Mining).
• Saleh Lwinda – Security & HSE Manager (former Sector Commander/Chief Instructor, TOP‑SIG).
• Ntamba Aly Papou – Logistics & Administration Manager (former senior logistics officer, Banro Corp.).
• Supplier engagement: Additional in‑country drill service providers evaluated; potential to increase rig count pending further contracts.

Notable Quotes

“I’m pleased to report that we have begun the mobilisation of drill rigs to the Misisi site… With a strong team now assembled and drill rigs on their way to site, the team remains focussed on unlocking value at the Misisi Gold Project.” – Mohamed Cisse, Acting CEO, Avanti Gold Corp.