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Drill Results

Avanti Gold moving four drill rigs to Misisi

By The Northwire Desk — AI Analysis Feb 17, 2026 · 15:05 AGC · 0.85 Avanti Gold Corp
AGC · Price

Executive Summary

  • Avanti Gold is mobilizing four drill rigs (three diamond, one multipurpose) from Tanzania to the Misisi project in the DRC, with arrival expected by end‑February 2026.
  • Phase 1 of the 2026 exploration program (≈15,000 m drilling) will launch in March 2026 targeting Akyanga and Akyanga East deposits; Phase 2 (≈27,000 m) is slated for August 2026 across multiple targets.
  • Three senior in‑country managers have been appointed to support the program: Exploration Manager, Security & HSE Manager, and Logistics & Administration Manager.

Key Details

  • Drill rig mobilization: Four rigs contracted with Simba DRC Mining Services Ltd.; departing Mwanza, Tanzania; arrival at Misisi site by end of February 2026.
  • Drilling service manager: Minecon Resources and Services Ltd. engaged as drill program manager under an extended contract.
  • Exploration schedule:
  • Phase 1 – 15,000 m (diamond & RC) at Akyanga & Akyanga East, commencing March 2026.
  • Phase 2 – ~27,000 m (diamond & RC) across Akyanga and high‑priority targets (Ngalula, Lubitchako, Tulonge, Kilombwe), launching August 2026.
  • Historic core assay: 2,100 m of historic diamond core from Akyanga under assay at SGS lab in Tanzania; results expected 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 SARL).
  • Ntamba Aly Papou – Logistics & Administration Manager (previous senior logistics role at Banro Corp.).
  • In‑country support roles filled: Exploration manager, security/HSE, administration/logistics, adding significant DRC operating experience.
  • Supplier engagement: Additional drill rigs being evaluated from suppliers who attended the January 2026 in‑country field visit.

Notable Quotes

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

Read the original news release →

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Drill Results