Core Insights - Avanti Gold Corp. has strengthened its leadership team to advance the Misisi Gold Project in the Democratic Republic of Congo (DRC) [1][2] - The Misisi Gold Project contains an Inferred Mineral Resource of 41 million tonnes at an average grade of 2.37 g/t, equating to approximately 3.1 million ounces of gold [1] - The project area covers 133 square kilometers along a 55-kilometer segment of the Kibara Gold belt, with several high-priority targets identified [1] Leadership Appointments - Martin Pawlitschek has been appointed as Chief Executive Officer, effective December 15, 2025, bringing over 30 years of international experience in mineral exploration and mining investment, particularly in Africa [3][4] - Mohamed Cisse has been appointed Chief Operating Officer, with extensive experience in mine development and operations in the DRC, including leadership roles at the Kibali mine [4][10] - Terry Holohan transitions to Lead Independent Director, overseeing governance and supporting the management team during the project's development phase [4][13] Project Development Plans - The company is finalizing plans to restart exploration activities at the Misisi Gold Project, with drill contractors mobilized and infrastructure upgrades underway [1] - The project has significant exploration potential, with mineralization remaining open along strike and at depth [1] Financial and Incentive Structure - Avanti intends to grant a total of 6.5 million stock options and 3 million restricted share units (RSUs) to align management incentives with shareholder interests [18] - The stock options will vest over 24 months, while the RSUs will vest over an 18-month period [18] Background of Key Executives - Martin Pawlitschek has a strong background in mineral exploration, having previously served as Senior Vice President of Geology at Appian Capital Advisory LLP, overseeing significant investments in mining [8] - Mohamed Cisse has a proven track record in operational excellence, having led successful initiatives at Resolute Mining's Syama Mine [11][12] - Terry Holohan has over 40 years of mining industry experience, including significant roles in Africa, and has been instrumental in developing Ivanhoe's Southern African portfolio [13][14] Company Overview - Avanti Gold Corp. is focused on advancing its flagship Misisi Gold Project, which is positioned to become a cornerstone asset in Africa [2] - The company aims to deliver value to shareholders and local stakeholders through strategic leadership and operational excellence [2]
Avanti Gold Strengthens Leadership Team