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

Core Viewpoint - Avanti Gold Corp. is mobilizing four drill rigs to the Misisi Project site in the Democratic Republic of Congo (DRC) following a contract with Simba DRC Mining Services, aiming to enhance exploration efforts in 2026 [2][3]. Drilling Operations - Four drill rigs, including three diamond drill rigs and one multi-purpose rig, are being transported from Mwanza, Tanzania, and are expected to arrive at the Misisi Project site by the end of February 2026 [2][9]. - The 2026 exploration program will consist of approximately 42,000 meters of drilling, divided into two phases: Phase 1 will cover 15,000 meters and Phase 2 will cover 27,000 meters [5][9]. Phase 1 Exploration Program - The Phase 1 program, set to commence in March 2026, will focus on resource extensions at the Akyanga deposit and resource delineation at the Akyanga East deposit [9][11]. - The drilling targets for Phase 1 include 12,500 meters at Akyanga (83% of the total) and 2,500 meters at Akyanga East (17% of the total) [6]. Phase 2 Exploration Program - The Phase 2 program, expected to start in August 2026, will target approximately 27,000 meters of drilling across Akyanga and other high-priority targets such as Ngalula, Lubitchako, Tulonge, and Kilombwe [7][9]. - Drilling at Akyanga in Phase 2 will focus on in-fill drilling to convert Inferred resources to Indicated status [9]. Management Appointments - Avanti has appointed three key management personnel to support its exploration program: Avos Bashizi as Exploration Manager, Saleh Lwinda as Security & HSE Manager, and Ntamba Aly Papou as Logistics and Administration Manager, all bringing significant experience in the DRC [4][10]. Assay Results - Assay results from 2,100 meters of historic diamond core drilling at the Akyanga deposit are currently being processed and are expected to be published in the coming weeks [8][9]. Company Overview - Avanti Gold Corp. focuses on gold exploration, with its flagship asset being the Misisi Project, which includes the Akyanga gold deposit with an Inferred Mineral Resource of 44.3 million tonnes at an average grade of 2.37 grams per tonne, totaling 3.1 million ounces of gold [14].