Business
Avanti Gold Commences 42,000 Metre Drill Program at Misisi, Targeting Resource Expansion and Delineation of New Targets
Vancouver, British Columbia--(Newsfile Corp. - April 23, 2026) - Avanti Gold Corp. (CSE: AGC) (FSE: X370) (OTCQB: AVTGF) ("Avanti" or the "Company") is
About this update from Avanti Gold Corp
[{"type":"text","content":" Vancouver, British Columbia--(Newsfile Corp. - April 23, 2026) - Avanti Gold Corp. (CSE: AGC) (FSE: X370) (OTCQB: AVTGF) (\"Avanti\" or the \"Company\") is pleased to announce that it has commenced drilling activities at its flagship Misisi Gold Project in the Democratic Republic of Congo (\"DRC\"). Two diamond drill rigs are currently active on site (See Figure 1) with activities set to further ramp-up as two additional rigs expected to be mobilized in the coming weeks. The drill programme is expected to total 42,000-metre of drilling and is designed to grow the current resource base while systematically testing targets across the 55-kilometre Kibara Gold Belt, where the Akyanga deposit already hosts an NI 43-101 compliant Inferred Mineral Resource of 40.8 million tonnes at 2.37 g/t gold containing 3.1 million ounces. At least 6 high priority targets are expected to be drill tested. Results will be reported on an ongoing basis throughout 2026. Mohamed Cisse, Chief Executive Officer of Avanti, commented: \"Misisi is one of DRC'S most compelling undeveloped gold systems, located on a highly prospective and largely unexplored 55-kilometre belt, and we are thrilled to have relaunched drilling after nearly a decade without significant activity. Phase 1 focuses on expanding and upgrading the existing resource, while Phase 2 introduces multiple new targets across the broader Misisi belt that have not been previously drilled. With four rigs operational in the coming weeks and 42,000 metres planned across two phases, this is the most significant exploration campaign in the Company's history and the first step in defining the broader scale of the Misisi system.\" Figure1: Drill Rigs at Misisi ABOUT THE MISISI PROJECT The Misisi Project site is located in the Fizi territory of South Kivu province, in the DRC, approximately 250 kilometres south of Bukavu and 180 kilometres north of Kalemie. The project comprises three contiguous 30-year mining leases covering 133 square kilometres along the 55-kilometre Kibara Gold Belt. The Akyanga Deposit, located centrally in the Misisi Project, hosts an NI 43-101 compliant Inferred Mineral Resource of 40.8 million tonnes averaging 2.37 g/t gold, containing 3.11 million ounces, which was based on 19,956 meters of historic drilling, including 105 diamond drillholes (\"DD\") totalling 19,070 meters...