Avanti Gold Corp. explores for gold in Africa, with its flagship Misisi Project in the Democratic Republic of Congo centered on the Akyanga gold deposit. Company news primarily covers drilling and assay activity, resource expansion work, target delineation across the Kibara Gold Belt, and technical disclosure under NI 43-101 for the Misisi project area.
Recurring updates also include site activity in the DRC, exploration contractor and supplier arrangements, management appointments, investor relations and market-making services, and trading infrastructure for its common shares on the OTCQB market under the symbol AVTGF.
Avanti Gold (AVTGF) reported new 2026 Phase I diamond drilling results from the Akyanga Deposit at its Misisi Gold Project in the DRC. Holes MSDD0151, MSDD0152 and partial results from MSDD0153 intersected multiple zones of gold mineralisation within and below the US$1,500/oz pit shell that constrains the current Mineral Resource.
Highlights include 11.50 m at 6.50 g/t Au from 166.30 m in MSDD0153 (hanging wall), 5.70 m at 8.01 g/t Au from 268.10 m in MSDD0151, and 13.60 m at 2.00 g/t Au from 86.00 m in MSDD0152, with several higher-grade sub-intervals up to 31.06 g/t Au. In total, the three holes totalled 981.35 m and generated 463 samples, with further samples from MSDD0153 still pending. The data will feed into Avanti’s geological model for follow-up drilling at Akyanga, which currently hosts an NI 43-101 Inferred Mineral Resource of 40.8 Mt at 2.37 g/t Au (3.11 Moz).
Avanti Gold (AVTGF) reported new surface gold discoveries and refined drill targets at the Misisi Project in the DRC.
At Ngalula, integration of soil geochemistry, artisanal workings, mapping and sampling has defined two parallel mineralized trends within an 8 km gold-in-soil anomaly. Rock-chip assays returned up to 19.98 g/t and 12.50 g/t Au, while channel sampling delivered open-ended intervals including 3.0 m at 1.88 g/t Au and 3.3 m at 1.75 g/t Au, extending bedrock mineralization by 1.5 km to the southeast.
At Akyanga East, re-logging of 13 historic drillholes, mapping and rock-chip results up to 5.36 g/t Au have been used to optimize a planned 2,500 m Phase I drill program over a 2.5 km mineralized corridor. The broader Misisi Project hosts the Akyanga deposit with an inferred resource of 40.8 Mt at 2.37 g/t Au for 3.11 Moz.
Avanti Gold (OTCQB: AVTGF) has upsized its previously announced bought deal private placement from C$35 million to C$45 million, issuing 90,000,000 units at C$0.50 per unit, each unit containing one common share and half a warrant exercisable at C$0.65 for 36 months.
The financing is led by SCP Resource Finance on behalf of a syndicate of underwriters, with a 15% option that could lift gross proceeds to C$51.75 million. Underwriters will receive a 6% cash commission and broker warrants equal to 6% of units sold, exercisable at the issue price for three years. Closing is targeted around September 22, 2026, subject to customary approvals. According to Avanti, net proceeds will fund a 42,000‑metre 2026 drill program and PEA advancement at the Misisi Project in the DRC, as well as G&A and working capital.
Avanti Gold (OTCQB: AVTGF) announced a C$35 million bought deal private placement of 70,000,000 units at C$0.50 per unit, each unit comprising one common share and one-half warrant exercisable at C$0.65 for 36 months. An underwriters’ option could raise total gross proceeds to C$40.25 million.
According to Avanti, net proceeds are intended to fully fund the 42,000‑metre 2026 drill program and advance a maiden NI 43‑101 PEA on the Misisi Project, plus G&A and working capital. Three new independent non-executive directors, including proposed Chair Matthieu Bos, will be nominated at the annual general meeting, expected on or about October 23, 2026, with a record date of September 23, 2026. Existing directors Terry Holohan and Martin Pawlitschek will stand for re-election, while current Chair Sir Samuel Jonah will not, remaining as a consultant. CEO Mohamed Cisse and the management team remain unchanged.
Avanti Gold (OTCQB: AVTGF) reported additional assay results from its 2026 Phase 1 diamond drilling at the Akyanga Deposit, part of the Misisi Gold Project in the DRC. Key results from holes MSDD0147 and MSDD0150 include multiple high‑grade gold intervals both within and below the US$1,500/oz pit shell that constrains the current mineral resource.
MSDD0147 returned 3.55 m at 7.73 g/t Au from 170.15 m, 3.85 m at 12.30 g/t Au from 274.70 m, 2.84 m at 6.12 g/t Au from 288.23 m, and 1.10 m at 17.58 g/t Au from 320.70 m. MSDD0150 intersected 6.00 m at 1.04 g/t Au from 109.00 m, 3.00 m at 5.38 g/t Au from 184.00 m, and 5.40 m at 1.81 g/t Au from 189.85 m. According to Avanti, these results improve geological and grade understanding of the Akyanga system, which currently hosts an NI 43‑101 Inferred Mineral Resource of 40.8 Mt at 2.37 g/t Au for 3.11 Moz, and will guide follow‑up drilling within a 42,000 m program ahead of a planned PEA in 2027.
Avanti Gold (OTCQB: AVTGF) reported initial 2026 Phase I diamond drilling results from the Akyanga deposit at its Misisi Gold Project in the DRC. Holes MSDD0145 and MSDD0146 intersected multiple gold zones below the US$1,500/oz pit shell that constrains the current 3.11 Moz Inferred Mineral Resource.
Significant intercepts include 4.30 m at 1.71 g/t Au and 6.80 m at 1.59 g/t Au (including 0.50 m at 12.60 g/t Au) in MSDD0145, and 20.43 m at 0.91 g/t Au plus 2.98 m at 6.20 g/t Au (including 2.00 m at 9.05 g/t Au) in MSDD0146. The company states these results confirm mineralization continues at depth, supporting expectations of future resource growth ahead of a 2027 Preliminary Economic Assessment, within a 42,000 m drill program now underway and with more rigs being added.
Avanti Gold (OTCQB: AVTGF) has adopted a shareholder rights plan effective August 5, 2026, with Endeavor Trust as rights agent, to promote fair treatment in any unsolicited bid for control. One right attaches to each common share and becomes exercisable if an investor and related parties acquire 20% or more of outstanding shares without making a “Permitted Bid”. Permitted bids must be made to all holders, remain open at least 105 days, and receive tenders from at least 50% of independent shareholders. The plan requires shareholder ratification within six months for a three‑year initial term. Avanti highlights upcoming catalysts at its Misisi Project, including a 42,000-metre drill program and a Preliminary Economic Assessment targeted for 2027.
Avanti Gold (OTCQB: AVTGF) reported new assays from eight historical diamond drill holes totaling 1,310.26 m of previously unsampled core at the Akyanga Deposit on the Misisi Project in the DRC. Notable intercepts include 29.36 m at 1.43 g/t Au from surface, 12.30 m at 2.87 g/t Au from 55.20 m and 4.60 m at 3.94 g/t Au from 74.59 m in hole MSDD0130, plus 9.90 m at 4.13 g/t Au from 133.60 m in MSDD0132 and 1.50 m at 18.52 g/t Au from 27.90 m in MSDD0133.
The eight holes lie on the southern strike extension of Akyanga and were not previously supported by assay data. According to Avanti, the results enhance geological and grade information and support the interpretation of multiple stacked mineralized structures. Assays were completed at SGS Mwanza under a QA/QC program with standards, blanks and duplicates. Akyanga currently hosts an NI 43‑101 Inferred Mineral Resource of 40.8 Mt at 2.37 g/t Au (3.11 Moz), which does not yet include these new assays. Avanti is executing a phased exploration strategy, targeting about 15,000 m of Phase 1 drilling and ramping up to six rigs for broader regional testing.
Avanti Gold (OTCQB: AVTGF) clarified that Toubani Resources has completed the acquisition of an approximate 19.9% interest in the company through a private purchase from existing Avanti shareholders at C$0.65 per share. The transaction was solely between shareholders; Avanti issued no securities and received no proceeds.
The company reaffirmed its Misisi Project strategy, highlighting four drill rigs currently active and six expected by the end of July 2026, targeting the 3.11 Moz NI 43-101 inferred resource at the Akyanga deposit and other Kibara Belt targets, with first 2026 assay results anticipated in the coming weeks.
Avanti Gold (OTCQB: AVTGF) announced a major ramp-up of exploration at the Misisi Gold Project in the DRC, doubling its active drill fleet from two to four rigs now, with six rigs expected by the end of July 2026. The expanded fleet supports a 42,000-metre 2026 program, more than twice all historical drilling at Misisi, aimed at expanding and upgrading the existing 3.11 Moz NI 43-101 Inferred Mineral Resource across the 55 km Kibara Gold Belt. A newly mobilized RC rig will handle pre-collaring to improve productivity and reduce unit costs, while initial 2026 core samples have been sent to SGS Mwanza, with first assay results expected in the coming weeks and Phase 2 drilling (about 27,000 metres) planned across Akyanga and four regional targets.