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Avanti Gold Corp V.AGC


Primary Symbol: C.AGC Alternate Symbol(s):  AVTGF

Avanti Gold Corp. is a Canadian gold exploration company with a portfolio of projects in Africa. The Company’s flagship asset is the Misisi Gold Project in the Democratic Republic of Congo (DRC), home to the Akyanga gold deposit. The Akyanga deposit has an inferred mineral resource of 44.3 million tons (Mt) at an average gold grade of 2.37 grams per ton (g/t), totaling 3.1 million ounces (Moz) of gold. The Misisi Gold Project spans three contiguous 30-year mining leases covering about 133 square kilometers along the 55-kilometer (km)-long Kibara Gold Belt. The Misisi Gold Project is located about 250 km south of Bukavu, the provincial capital of South Kivu Province. It also owns prospecting rights in the Magisterial District of Molopo, South Africa, which includes approximately 90 hectares in the prospective and unexplored Kraaipan Granite-Greenstone Belt terrain, which extends about 400 km from southern Botswana into the Northwest Province of South Africa.


CSE:AGC - Post by User

Bullboard Posts
Comment by ryanlaston Jun 20, 2016 10:34pm
97 Views
Post# 24982285

RE:Early entry

RE:Early entryThe company is going to release an updated resource estimate soon. Which will include the saddle and the northern extension. I am hoping they can add a couple years to the mine life  They are also updating the pre feasibility with the new pit design, currency change, equipment rental,  and the new resource. In 2011 the PFS had an AISC of $524 an oz so with these improvements the Capex will come down quite a bit. So it will be very interesting to see these new numbers because I thought the old ones were nice. good times coming    
Bullboard Posts