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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

Comment by Goldenhopeon Jun 03, 2021 8:57am
258 Views
Post# 33317717

RE:Another PP coming?

RE:Another PP coming?Listening to their webcast it sounds like management won’t be constructing their mine until late 2022 which means their first ounces won’t turn up for at least 3 years!!!!!!  This is clearly a lifestyle company for Michael and his board.  What was Mr Sprott thinking putting money into this company last year.  I also heard that the ore at Mara Rosa is refractory and recoveries will be < 80%.   What a joke !!!
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