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Avanti Gold Corp C.AGC

Alternate Symbol(s):  AVTGF

Avanti Gold Corp. is a Canada-based gold exploration company working on a Tier-1 gold opportunity in the Democratic Republic of the Congo (DRC), in Misisi, located in the Fizi territory of South Kivu Province. The Company's Misisi Gold Project is located approximately 250 kilometers (km) south of Bukavu, the provincial capital of the South Kivu Province, in the Democratic Republic of the Congo. The Misisi Gold Project is comprised of three contiguous 30-year mining leases, covering approximately 133 square kilometers of prospective exploration ground along the 55-km-long Kibara Gold Belt. The Misisi Gold Project contains the Akyanga deposit, which is the subject of the NI 43-101 inferred resource of about 44.3 million tons at an average grade of 2.16 grams per ton gold containing 3.1 million ounces.


CSE:AGC - Post by User

Avanti Gold Corp
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Post by Betteryear2on Dec 04, 2023 4:51pm
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Post# 35767848

Formalization of Artisanal Mining Agreement C.AGC

Formalization of Artisanal Mining Agreement C.AGCVancouver, British Columbia--(Newsfile Corp. - December 4, 2023) - AVANTI GOLD CORPORATION (CSE: AGC) (FSE: X37) ( "Avanti" or the "Company") is pleased to announce the signing of a formal profit sharing and cooperation agreement governing all gold production with Sycomines, the licensed and permitted artisanal gold mining association, which is currently operating on the Avanti project areas. Under the agreement, all gold mining activities will be done by Sycomines with all gold produced to be sold to Primera Gold DRC SA ("Primera Gold"). Primera Gold is a joint venture between the Primera Group, a United Arab Emirates ("UAE") company based in Abu Dhabi, and the Government of the Democratic Republic of the Congo ("DRC"). The DRC and Primera Gold agreement grants Primera Gold the right to purchase and export artisanally-mined gold with the aim to facilitate supply chain traceability with direct access to the end purchaser.

Avanti Gold Announces Formalization of Artisanal Mining Agreement at Misisi Gold Project (newsfilecorp.com)
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