Avanti Gold Corp. (AGC:CSE)
Akyanga hosts a 3.1Moz Inferred resource at 2.37 g/t Au, making it one of the few open-pit gold resources globally above 2 g/t. With the deposit open along strike and at depth, we see strong potential for continued growth.
The Company has launched a fully funded 42,000m drill program, with the majority of meters focused on expanding the core Akyanga deposit.
AGC holds long-dated exploration licenses through 2045 across a 133km2 land package.
Avanti trades at US$36/oz, while its peers trade at US$246/oz, highlighting a clear valuation gap. Backed by a newly assembled team with African operating experience, we see a strong setup for re-rating as execution progresses.
Investment Summary
Avanti Gold Corp. is a gold exploration company with a robust portfolio of projects in Africa. The Company's flagship asset is the Misisi Project in the Democratic Republic of Congo (DRC), home to the Akyanga gold deposit. The Akyanga deposit has an Inferred Mineral Resource of 40.8Mt at an average gold grade of 2.37 g/t Au, totalling 3.1Moz of gold. The Misisi Project spans three contiguous 30-year mining leases covering 133km² along the 55km-long Kibara Gold Belt, a prominent metallogenic province known for hosting significant gold deposits.
Company Description
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