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Avanti confirms private share sale by existing shareholders; exploration program at Misisi Project intensifies with six rigs by July end.

Market News
17 Jul 2026
Newsfile Corp
View Source
Bullish
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Avanti Gold Corp. clarified that a recent 19.9% share acquisition by Toubani Resources was a private transaction between existing shareholders, with Avanti not involved and receiving no proceeds. The company remains focused on its exploration strategy at the Misisi Project in the DRC, currently operating four drilling rigs and planning to increase to six by the end of July. This program aims to expand the 3.11 million ounce inferred gold resource at the Akyanga Deposit along the Kibara Gold Belt, with initial assay results expected soon. The Misisi Project covers 133 square kilometers and is a key asset for Avanti's growth in gold exploration in Africa.

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