Avanti Gold Corp. Stock Analysis AGC.CN

Avanti Gold Corp. is a mineral exploration company, which engages in the identification, acquisition, evaluation, and exploration of gold, precious metals, and base metal properties. The company is headquartered in Vancouver, British Columbia. The company went IPO on 2015-08-24. The firm'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 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 (km2) along the 55-kilometer long Kibara Gold Belt. The Misisi Gold Project is located about 250 km south of Bukavu, the provincial capital of South Kivu Province. The company 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.