Avanti announces unsampled results
1
Press
R el ease
AVANTI GOLD REPORTS ASSAYS FROM PREVIOUSLY UNSAMPLED CORE AT
AKYANGA, INCLUDING 29.4 M AT 1.43 G/T AU FROM SURFACE AND 9.9 M AT 4.13
G/T AU HIGHLIGHTS
› Eight historical diamond drill holes totaling 1,310.26 metres were re-logged, sampled and assayed, completing the
evaluation of the previously unsampled historical core currently identified at the Akyanga Deposit.
› A review of the historical core inventory identified an additional 837 metres of previously unsampled core, beyond
the approximately 473 metres previously disclosed, bringing the total identified historical core to 1,310.26 metres.
› MSDD0130 returned multiple mineralized intervals, including 29.36 metres grading 1.43 g/t Au from surface, 12.30
metres grading 2.87 g/t Au from 55.20 metres and 4.60 metres grading 3.94 g/t Au from 74.59 metres.
› Additional results include 9.90 metres grading 4.13 g/t Au in MSDD0132 and 1.50 metres grading 18.52 g/t Au in
MSDD0133.
› The results provide additional geological and grade information within the Akyanga mineralized system and will be
incorporated into the Company’s geological interpretation and future drill targeting.
Samples from the Company’s current 2026 drilling program are being assayed at the SGS laboratory in Mwanza, Tanzania,
with results to be reported following receipt, review and completion of the Company’s QA/QC procedures.
Vancouver, British Columbia — July 27, 2026 — Avanti Gold Corp. (CSE: AGC) (FSE: X370) (OTCQB: AVTGF) (“Avanti” or the
“Company”) is pleased to report assay results from eight historical diamond drill holes totaling 1,310.26 meters at the Akyanga
Deposit on the Misisi Project (“the Project”) in the Democratic Republic of the Congo (“DRC”). The previously unsampled
historical core was re-logged, sampled and submitted for analysis as part of the Company’s ongoing review of the Akyanga
geological database. The results include several near-surface and higher-grade mineralized intervals that provide additional
geological and grade information within the Akyanga mineralized system and support the current interpretation of multiple
stacked mineralized structures. The results include several near-surface and higher-grade mineralized intervals that provide
additional support for the interpreted continuity of multiple stacked mineralized structures within the Akyanga Deposit,
particularly toward its southern portion.
The results include several near-surface and higher-grade mineralized intervals that support the current geological
interpretation, dipping towards the southern portion of the deposit across multiple parallel veins.
Notable results from the historical drilling include (See Table 1 full best intercepts):
• MSDD0130: 29.36 metres grading 1.43 g/t Au from surface;
• MSDD0130: 12.30 metres grading 2.87 g/t Au from 55.20 metres, including 0.60 metre grading 17.59 g/t Au and
0.50 metre grading 37.53 g/t Au;
• MSDD0130: 4.60 metres grading 3.94 g/t Au from 74.59 metres;
• MSDD0132: 9.90 metres grading 4.13 g/t Au from 133.60 metres, including 0.80 metre grading 37.71 g/t Au; and
• MSDD0133: 1.50 metres grading 18.52 g/t Au from 27.90 metres.
• MSDD0134: 1.9 meters grading 3.14 g/t Au from 106.0 metres
• MSDD0135: 3.5 meters grading 1.73 g/t Au from 18.8 metres
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The eight historical holes are located within the southern strike extension of the Akyanga mineralized system and were not
previously supported by assay data. The results provide additional information between previously reported drill holes and
support the current interpretation of multiple stacked mineralized structures. The holes do not test the principal areas targeted
by the current 2026 drilling program; rather, they add geological and grade information along the southern strike extension that
will be evaluated as part of future geological modelling and drill targeting
Mohamed Cisse, Chief Executive Officer of Avanti commented: “The completion of sampling and assaying of this previously
unsampled historical core has added useful geological and grade information to the Akyanga dataset. The results include several
meaningful near-surface and higher -grade intervals and provide additional support for our interpretation of multiple stacked
mineralized structures. The results will be incorporated into our geological modelling and future drill targeting as we continue
to advance the 2026 exploration program across the Misisi Project.”
QUALITY CONTROL AND QUALITY ASSURANCE
Drill cores for assaying were taken at a maximum of one-metre intervals and were cut with a diamond saw, with one-half of the
core placed in sealed bags by Company geologists and sent to the SGS Laboratory in Mwanza, Tanzania (independent of the
Company). The core samples were then crushed down to 80% passing minus 2 mm and split with one half of the sample up to
1.5 kg pulverized down to 90% passing 75 microns. Gold analyses were carried out on 50g aliquots by fire assay. In addition,
check assays were also carried out by the screen fire assay method to verify high-grade sample assays obtained initially by fire
assay. As part of the Company’s QA/QC procedures, internationally recognized standards, blanks and duplicates were inserted
into the sample batches prior to submitting to SGS Laboratory.
ABOUT THE AKYANGA DEPOSIT
The Misisi Project site is located in the Fizi territory of South Kivu province, in the DRC, approximately 250 kilometers south of
Bukavu and 180 kilometers north of Kalemie. The Akyanga Deposit, located centrally in the Misisi Project, hosts an NI 43-101
compliant Inferred Mineral Resource of 40.8 million tonnes averaging 2.37 g/t gold containing 3.11 million ounces which was
based on 19,956m of historic drilling, including 105 diamond drillholes (“DD”) totalling 19,070 meters and six reverse circulation
(“RC”) drillholes totalling 887 meters. The Akyanga resource is determined from surface to a vertical depth of 350 meters over
a strike length of 2,100 metres, using a US$1,500/oz pit shell. The mineralisation remains open at depth and along strike. Mineral
Resources that are not Mineral Reserves do not have demonstrated economic viability. The assay results reported herein are not
included in the current Mineral Resource Estimate.
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B
MSDD0097
MSDD0086
MSDD0026
MSDD0011
MSDD00106
MSDD0016
MSDD0024
MSDD0041
MSDD0034
MSDD00132
MSDD0032
MSDD0013
MSDD0007
MSDD0035
MSDD0065
MSDD0121
MSRC0015
MSDD0058
MSDD0134
MSDD0037
MSDD0009
MSRC0014
MSDD0135
MSDD0125
MSDD0098
MSDD0015
MSRC0011
MSDD0105
MSDD0010
MSDD0006
MSRC0009
MSDD0104
MSRC0084
MSRC0003
MSRC0001
MSDD0102
MSDD0023
MSDD0005
MSDD0012
MSDD0003
MSDD0044
MSDD0014
MSDD0019
MSDD0049
MSDD0082
MSDD0021
MSDD0018
MSDD0072
MSDD0081
MSDD0002
MSDD0016
MSDD0088
MSDD0080
MSDD0046
MSDD0008
MSDD0031
MSDD0029
MSDD0017
MSDD0048
MSDD0001
MSDD0028
MSDD00029
MSDD0083
MSDD0076
MSDD0077
MSDD0078
MSDD0079
MSDD0066
MSDD0068
MSDD0020
MSDD0021
MSDD0141
MSDD0128
MSDD0139
MSDD0136
MSDD0138
MSDD0129
MSDD0137
MSDD0133
MSDD00131
MSDD0142
MSDD0140
MSDD0130
0
400
metres
200
691,000 mE
691,750 mE
6473,500
mN
692,500 mE
691,000 mE
691,750 mE
692,500 mE
947000
mN
9472150
mN
6473,500
mN
947000
mN
9472150
mN
Quartz vein
Legend
Old Drill holes
N
Meta Arkose/Quartzite
Meta-Conglomerate
Meta-Dolerite
Artisanal Workings
Domain Faults
Thrust Faults
Faults
Drill holes with
Recent results
MSDD0088
MSDD0075
A
B
D
C
MSDD0099
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Figure 1: Akyanga Deposit Plan View with New Historical Drill hole locations
As shown in Figure 1 above, eight diamond drill holes totalling 1,310.26 meters (MSDD0128 to MSDD0135) produced 1284
samples which have now been successfully assayed by the SGS Analytical Laboratory in Mwanza, Tanzania. As shown in Table 1
below, the assayed samples demonstrate the strong continuity of near-surface, high-grade gold mineralisation towards the
southern portions of the Akyanga deposit, proving the potential for a significant resource expansion at the Misisi Project.
Figure 2: Cross section through hole MSDD0130
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Figure 3: Cross section through hole MSDD0132
Figures 2 and 3 above, show the cross sections through holes MSDD0130 and MSSDD0132 with stacked mineralised domains of
29.36 meters at 1.43 g/t Au from 0 meters, 12.3 meters at 2.87 g/t Au (incl. 0.6m @ 17.59 g/t from 60m and 0.5m @ 37.53 g/t
from 67m) from 55.2 meters, and 4.6 meters at 3.94 g/t Au from 74.59 meters for hole MSDD0130, and stacked mineralised
zones of 1.6 meters at 9.64 g/t Au from 17.4 meters, 4.8 meters at 0.99 g/t Au from 33.8 meters, 10.1 meters at 0.67 g/t Au from
48 meters, 9.9 meters at 4.13 g/t Au from 133.6 meters for hole MSDD032.
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Table 1: Significant intercepts1
1 Intercepts are reported as downhole lengths. True widths are estimated to be approximately 85% of reported downhole
lengths based on current geological interpretation. Grades are calculated as length-weighted averages of uncut assay results.
Hole ID Azimuth In cl From To Intercept Grade Comments
m E m N m E (g/t Au)
MSDD0128 691675 9472446 851 290 60 73.4 74.7 1.3 2.28
82 83 1 1.7
89 92 3 0.46
120.9 128.5 7.6 0.54
153.5 154.5 1 2.78
MSDD0129 691755 9472333 846 290 60 20.3 24.2 3.9 1.54
29.4 33.27 3.87 1.27
38.5 41 2.5 1.59
44 48.5 4.5 0.77
50.5 54.9 4.4 0.93
71.5 75.5 4 0.51
83.6 86.4 2.8 1.4
94.5 97.6 3.1 1.04
MSDD0130 691533 9472992 904 290 60 0 2 9.36 29.36 1.43
31.4 38.4 7 0 .43
42.5 44.2 1.7 1.37
Incl. 0.6m @ 17.59 g/t from 60m,
0.5m @ 37.53 g/t from 67m
74.59 79.19 4.6 3.94
MSDD0131 691741 9472063 839 290 50 0 3 .31 3.31 0.58
MSDD0132 691474 9473435 906 290 60 1 7.6 19.2 1.6 9.64 Incl. 0.88m @ 17.3 g/t from 18.32m
33.8 38.6 4 .8 0.99
48 53.1 10.1 0.67
78.5 81 2.5 0.71
85.3 87.2 1.9 1.65
105.3 108.8 3.5 1.14
133.6 143.5 9.9 4.13 Incl. 0.8m @ 37.71 g/t from 139.7m
179.6 181.7 2.1 0.51
189.5 193 3.5 0.79
MSDD0133 691840 9472020 833 290 50 2 7.9 29.4 1.5 18.52
MSDD0134 691420 9473145 935 290 50 7 0 70.5 0.5 0.74
75 79.7 4 .7 0.59
100.4 100.9 0.5 2.62
106 107.9 1.9 3.14
113.5 114.5 1 0.79
MSDD0135 691394 9473318 945 290 50 1 8.8 22.3 3.5 1.73
27 27.8 0 .8 0.67
32.8 35 2.2 0.97
40.6 48.3 7.7 0.71
97.7 98.6 0.9 0.51
101.9 102.5 0.6 0.62
105 105.8 0.8 4.79
67.5
degrees
12.3 2.87
Collar Location
(meters)
55.2
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GEOLOGY AND MINERALISATION
The geology of the Misisi project area is dominated by Proterozoic meta- sediments comprising interbedded quartz muscovite
schists, schistose arkoses, muscovite quartzites, and quartzites; pebble conglomerates and foliated mafic intrusion. Gold
mineralisation is associated with numerous zones of stacked quartz veins that occur sub -parallel to bedding. The mineralised
zones have strike lengths of up to 2,000 m and are generally less than 10 m thick. At the southern end of the Akyan ga deposit
the vein zones dip moderate to shallowly to the southeast. In the central and northern part, the deposit steepens at surface,
such that at the northern end the mineralisation is near vertical at surface and flattening out down dip. The depth of weathering
is estimated to be approximately 30 m. Mineralisation is structurally and lithologically controlled, in association with local
deformation zones, and occurs along north-south striking structures. The current interpretation is that the base of a mafic unit
provides a contact with hardness contrast along which there has been structural movement.
ABOUT THE MISISI PROJECT
The Misisi Project site is located in the Fizi territory of South Kivu province, in the DRC, approximately 250 kilometres south of
Bukavu and 180 kilometres north of Kalemie. The project comprises three contiguous 30-year mining leases covering 133 square
kilometres along the 55-kilometre Kibara Gold Belt.
The Akyanga Deposit, located centrally in the Misisi Project, hosts an NI 43-101 compliant Inferred Mineral Resource of 40.8
million tonnes averaging 2.37 g/t gold, containing 3.11 million ounces, which was based on 19,956 meters of historic drilling,
including 105 diamond drillholes (“DD”) totalling 19,070 meters and six reverse circulation (“RC”) drillholes totalling 887 meters.
The resource extends from surface to a vertical depth of 350 metres over a strike length of approximately 2,100 metres, using a
US$1,500/oz pit shell. The mineralisation remains open at depth and along strike.
ACCELERATED EXPLORATION STRATEGY
The Company has adopted a phased exploration strategy designed to maximize drilling productivity while rapidly advancing
resource growth.
Phase 1 focuses on approximately 15,000 metres of drilling at the Akyanga and Akyanga East deposits to:
Expand th e existing resource footprint;
› Upgrade confidence in the current resource;
› Test extensions of known mineralization; and
› Generate geological data to support future resource growth.
With four rigs operating simultaneously, the Company expects to significantly accelerate completion of Phase 1.
Phase 2 will commence immediately following the arrival of the additional two drill rigs, increasing the total operational fleet to
six rigs by the end of July. The expanded fleet will enable simultaneous drilling across several high-priority regional targ ets
including:
› Akyanga Extensions
› Akyanga East
› Ngalula
› Tulonge
› Lubitchako
› Kilombwe
The six-rig fleet will allow Avanti to execute one of the most aggressive exploration campaigns currently underway in Central
Africa.
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UPCOMING NEWS FLOW
The Company expects a strong pipeline of exploration milestones over the coming months, including:
› Initial Phase 1 assay results
› Expansion to a six operating drill rigs
› Commencement of Phase 2 drilling
› Ongoing drill assay releases
› Resource growth drilling of the Akyanga mineral resource
› Continued advancement toward future resource updates and technical studies Initial drilling results from regional
exploration targets across the Misisi Project.
ABOUT AVANTI GOLD CORP
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 40.8 million tonnes (Mt) at an average gold grade of 2.37 grams per tonne (g/t), totaling 3.1 million ounces
(Moz) of gold. The Misisi Project spans three contiguous 30-year mining leases covering 133 square kilometers (km²) along the
55-kilometer-long Kibara Gold Belt, a prominent metallogenic province known for hosting significant gold deposits.
¹ QUALIFIED PERSONS STATEMENT
Ephraim Masibhera, B.Sc. Geol (UZ), MSc Cd, MGSSA, Pr.Sci.Nat, Technical Director, at Kweneng Group, an independent Qualified
Person as defined by NI 43- 101, has reviewed and approved the scientific and technical information contained in this news
release. The drill holes were completed historically; however, the available core was re- logged, sampled and submitted for
analysis in 2026. The Qualified Person reviewed the available drill collar, down-hole survey, geological logging, sampling, chain-
of-custody and QA/QC information and considers the data adequate for the purposes of this disclosure.
¹ As disclosed in the Misisi Project August 1st 2023 Technical Report available on Avanti’s website and on SEDAR+
CONTACT INFORMATION
For Inquiries:
Mohamed Cisse
Chief Executive Officer
FORWARD-LOOKING STATEMENTS
Neither the Canadian Securities Exchange (CSE) nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts
responsibility for the adequacy or accuracy of this release.
This press release includes "forward-looking statements", including forecasts, estimates, expectations and objectives for future operations that
are subject to a number of assumptions, risks and uncertainties, many of which are beyond the control of Avanti. Investors are cautioned that
any such statements are not guarantees of future performance and that actual results or developments may differ materially from those
projected in the forward-looking statements. Such forward-looking information represents management's best judgment based on information
currently available. No forward-looking statement can be guaranteed, and actual future results may vary materially.
The Company's forward-looking statements and information are based on the assumptions, beliefs, expectations and opinions of management
as of the date of this news release, and other than as required by applicable securities laws, the Company does not assume any obligation to
update forward-looking statements and information if circumstances or management's assumptions, beliefs, expectations or opinions should
change, or changes in any other events affecting such statements or information.