Avanti Gold Grows Footprint of Akyanga Deposit with Multiple High-Grade Intersects Including 3.85 m at 12.30 g/t Au and 3.55 m at 7.73 g/t Au

NewsfileAug 26, 2026 · 10 days ago

Drill Intercepts ⛏

6/1012.30 g/t AU · 3.85m

6/107.73 g/t AU · 3.55m

Analyst Takeaways

Multiple high-grade intervals including 12.30 g/t Au over 3.85 m and 12.50 g/t Au over 2.10 m demonstrate significant gold enrichment at Akyanga, well above typical open-pit cutoff grades.
Mineralization intersected both within and below the current US$1,500/oz pit shell suggests potential for resource expansion and improved project economics at lower gold prices.
Ongoing Phase 1 drilling in 2026 is systematically testing the deposit footprint, indicating an active exploration phase that could support resource statement updates.
The presence of multiple mineralized zones across different depths (170 m to 288+ m) implies a structurally complex deposit with potential for continued discovery within the current license area.

AI-generated · verify against original source

HIGHLIGHTSOngoing 2026 Phase 1 drilling at the Akyanga Deposit continues to intersect multiple zones of gold mineralization within and below the US$1,500/oz pit shell used to constrain the current Mineral Resource Estimate.MSDD0147 returned multiple higher-grade intervals, including: 3.55 m at 7.73 g/t Au from 170.15 m; including 2.10 m at 12.50 g/t Au from 170.60 m;3.85 m at 12.30 g/t Au from 274.7 m; Including 2.85 at 16.58 g/t Au from 274.70 m;2.84 m at 6.12 g/t Au from 288.23 m; Including...

Frequently Asked Questions

What do these gold grades mean for project viability?+

Grades of 7–16 g/t Au are considered high-grade for open-pit mining and typically support economic extraction. The multiple intersects suggest the deposit contains discrete zones capable of supporting selective or bulk mining scenarios.

Why is mineralization below the pit shell significant?+

The US$1,500/oz pit shell represents a conservative economic limit; finding ore-grade material below it implies potential reserve growth and the possibility of expanding the mine plan if gold prices remain higher or mining costs decrease.

What stage is the Akyanga project at?+

The project is in Phase 1 drilling (2026) with a current Mineral Resource Estimate in place; it has not yet advanced to feasibility study or development, so results are still exploratory in nature.

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Avanti Gold Grows Footprint of Akyanga Deposit with Multiple High-Grade Intersects Including 3.85 m at 12.30 g/t Au and 3.55 m at 7.73 g/t Au

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