Avanti Gold (CSE: AGC; FSE: X370) announces the settlement of historical liabilities related to the Misisi Gold Project in the Democratic Republic of Congo (DRC). The company and its wholly-owned subsidiary Regency Mining Ltd. have duly implemented an agreement with Arc Minerals Ltd. that was already reached in July 2025: Instead of an outstanding amount of US$1.25 million, a reduced payment of US$625,000 was made in October 2025. With the completion of this transaction, according to Avanti, the highly promising project is free of this liability. Operations can now commence!
Historical Liability Settled: Avanti Gold Achieves Operational Milestone
The settlement signed in summer 2025 stipulated that Avanti Gold would pay the reduced sum by October 31, 2025, at the latest. This payment has been made; thus, a recurring burden on the explorer’s balance sheet is eliminated. According to designated CEO Martin Pawlitshek, this clearing creates scope to refocus management time and resources on the further development of the Misisi Project. The company considers this step an operational milestone that supports the focus on strategic and technical measures within the license area.
The message is clear: uncertainties at the financial and process level are significantly reduced. (Compliance with payment deadlines and the closure of open items are – especially for internationally positioned exploration companies – frequent preconditions for the conclusion of further project or partnership agreements.)
Misisi at a Glance: Location, Resource Status, and Project Scope
For Avanti Gold, Misisi is clearly the flagship project. The property comprises three contiguous 30-year mining concessions totaling 133 km² along the approximately 55 km long Kibara Gold Belt, an established metallogenic province with numerous gold occurrences. According to the company, the Akyanga deposit located within the project area has an inferred mineral resource of 44.3 million tonnes at an average grade of 2.37 g/t gold; in total, this corresponds to 3.1 million ounces of gold.
We had already highlighted the potential of the property in our introductory report: