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Loncor Gold Inc T.LN

Alternate Symbol(s):  LONCF

Loncor Gold Inc. is a Canadian gold exploration company. The Company is focused on projects within an approximately 480 square kilometers (km2) area on the Ngayu Greenstone Belt in the Northeast of The Democratic Republic of the Congo (the DRC). The area is located over 220 kilometers southwest of the Kibali gold mine, which is operated by Barrick Gold (Congo) SARL. It owns or controls a contiguous block of 46 exploration permits covering an area of over 13,000 km2 to the northwest of Lake Edward in North Kivu province. The Adumbi gold deposit is found within the Company’s 84.68% owned Imbo Project area. At the Imbo Project, the Adumbi deposit holds an indicated mineral resource of 1.88 million ounces of gold, and the Adumbi deposit and two neighboring deposits hold an inferred mineral resource of approximately 2.090 million ounces of gold with 84.68% of these resources being attributable to the Company.


TSX:LN - Post by User

Comment by givemeabreak1on Feb 07, 2022 12:57pm
46 Views
Post# 34405327

RE:$10,000 POG Increasingly Seen as Realistic

RE:$10,000 POG Increasingly Seen as RealisticThe have been saying 5k and 10k gold price every year for 30 years straight now I guess if they say it enough it might come true one day and they can say hey look I called it.  Sort of like the soothe sayer that called the last big California earthquake lol.  He kept calling it for 10 years and eventually got it right!
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