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Bullboard - Stock Discussion Forum
Loncor Gold Inc
T.LN
Alternate Symbol(s):
LONCF
Metals & Mining
Gold
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.
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TSX:LN - Post Discussion
Loncor Gold Inc
> Barrick Began Drilling Nearly 8 months ago
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•••
nozzpack
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Post by
nozzpack
on Feb 19, 2021 1:13pm
Barrick Began Drilling Nearly 8 months ago
That's a long time..
https://www.azomining.com/News.aspx?newsID=16366
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•••
1kgcoffee
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Comment by
1kgcoffee
on Feb 19, 2021 1:31pm
They've been exploring since 2016 I wouldn't hold my breath
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