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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... see more

TSX:LN - Post Discussion

Loncor Gold Inc > IMPROVEMENTS TO AISC
View:
Post by JPGOLD on Feb 16, 2022 10:26am

IMPROVEMENTS TO AISC

  • Loncor published their basic PEA on Jan 31. Included in this press release are plans to substantially improve on their AISC costs over life of mine.
  •  
  • Additional Geotechnical Investigations

    Additional geotechnical investigations including drilling is recommended to optimize and potentially steepen pit slopes especially for the competent fresh BIF host rock which could reduce the strip ratio and thereby lower mining costs at Adumbi.

  • Further Metallurgical Testwork

    Additional metallurgical testwork including additional flotation and petrographic studies is recommended to confirm recoveries, reagent consumptions and optimize flowsheet design.

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Loncor Gold Inc