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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Loncor Gold Inc > No surprises.. Private Placement

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Comment by mferguson71on Jan 29, 2021 12:30am

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Post# 32417582

RE:No surprises.. Private Placement

I wouldn't be surprised if this pp fills up fast and is over subscribed. The amount of bids from 50 cents and higher is nice to see as well for support. It is nice to see at least 20 percent insider participation. Another thing that I like about it is the 75 cent warrant..That's 50% higher than the private placement. This in my mind is nice to see that amount of spread between the two.

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