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.

TSX:LN - Post by User

Loncor Gold Inc > New.. Another high grade intercept at Adumbi, ABX gone but,,

<< Previous

Bullboard Posts

Next >>

Comment by nozzpackon May 26, 2021 5:18am

85 Views

Post# 33265996

RE:RE:RE:RE:New.. Another high grade intercept at Adumbi, ABX gone but,,

Had not thought about that angle re ABX ceasing their exploration program.
Makes good sense.

That discovery just north of Makapela by ABX in 2020 have the makings of another high grade satellite pit , the fifth such pit for Makepeka

POG is now over $1900 per ounce.

In the meantime, those 4 new gold discoveries in East Imbo, each with a massive gold footprint, will keep the drills going in the second half of this year..

<< Previous

Bullboard Posts

Next >>

Sirios Resource discovers visible gold in Quebec