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 > Resolute Sells African mine $90 m..Cash for Adumbi

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Comment by Aberta1on Aug 10, 2021 3:15pm

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Post# 33679430

RE:RE:RE:Resolute Sells African mine $90 m..Cash for Adumbi

I agree Resolute Mining contunied support through particaption in the PP and excerising warrants shows conformation in this project. The Alignment of Resolute to sure up the balance sheet leads to the belief of their mission statement Mine Gold Create Value. I do not know if Loncor will have other interests come forward but have one (Resolute) invested and followed Loncor progress.I am sure gets management at Resolute excited about delivering shareholder value.

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Advancing flagship Ishkõday Gold Project in Ontario