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Loncor Gold Inc T.LN

Alternate Symbol(s):  LONCF

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

Comment by nozzpackon Oct 12, 2021 10:07am
74 Views
Post# 33996913

RE:Two ore Higher Grade infill holes within Adumbi Pit

RE:Two ore Higher Grade infill holes within Adumbi PitLocation of LA 24 and LA 25 were very  strategically placed to fill in gaps within the pit...


https://www.globenewswire.com/NewsRoom/AttachmentNg/7fb1733d-f94d-48d4-ade5-2961506a4972

O
nly two holes left to report ..one within the pit and one deeper one below the pit.

These two have been drilled, just awaiting assays to report.
These two should be released soon, completing this phase of the drilling program needed for the PEA.
PEA is due in November and looks like it will be on schedule


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