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 > Two ore Higher Grade infill holes within Adumbi Pit

<< Previous

Bullboard Posts

Next >>

Comment by mferguson71on Oct 12, 2021 11:21am

86 Views

Post# 33997281

RE:RE:Two ore Higher Grade infill holes within Adumbi Pit

2). The current drilling focus is to complete these infill holes within the shallower part of the pit and to outline potential underground resources at depth below the pit shell as well as complete the Adumbi Preliminary Economic Assessment (P.E.A) by December of this year. Don't get too ahead of yourself Nozz. You are very detailed in your research. I'm expecting the PEA for December if anything I have saw more delays that quicker turn around. January would be my next bet.

<< Previous

Bullboard Posts

Next >>

How one company is disrupting PoC testing