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 > Continued Bonanza Grades Below Adumbi pit

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Comment by nozzpackon Nov 11, 2021 9:24am

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Post# 34114248

RE:Continued Bonanza Grades Below Adumbi pit

As you can see from Figure 3, the high grade lode ( dark brown ) above 100 g/ton becomes much wider below the Adumbi pit and remains open at depth and on both sides.

Dont know if they have enough drill holes for spatial Krieging below the pit , but if they do, the Inferred Resource within 200 m of the pit floor is likely to 2 million ounces or more

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Advancing flagship Ishkõday Gold Project in Ontario