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Bullboard - Stock Discussion Forum 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... see more

TSX:LN - Post Discussion

Loncor Gold Inc > Pre-Drill Data Shows Imbo East Larger than Imbo West
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Post by nozzpack on May 02, 2021 9:25am

Pre-Drill Data Shows Imbo East Larger than Imbo West

The data below were extracted from the June 2020 Technical Report on Imbo West ( Adumbi, Manzako, Kitingi ) with 43-101 resources of  4+ m ounces).

For the new discoveries at Imbo East , detailed data are available for all 4 dscoveries.
The 2020 Technical Report did not report full details and in some caxes averages had to be used.
Such missing data presumably are available from the much earlier reports, but for the present purposes, that available from the June 2020 Report should do.

Note that colonial workings, both open pit, and underground and artisanal workings are available for both Imbo Areas..East and West.

Artisanal Workings tend to be shallow surface less than 20 m , whereas colonial workings go deeper as they have undergrroiund galleries.

From these earlier mining activities, we know that both Imbo West and Imbo East contain economic gold deposits  whose magnitudes and grades are being defined by drilling in Imbo West.

Drilling has not yet been carried out in Imbo East, but its worth noting (and the data below will indicate why ).

In the comparisons of Imbo East and Imbo West provided below, I use available predrill data to ballpark whether Imbo East is bigger, the same or smaller than Imbo West.

It should be noted that there is  a  close spatial relationship  between catchments with high predrill  Au values and the known mineralization at the Adumbi, Kitenge, Manzako and Monde Arabe prospects.

Low predrill indices do not however rule out high drilling results

Imbo East has been declared as a Priority Drilling Projext by Loncor.
The data comparisions below support such a priority


Imbo East Versus Imbo West Colonial and Artisanal Workings

From Fig 1 below,  Imbo East has 30 of such workings compared to 25 for Imbo West.

CONCLUSION........................Imbo East is as large as Imbo West

Fig 1 ..Imbo Project Simplified Geology

https://www.globenewswire.com/NewsRoom/AttachmentNg/0069c87d-cb6a-4a15-af9b-c1c48ff21694

Imbo East Versus Imbo West Predrill Auriferous indices

Strike Comparisons

Imbo East identified strike is nearly twice that of Imbo West

CONCLUSION..Imbo East is Larger than Imbo West

SOIL Grades

Soil Grades are over Twice the grade of those in Imbo West

CONCLUSION...Imbo East is larger than Imbo West

Rock Chips

None are available for Imbo West. Those available for Imbo East are very high grade

CONCLUSION....Imbo East has very high grades of gold.

It is noteworth that grades at Manzako and Kitengi....which are shallower than 200 m, and are south of Adumbi.. are more than 2-3 times higher than those of Adumbi at the same depth range.

This suggests that, as soil sampling, rock chip and channel sampling suggest, drill grades at Imbo East will be significantly higher than those of Adumbi

Channel Sampling

Imbo East grades are more than twice those of Imbo West

CONCLUSION.....Imbo East is larger than Imbo West

SUMMARY CONCLUSION

All Predril Indices show that, when dril delineated, Indo East will be a another major gold discovery that will match and probably exceed that of Imbo West, both in ounces and grade

As Imbo West will almost certainly soon reach Tier 1 category discovery, so will Imbo East, once drill delineated

 

 
 
 
 
 
 
Imbo East
Strike ( KM )
Max Soil PPB
Rock Chips ( Aver )
Channel Interc
 
 
 
 
( gms/ton )
gm/t
 
Esio Wapi
1.9
2230
7.1
1.58
 
Paradise
1.0
870
10.1
5.44
 
Museveni
3.2
5580
34.5
4.37
 
Mungo
3.1
1540
6.74
NA
 
 
 
 
 
 
 
Combined
9.2
2555
14.6
3.80
 
 
 
 
 
 
 
Imbo West
 
 
 
 
 
 
 
 
 
 
 
Adumbi
2.0
1000
NA
1.73
 
Manzako
1.4
NA
NA
1.73
 
Kitengi
2.0
450
NA
1.73
 
 
 
 
 
 
 
Combined
5.4
725
NA
1.73
 
 
 
 
 
 
 
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