Company
Loncor Gold Inc.
TSE:LN
Loncor Gold Inc is a Canadian gold exploration company focused on projects on the Ngayu Belt in the Democratic Republic of the Congo. The Adumbi gold deposit is the current focus of Loncor's activity and can be found within Loncor's 84.68% owned Imbo Project. Loncor has Africa’s largest gold producer, the Barrick-managed Kibali Gold mine as a neighbour 130 miles away.
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Loncor Gold moves one step closer to earning a mining permit for Makapela gold project in the DRC
The mining permit would apply to the potential development of the 1.164 million ounce Makapela gold resource found within the Ngayu Greenstone Gold Belt in the northeast of the Democratic Republic of the Congo
Loncor Gold applies for exploitation permit to develop its Makapela gold resource in the Ngayu greenstone gold belt
The Makapela gold resource boasts an indicated resource of 614,200 ounces of gold and an inferred resource of 549,600 ounces at a 2.75 grams per ton gold cut-off
Loncor Gold closes C$3.38M private placement financing
The Canadian gold exploration company said it plans to use the proceeds for the development of its Adumbi and Makapela gold deposits and for general corporate purposes
Loncor Gold upsizes non-brokered private placement financing for gross proceeds of up to C$3.375M from C$2.5M
The company said it intends to use the proceeds from the financing for continued development of its Adumbi and Makapela gold deposits and for general corporate purposes
Loncor Gold announces non-brokered private placement for gross proceeds of up to C$2.5M
The company said it intends to use the proceeds from the financing for the continued development of the company's Adumbi and Makapela gold deposits and for general corporate purposes
Loncor Gold says discussions continue with potential partners over development of DRC gold deposits
The Africa-focused gold explorer noted initiation of these discussions was driven largely by the Preliminary Economic Assessment (PEA) conducted on the company's 84.7%-owned Adumbi deposit
Loncor Gold closes upsized non-brokered private placement of 5,650,000 units for gross proceeds of C$3,107,500
The company said it intends to use the proceeds from the financing for continued development of its Adumbi and Makapela gold deposits and for general corporate purposes
Loncor Gold announces non-brokered private placement for gross proceeds of up to C$2.75M
The company said it intends to use the proceeds from the financing for continued development of its Adumbi and Makapela gold deposits and for general corporate purposes
Loncor Gold files Adumbi deposit PEA; says it's in 'preliminary discussions' with potential strategic partners
The study was based on an Adumbi indicated resource of 1.88 million ounces of gold (28.185 million tonnes grading 2.08 g/t gold) and inferred of 1.78 million ounces (20.828 million tonnes grading 2.65 g/t gold) constrained within a US$1,600
Loncor Gold says Adumbi preliminary assessment signals robust project over life of the mine
The analysis found average total cash costs of US$852 per ounce over the life of the mine and all-in sustaining costs of US$950 per ounce for sticking with a HEP Hybrid power case
Loncor Gold announces an increase and upgrade in mineral resources at its Adumbi deposit in the Imbo Project in the DRC
Loncor’s President Peter Cowley commented: “This increase in mineral resources within a US$1,600 pit shell to 3.66 million ounces of gold includes an indicated mineral resource of 1.88 million ounces of gold and was achieved by infill drill
Loncor Gold reports multiple wide high-grade gold intersections at its Democratic Republic of Congo-based drill program
Loncor President Peter Cowley noted that drilling has been completed for this year with “the immediate focus now being ongoing metallurgical, processing, mining, infrastructural, environmental, and financial studies"
Loncor receives ‘very good’ wide gold intercepts from infill drill program at Adumbi deposit
The company highlighted Borehole LADD023 which was drilled at its flagship Adumbi deposit and intersected 34.63 metres grading 3.12 grams per tonne gold
Loncor Gold has the attention of major miners with its prospective gold projects in the DRC
The company’s flagship project, Imbo, sits on the eastern portion of the Ngayu belt and contains numerous targets including three resource-bearing gold deposits
Loncor Gold releases promising assays from infill drill program at Imbo in DRC
The precious metals explorer also highlighted the ‘significant mineralized’ results from borehole LADD024, which intersected 11.50 (m) grading 3.47 g/t gold, including 2.33m grading 7.79 g/t gold
Loncor promotes VP of business development John Barker to CEO
The company said Barker has been involved in various copper, diamond and platinum corporate initiatives in Southern Africa including consulting for the globally recognised mining entrepreneur Robert Friedland
Loncor Gold's latest holes at Adumbi deposit in DRC augur well for improving the resource
The reported results come from four holes at the Adumbi deposit at the site, which hit significant widths and grades
Loncor Gold says deepest hole drilled at Adumbi deposit intersects ‘wide zones’ of gold mineralization
The deepest borehole drilled to date at its flagship Adumbi deposit, LADD016, intersected 25.59m grading 2.39 g/t gold
Loncor Gold closes its upsized C$5.5M private placement financing
Loncor said it intends to use the proceeds for continued exploration and development of its Imbo project in the Democratic Republic of the Congo
Loncor Gold says latest holes drilled at Adumbi deposit intersect significant widths and grades
Results include 25.77 metres grading 6.24 grammes per tonne (g/t) gold, including 9.29 metres grading 9.68 g/t gold and 5.50 metres grading 9.75 g/t gold at the Adumbi deposit, in the firm’s Imbo Project
Loncor Gold launches non-brokered private placement to raise C$4.9M
The placement will consist of up to 7 million units of the company priced at C$0.70 per unit
Loncor Gold awards preliminary economic assessment contract for its Adumbi deposit to SENET and Minecon
Adumbi boasts an inferred resource of 41.32 million tons grading 2.37 grams per ton for 3.15 million ounces of gold
Loncor Resources changes its name to Loncor Gold to reflect its primary exploration ambitions
Loncor expects its shares to begin trading on the Toronto Stock Exchange under the new name on Thursday, June 10
Loncor says hole drilled at its Adumbi deposit intersects significant widths and grades in gold zones
The results included 20 metres grading 4.21 grams per tonne (g/t) gold, including 11 metres grading 6.91 g/t gold, and 17.30 metres grading 2.48 g/t gold
Loncor Resources lifts inferred open pit resource at Adumbi deposit by 44%
Further drilling has now raised the resource at Adumbi by 44% to 3.15 million ounces of gold, compared to 2.19 million ounces in a 2020 report
Loncor Resources drills deepest hole on Adumbi deposit, revealing significant widths and gold grades in multiple zones
Thursday’s results, when combined with previous results from the ongoing drilling program, indicate that gold grades are increasing at depth, according to the company
Loncor Resources releases further positive results from drilling program at Adumbi deposit
Loncor president Peter Cowley told investors that the company continues to be impressed with the drill results from Adumbi
Loncor Resources outlines four significant mineralized trends along eastern stretch of Imbo property
The company received analytical results for all soil samples from the completed 5.4 kilometre by 2.3 kilometre grid east of the Imbo River, which outlined four significant mineralized trends
Loncor Resources reports drilling results from deepest borehole to date at Imbo gold project
Hole LADD007, intersected 55.43 metres grading 2.76 grams per ton of gold, including 12.45 metres grading 8.11 grams per ton
Loncor Resources closes upsized $5.75 million private placement financing
The company said it intends to use the private placement funds for continued exploration and development of its Imbo Project in the Democratic Republic of the Congo
Loncor Resources closes first tranche of its private placement, receives C$4M in gross proceeds
Loncor said 1.4 million units of the private placement were purchased by company insiders
Loncor Resources unveils non-brokered private placement of up to 10,000,000 units at a price of C$0.50 each for gross proceeds of up to C$5M
The company said it intends to use the proceeds from the financing for continued exploration and development of its Imbo Project, including additional drilling on the Adumbi gold deposit, and for general corporate purposes
Loncor Resources says third core hole at Adumbi deposit in the DRC indicates significant gold intersection
In a statement, the company noted the intersection was at 28 metres grading 3.26 grams per ton of gold
Loncor Resources hits significant gold intercepts in second hole at Adumbi deposit, DRC
Assays included 33.30m at a grade of 3.25 g/t gold, which included an intercept of 5.70m at 7 g/t of the yellow metal
Loncor Resources reports “multiple gold intercepts” in initial drilling at its Adumbi deposit in the DRC
Drill results from the company's 84.68% owned Imbo Project in the Democratic Republic of the Congo include 20.33 metres grading 2.47 g/t gold
Loncor Resources updates on Barrick's exploration in DRC where new high-priority targets have been identified
The venture covers around 2,000 square kilometres and operator Barrick, which can earn up to 65%, has provided the firm with exploration reports
Loncor Resources and Barrick Gold strengthen JV in the Democratic Republic of the Congo's Ngayu gold belt
The ground covered by the two new JV agreements includes a number of priority exploration targets already outlined by Barrick, two of which are ready for initial scout core drilling
Loncor Resources hoping to add ounces to resource at Imbo project with new drilling program in the Democratic Republic of Congo
Drilling is expected to focus on the Adumbi deposit, which contains 2.2 million ounces of gold
Loncor Resources reveals new mineralized trends at its flagship Imbo project in the Democratic Republic of the Congo
Exploration work outlined three significant mineralized trends around 10 km southeast of the firm's 2.5-million-ounce Adumbi deposit
Resolute Mining seeks listing on Main Market of the London Stock Exchange
The gold producer believes the listing will facilitate improved access to gold and African-focused institutional investors.
Diggers and Dealers Mining Forum gold plays to make up 21% of presenters
A bevy of gold miners and developers will front Diggers audiences this week at the presenters’ podium.
Resolute Mining completes investments in gold juniors
Fellow ASX-listed Manas Resource has a large portfolio in Cote d’Ivoire.
Resolute Mining acquires 27% stake in gold explorer focused on DRC
The company now owns 51 million shares in Canadian-based Loncor Resources Inc.