Loncor Gold Inc. is pleased to announce that it has entered into an agreement with Red Cloud Securities Inc. to act as sole agent and bookrunner in connection with a "best efforts" private placement for aggregate gross proceeds of up to C$5,000,000 from the sale of up to 9,090,909 units of the Company at a price of C$0.55 per Unit . Each Unit will consist of one common share of the Company and one-half of one common share [...]
Results from hole LADD029 reported 22.31 metres grading 3.05 g/t gold , 14.50 metres grading 4.24 g/t gold and 15.57 metres grading 3.35 g/t gold Loncor Gold Inc. is pleased to announce very encouraging drilling results from its deep drilling program at the Company's 3.66 million ounce Adumbi deposit, where an indicated mineral resource of 1.88 million ounces of gold , and an inferred mineral resource of 1.78 million [...]
Results from hole LADD028 reported 13.92 metres grading 6.01 g/t gold , 0.87 metres grading 82.97 g/t gold and 7.40 metres grading 1.49 g/t gold Loncor Gold Inc. is pleased to announce further encouraging drilling results from its drilling program at the Company's 3.66 million ounce Adumbi deposit where an indicated mineral resource of 1.88 million ounces of gold , and an inferred mineral resource of 1.78 million ounces [...]
Results from hole LADD027 reported 22.64 metres grading 4.77 g/t gold , 16.07 metres grading 5.82 g/t gold and 0.45 metres grading 26.94 g/t gold Loncor Gold Inc. is pleased to announce encouraging drilling results from its deep drilling program at the Company's 3.66 million ounce Adumbi deposit where an indicated mineral resource of 1.88 million ounces of gold , and an inferred mineral resource of 1.78 million ounces of [...]
TORONTO, Jan. 27, 2025 /CNW/ - Loncor Gold Inc. reports that operations and logistics for the Company's Adumbi gold exploration project remain unaffected by the recent developments in the city of Goma, which is about 746 kilometres southeast from Adumbi. Two drill rigs continue to drill the Adumbi deposit with the aim of furthering the resource towards the Company's 5M oz target. About Loncor Gold Inc. Loncor is a [...]
Loncor Gold is pleased to announce encouraging drilling results from a scout drilling program along trend from the Company's 3.66 million ounce Adumbi deposit where an indicated mineral resource of 1.88 million ounces of gold, and an inferred mineral resource of 1.78 million ounces of gold have already been delineated within a USD1,600/oz open pit shell. Scout drilling using a man-portable core rig has been completed on [...]
Loncor Gold Inc. is pleased to announce that a 11,000 metre deep drilling program has commenced below the Adumbi open pit where an indicated mineral resource of 1.88 million ounces of gold , and an inferred mineral resource of 1.78 million ounces of gold have already been delineated within a USD1,600/oz open pit shell. The gold mineralisation is open at depth at Adumbi and the banded ironstone host thickens at depth [...]
Loncor Gold is pleased to announce that drilling equipment and personnel have arrived at the Adumbi camp to resume drilling on the Company's flagship Adumbi gold project and at four prospects within the Imbo exploitation licence and where Loncor Gold has a 84.68% attributable interest. Adumbi is situated approximately 220 kilometres from Africa's largest gold mine, Barrick Gold/ AngloGold Ashanti's Kibali Gold Mine, a hub [...]
Loncor Gold announces that the six nominees listed in the Company's management information circular for the annual meeting of shareholders of the Company held on Thursday, June 27, 2024 were elected at the Meeting as directors of Loncor. The vote was conducted by a show of hands. The following are details of this vote: Name Votes For % Votes For Votes Withheld % Votes Withheld Kevin R. Baker 66,803,439 99.88 % 79,300 0.12 [...]
Two rigs will target gold mineralisation below the open pit and an additional rig will undertake scout drilling of four exploration targets along the mineralised structural trend Loncor Gold Inc. is pleased to announce that drill contracts have been signed and three core rigs are now being mobilised to the Company's flagship Adumbi gold project within the Imbo exploitation licence and where Loncor has a 84.68 [...]
Loncor Gold Inc. announces that it has applied to the Toronto Stock Exchange to extend the expiry dates of a total of 3,375,000 outstanding common share purchase warrants of the Company . The Warrants were issued as part of a private placement of securities of the Company which closed in June 2022. Each of these Warrants has an exercise price of Cdn$0.75 per share. Currently, 350,000 of these Warrants have an expiry date [...]
Exploration Target of Adumbi Underground estimated to be in the range of 8.9 million tonnes to 9.6 million tonnes grading from 4.7 g/t Au to 4.9 g/t Au below USD1,600/oz pit shell Loncor Gold Inc. is pleased to announce that drilling tenders have been sent to a number of drilling companies to bid on a 11,000-metre-deep drilling program at its priority gold exploration target below the Adumbi USD1,600/oz pit shell. It is [...]
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