Loncor Resources Inc. is pleased to announce further significant assay results from its drilling program within its 84.68%-owned Imbo Project in the eastern part of the Ngayu greenstone belt in the Democratic Republic of the Congo. Borehole LADD013 drilled at its flagship Adumbi deposit, intersected 20.00 metres grading 4.21 grammes per tonne gold, 17.30 metres grading 2.48 g/t gold and 7.04 metres grading 2.68 g/t gold [...]
Loncor Resources Inc. is pleased to announce a 44% increase in mineral resources at its Adumbi deposit in the Imbo Project in the D.R. Congo. Compared to the inferred mineral resource of 2.19 million oz of gold outlined in April 2020, further drilling has now increased the Adumbi inferred mineral resource by 44% to 3.15 million ounces of gold, constrained within a US$1,500 open pit shell . 84.68% of this inferred mineral [...]
Loncor Resources Inc. is pleased to announce further significant assay results from its drilling program within its 84.68%-owned Imbo Project in the eastern part of the Ngayu greenstone belt in the DRC. The deepest borehole drilled to date at its flagship Adumbi deposit, LADD009 intersected 32.15 metres grading 6.17 g/t gold, 15.36 m grading 3.73 g/t gold, 5m grading 3.17 g/t gold and 7.45 metres grading 1.48 g/t gold [...]
Loncor Resources Inc. is pleased to announce further significant assay results from its drilling program within its 84.68% owned Imbo Project in the eastern part of the Ngayu greenstone belt in the DRC. The final infill core hole within the Adumbi open pit shell, LADD008 intersected 43.10 m grading 1.68 g/t gold, 0.78 m grading 21.8 g/t gold and 14.98 m grading 3.62 g/t gold including 3.09 metres grading 13.28 g/t gold [...]
Loncor Resources Inc. is pleased to announce that recent soil geochemical results have outlined four significant, undrilled mineralised trends at its 84.68%-owned Imbo Project. The focus of greenfields exploration by Loncor at Imbo East, along trend to the southeast from the 2.5 million ounce Adumbi, Kitenge and Manzako deposits previously delineated in the northwest of the 122 square kilometre project area. Core drilling [...]
Loncor Resources Inc. is pleased to announce further significant assay results from its drilling program within its 84.68% owned Imbo Project in the eastern part of the Ngayu greenstone belt in the Democratic Republic of the Congo. The deepest borehole drilled to date at its flagship Adumbi deposit, LADD007 intersected 55.43 metres grading 2.76 g/t gold. Assay results were also received for core hole LADD006, which was a [...]
Loncor Resources Inc. is pleased to announce that, further to its January 22, 2021 and February 3, 2021 press releases, it has closed the balance of its non-brokered private placement financing, such balance involving the issue of 3,500,000 units of the Company at a price of Cdn$0.50 per Unit for gross proceeds of Cdn$1,750,000. This final tranche of the Financing, together with the Cdn$4,000,000 first tranche which was [...]
Loncor Resources Inc. is pleased to announce that, further to its January 22, 2021 press release, it has closed a first tranche of its non-brokered private placement financing for 8,000,000 units of the Company at a price of Cdn$0.50 per Unit for gross proceeds of Cdn$4,000,000. Each Unit consists of one common share of the Company and one-half of one common share purchase warrant of the Company, with each Warrant [...]
Loncor Resources Inc. is pleased to announce a non-brokered private placement of up to 10,000,000 units of the Company at a price of Cdn$0.50 per Unit for gross proceeds of up to Cdn$5,000,000 . Each Unit will consist of one common share of the Company and one-half of one common share purchase warrant of the Company, with each Warrant entitling the holder thereof to acquire one common share of the Company at an exercise [...]
Loncor Resources Inc. is pleased to announce that the third core hole of a 7,000 metre drilling program at its Adumbi deposit has intersected significant gold intersections of 28.00 metres grading 3.26 g/t gold and 20.30 metres grading 2.83 g/t Au at its 84.68% owned Imbo Project in the eastern part of the Ngayu greenstone belt in the Democratic Republic of the Congo . Mineralized sections are summarised in the table [...]
Loncor Resources Inc. is pleased to announce that the second core hole of a 7,000 metre drilling program at its Adumbi deposit has intersected significant gold intersections of 33.30 metres grading 3.25 g/t gold and 10.45 metres grading 3.88 g/t Au, at its 84.68% owned Imbo Project in the eastern part of the Ngayu greenstone belt in the Democratic Republic of the Congo . Mineralized sections are summarised in the table [...]
Loncor Resources Inc. is pleased to announce that the first core hole of a 7,000 metre drilling program at its Adumbi deposit has intersected multiple gold sections including 20.33 metres grading 2.47 g/t gold , 7.33 metres grading 5.80 g/t Au and 20.77 metres grading 1.72 g/t Au, on its 84.68% owned Imbo Project in the eastern part of the Ngayu greenstone belt in the Democratic Republic of the Congo . Mineralized [...]
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