Loncor Resources Inc. is pleased to provide an update on its exploration activities within the Ngayu greenstone belt, where the Company has a joint venture with Barrick Gold Limited as well as its own majority-owned projects. Loncor received exploration reports from joint venture partner Barrick, who are managing and funding the joint venture that covers approximately 2,000 square kilometres of the Ngayu Archean [...]
Loncor Resources Inc. is pleased to announce that it has entered into two new agreements with its joint venture partner Barrick Gold Limited which further strengthen the Loncor and Barrick joint venture relationship in the Ngayu gold belt in the northeast of the Democratic Republic of the Congo . The ground covered by these agreements includes a number of priority, exploration targets already outlined by Barrick, two of [...]
Individual and institutional investors as well as advisors are invited to log-on to VirtualInvestorConferences.com to view presentations Virtual Investor Conferences, the leading proprietary investor conference series, today announced that the presentations from the Global Metals and Mining Virtual lnvestor Conference are now available for on-demand viewing. REGISTER OR LOGIN HERE: https://bit.ly/3dSUJ8X The company [...]
Loncor Resources Inc. is pleased to announce that drilling has now commenced on its 84.68% owned Imbo Project in the eastern part of the Ngayu greenstone belt in the Democratic Republic of the Congo. The objective of the drilling program is to outline additional mineral resources to the current 2.5 million ounces at the Adumbi, Kitenge and Manzako deposits . Core drilling will be undertaken with the objective to increase [...]
Company Executives share vision and answer questions live at VirtualInvestorConferences.com Virtual Investor Conferences, the leading proprietary investor conference series, today announced the agenda for the upcoming Global Metals and Mining Virtual lnvestor Conference. Individual investors, institutional investors, advisors, and analysts are invited to listen to the executive management of metals & mining companies [...]
Loncor Resources Inc. is pleased to announce that the recent exploration results have outlined a number of significant, undrilled mineralised trends at its 84.68%-owned Imbo Project. The focus of exploration by Loncor during 2020 has been along trend in the southeast of the Imbo Project from the 2.5 million ounce Adumbi, Kitenge and Manzako deposits previously delineated in the northwest of the 122 square kilometre [...]
Loncor Resources Inc. reports that its subsidiary, Adumbi Mining, has been restructured as per the requirements of the OHADA Uniform Act relating to commercial companies. OHADA Uniform Acts provide for a system of common business laws which have been adopted by seventeen West and Central African countries, including the Democratic Republic of the Congo . The restructuring has resulted in Loncor increasing its interest in [...]
Loncor Resources Inc. reports that its common shares are now quoted on the Frankfurt Stock Exchange under the trading symbol LO51. John Barker, VP of Business Development, commented: “Loncor has dramatically developed over the last 12 months with the Company growing through increased gold resources, ongoing exploration and the commencement of drilling by our JV partner, Barrick Gold. The listing on the Frankfurt Stock [...]
Loncor Resources Inc. announces that, further to its July 9, 2020 and July 31, 2020 press releases, it has closed the balance of its Cdn$5,000,000 non-brokered private placement financing , such balance involving the issue of 2,000,000 common shares of the Company at a price of Cdn$0.50 per share for gross proceeds of Cdn$1,000,000. The Company intends to use the proceeds from the Financing for a drill program to increase [...]
OTC Markets Group Inc. , operator of financial markets for 10,000 U.S. and global securities, announced Loncor Resources Inc. , a Canadian gold exploration company, has qualified to trade on the OTCQX® Best Market. Loncor Resources Inc. upgraded to OTCQX from the OTCQB® Venture Market. Loncor Resources Inc. began trading on OTCQX under the symbol "LONCF" on August 3, 2020. U.S. investors can find current financial [...]
Loncor Resources Inc. announces that, further to its July 9, 2020 press release, it has closed a first tranche of its non-brokered private placement financing for 8,000,000 common shares of the Company at a price of Cdn$0.50 per Offered Share for gross proceeds of Cdn$4,000,000. The Company expects to close the balance of the Financing within the next few weeks. The Company intends to use the proceeds from the Financing [...]
Loncor Resources Inc. is pleased to announce a non-brokered private placement of up to 10,000,000 common shares of the Company at a price of Cdn$0.50 per Offered Share for gross proceeds of up to Cdn$5,000,000. Closing of this financing is subject to receipt of all necessary approvals, including board and Toronto Stock Exchange approvals. The Company intends to use the proceeds from the Financing for a drill program on [...]
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