Loncor Receives Award of Excellence From Regional Government, Orientale Province, D.R. Congo

At the award ceremony that was held in Kisangani on April 30, 2011, eight chiefdoms were also represented from the Ngayu project area and they commended Loncor as a model which other mining companies in the Province should follow and pledged continued support from their communities. The Provincial Minister of Mines and the Vice Governor also commended Loncor on its activities in the Province. In response, Loncor's General Manager Fabrice Matheys thanked the Provincial authorities for the Award of Excellence and pledged continuing cooperation with the Provincial authorities
Commenting on Loncor's award, Peter Cowley, President and CEO of the Company, said: “We are honoured to be given this Excellence Award for our exploration activities in our Ngayu project area. From the onset we have had excellent relations with the Provincial authorities and local communities where we operate and it is pleasing to know that this is appreciated by all concerned“.
The Loncor Foundation, a registered charity in the DRC funded by the Company, was established in 2009 to manage programs in Orientale and North Kivu provinces with the goal of improving the quality of life and opportunities for communities near the Company's exploration projects. The Loncor Foundation focuses primarily on health and education projects and undertakes projects recommended by local community leaders. Projects completed to date include a new primary school, the rehabilitation of a community hospital and support for a community electrification project. The Foundation is currently constructing a new medical clinic, among other ongoing initiatives.
Loncor is a gold exploration company with two projects in the DRC: the Ngayu and North Kivu projects. Additional information with respect to the Company's projects can be found on the Company's web site at www.loncor.com.
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For further information:
please visit our website at www.loncor.com or contact: Peter N. Cowley, President and Chief Executive Officer, Telephone: + 44 (0) 790 454 0856; or Arnold T. Kondrat, Executive Vice President, or Tomas D. Sipos, Vice President, Corporate Development, Telephone: (416) 366-2221 or 1 (800) 714-7938