Loncor Gold Inc. is pleased to announce a non-brokered private placement of up to 5,000,000 units of the Company at a price of Cdn$0.55 per Unit for gross proceeds of up to Cdn$2,750,000 . 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 [...]
Preliminary Discussions held with Potential Strategic Partners TORONTO, Jan. 31, 2022 /CNW/ - Loncor Gold Inc. is pleased to announce that it has filed on SEDAR a National Instrument 43-101 technical report relating to the Preliminary Economic Assessment of the Company's proposed open pit Adumbi gold deposit within its 84.68%-owned Imbo Project in [...]
Pre-tax NPV of US$895 million and post-tax NPV of US$624 million for HEP Hybrid case at a US$1,600 gold price Using a US$1,760 gold price, post-tax NPV of US$879 million for HEP Hybrid case Average annual production of 303,000 ounces of gold over a 10.3 year life of mine within proposed pit shell Average total cash costs of US$852 per ounce over [...]
Indicated mineral resource of 1.88 million ounces of gold Inferred mineral resource of 1.78 million ounces of gold within US$1,600/oz pit shell TORONTO, Nov. 17, 2021 -- Loncor Gold Inc. is pleased to announce an increase and upgrade in mineral resources at its Adumbi deposit in the Imbo Project in the D.R. Congo. Compared to the inferred mineral [...]
Loncor Gold Inc. is pleased to announce 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 final borehole of this year's drilling program, borehole LADD026 drilled at its Adumbi deposit intersected 22.03 metres grading 5.11 [...]
Loncor Gold Inc. is pleased to announce 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 LADD023 drilled at its flagship Adumbi deposit intersected 34.63 metres grading 3.12 grammes per tonne gold and 29.82 metres grading [...]
Results from hole LADD024 reported 17.78 metres grading 3.20 g/t gold and 11.50 metres grading 3.47 g/t gold ; Hole LADD025 includes 19.10 metres grading 4.11 g/t gold , 14.60 metres grading 2.11 g/t gold TORONTO, Oct. 12, 2021 -- Loncor Gold Inc. is pleased to announce further significant assay results from its drilling program within its [...]
Loncor Gold Inc. is pleased to announce the appointment of Mr. John Barker as Chief Executive Officer of Loncor. Mr. Barker commented: "It's a privilege to have been appointed CEO through arguably the most exciting period of Loncor's history. Looking ahead, it will be key for the team to continue to expand the shareholder base while on the ground [...]
Loncor Gold 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 LADD021 drilled at its flagship Adumbi deposit, intersected 15.73 metres grading 5.28 grammes per tonne gold while [...]
Loncor Gold 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, LADD016, intersected 25.59 metres grading 2.39 grammes [...]
Loncor Gold Inc. is pleased to announce that, further to its June 28, 2021 press release, it has closed a non-brokered private placement of 7,850,000 units of the Company at a price of Cdn$0.70 per Unit for gross proceeds of Cdn$5,495,000 , an upsize of Cdn$595,000 from the Company's original Cdn$4,900,000 Financing amount. Each Unit consists of [...]
Loncor Gold 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 LADD017 drilled at its flagship Adumbi deposit, intersected 25.77 metres grading 6.24 grammes per tonne gold while [...]
