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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]