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Business Description

Loncor Resources Inc. is a gold exploration company focused on projects on the Ngayu Belt in the DRC. The company is looking to increase its gold resource through a fully funded drilling program, followed by a potential scoping study in 2021 at the 84.68% owned Adumbi deposit. Loncor’s total attributable resource currently stands at 2.7M ozs (29.17Mt @ 2.80g/t) of inferred and 0.6M ozs (2.21Mt @8.66g/t) of indicated resources; the resource also includes the 100% owned future drill target at Makapela. Additionally, Barrick Gold is fully funding up to feasibility a Joint Venture with Loncor on over +/-2 000km2 of Loncor’s Ngayu ground.

Website: https://loncor.com/


FRC Analyst's Reports

Loncor Resources Inc. (TSX: LN / OTCQX: LONCF / FSE: LO51) -JV with Barrick and Two Gold Projects with Resources in the DRC – Introductory Report Sep. 22, 2020


News

Latest Holes Drilled at Loncor’s Adumbi Deposit Intersect Further Significant Widths and Grades Jul. 12, 2021
Loncor Gold Announces Private Placement Financing Jun. 28, 2021
Loncor Announces Election of Directors Jun. 25, 2021
Loncor Announces Award of Adumbi PEA to SENET and Minecon Jun. 17, 2021
Loncor Files Updated NI 43-101 Technical Report on Imbo Project, Confirming Inferred Mineral Resource Increase to 3.466 Million Ounces Jun. 11, 2021