Loncor reports ‘encouraging’ deep drilling results at Adumbi
TSX- and OTCQX-listed Loncor Gold has announced “encouraging” drilling results from a deep drilling programme at its 3.66-million-ounce Adumbi deposit in the Democratic Republic of Congo. The project has an indicated mineral resource of 1.88-million ounces of gold (28.19-million tonnes, grading 2.08 g/t gold) and an inferred mineral resource of 1.78-million ounces of gold (20.83-million tonnes, grading 2.65 g/t gold) within a $1 600/oz openpit shell.
TSX- and OTCQX-listed Loncor Gold has announced “encouraging” drilling results from a deep drilling programme at its 3.66-million-ounce Adumbi deposit in the Democratic Republic of Congo. The project has an indicated mineral resource of 1.88-million ounces of gold (28.19-million tonnes, grading 2.08 g/t gold) and an inferred mineral resource of 1.78-million ounces of gold (20.83-million tonnes, grading 2.65 g/t gold) within a $1 600/oz openpit shell.
