Loncor Gold Continues to Report Multiple, High Grade Gold Intersections at Its Drill Program at Adumbi

Original announcement by tmx on

Company
Loncor Gold Inc.
Ticker
LN
Exchange
TSX
Region
Democratic Republic of the Congo
Primary commodity
Gold
Secondary commodities
None reported
Document categories
Drill results
Extracted
2026-08-21 03:53:38 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Loncor Gold has reported multiple high-grade gold intersections from its deep drilling program at the Adumbi deposit, including a significant 1.36m intercept at 298 g/t Au. The results from hole LADD033 suggest potential for underground mining below the existing open pit shell.

Reasoning: The release reports several high-grade gold intercepts, including a bonanza-grade interval of 298 g/t Au, and provides clear QA/QC and true-width context.

Positive factors

  • Bonanza intercept of 298 g/t Au
  • Multiple high-grade intersections
  • QA/QC disclosed
  • True width estimation provided

Facts used in scoring: 9

Classification and evidence

Bonanza Interceptpositive

Exceptionally high-grade zone, well above the deposit-type norm.

Why it applies: 1.36m at 298 g/t gold is exceptionally high grade.

Evidence · text

“1.36 metres grading 298 g/t gold”

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: Release details use of SGS laboratory, standards, blanks, and duplicates.

Evidence · text

“internationally recognized standards, blanks and duplicates were inserted”

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: The company provides an estimate that true width is approximately 72% of intersected widths.

Evidence · text

“true width of the mineralised sections for core hole LADD033 is approximately 72%”

Extracted facts

Stored fact records: 9. Some facts used in scoring do not have a stored record.

Drill Results (9)

LADD033Adumbi · goldGrade: 4.19Grade Unit: g/tIntercept: 26.36 mView all details
Link to this fact

Identity

Hole ID
LADD033
Project
Adumbi
Commodity
gold
Region
democratic republic of the congo
Reported Region
Democratic Republic of the Congo
Ticker
LN

Geometry

Grade
4.19
Grade Unit
g/t
Intercept
26.36 m
True Width
18.98 m
From
469 m
To
495.36 m

Classification

Sample Type
drill
Group ID
LADD033:469.0-495.36
Mining Method
underground

QA/QC

Laboratory
SGS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates, check_assays

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-15T00:00:00.000Z

Reasoning: Solid gold intercept at depth.

Positive factors

  • Strong grade and width

Evidence · table

“4.19”

Context: 26.36

LADD033Adumbi · goldGrade: 15.23Grade Unit: g/tIntercept: 3.6 mView all details
Link to this fact

Identity

Hole ID
LADD033
Project
Adumbi
Commodity
gold
Region
democratic republic of the congo
Reported Region
Democratic Republic of the Congo
Ticker
LN

Geometry

Grade
15.23
Grade Unit
g/t
Intercept
3.6 m
True Width
2.59 m
From
490.95 m
To
494.55 m

Classification

Sample Type
drill
Group ID
LADD033:490.95-494.55
Mining Method
underground

QA/QC

Laboratory
SGS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates, check_assays

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-15T00:00:00.000Z

Reasoning: High grade within the larger intercept.

Positive factors

  • High grade sub-interval

Evidence · table

“15.23”

Context: 3.60

LADD033Adumbi · goldGrade: 1.25Grade Unit: g/tIntercept: 14.95 mView all details
Link to this fact

Identity

Hole ID
LADD033
Project
Adumbi
Commodity
gold
Region
democratic republic of the congo
Reported Region
Democratic Republic of the Congo
Ticker
LN

Geometry

Grade
1.25
Grade Unit
g/t
Intercept
14.95 m
True Width
10.76 m
From
504.23 m
To
519.18 m

Classification

Sample Type
drill
Group ID
LADD033:504.23-519.18
Mining Method
underground

QA/QC

Laboratory
SGS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates, check_assays

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-15T00:00:00.000Z

Reasoning: Moderate grade intercept.

Evidence · table

“1.25”

Context: 14.95

LADD033Adumbi · goldGrade: 2.13Grade Unit: g/tIntercept: 6.87 mView all details
Link to this fact

Identity

Hole ID
LADD033
Project
Adumbi
Commodity
gold
Region
democratic republic of the congo
Reported Region
Democratic Republic of the Congo
Ticker
LN

Geometry

Grade
2.13
Grade Unit
g/t
Intercept
6.87 m
True Width
4.95 m
From
504.23 m
To
511.1 m

Classification

Sample Type
drill
Group ID
LADD033:504.23-511.1
Mining Method
underground

QA/QC

Laboratory
SGS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates, check_assays

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-15T00:00:00.000Z

Reasoning: Sub-interval with slightly higher grade.

Evidence · table

“2.13”

Context: 6.87

LADD033Adumbi · goldGrade: 6.92Grade Unit: g/tIntercept: 15.49 mView all details
Link to this fact

Identity

Hole ID
LADD033
Project
Adumbi
Commodity
gold
Region
democratic republic of the congo
Reported Region
Democratic Republic of the Congo
Ticker
LN

Geometry

Grade
6.92
Grade Unit
g/t
Intercept
15.49 m
True Width
11.15 m
From
533.28 m
To
548.77 m

Classification

Sample Type
drill
Group ID
LADD033:533.28-548.77
Mining Method
underground

QA/QC

Laboratory
SGS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates, check_assays

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-15T00:00:00.000Z

Reasoning: High grade intercept at depth.

Positive factors

  • Strong grade and width

Evidence · table

“6.92”

Context: 15.49

LADD033Adumbi · goldGrade: 8.64Grade Unit: g/tIntercept: 11.96 mView all details
Link to this fact

Identity

Hole ID
LADD033
Project
Adumbi
Commodity
gold
Region
democratic republic of the congo
Reported Region
Democratic Republic of the Congo
Ticker
LN

Geometry

Grade
8.64
Grade Unit
g/t
Intercept
11.96 m
True Width
8.61 m
From
536.81 m
To
548.77 m

Classification

Sample Type
drill
Group ID
LADD033:536.81-548.77
Mining Method
underground

QA/QC

Laboratory
SGS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates, check_assays

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-15T00:00:00.000Z

Reasoning: Strong high-grade sub-interval.

Positive factors

  • High grade sub-interval

Evidence · table

“8.64”

Context: 11.96

LADD033Adumbi · goldGrade: 3.24Grade Unit: g/tIntercept: 16.4 mView all details
Link to this fact

Identity

Hole ID
LADD033
Project
Adumbi
Commodity
gold
Region
democratic republic of the congo
Reported Region
Democratic Republic of the Congo
Ticker
LN

Geometry

Grade
3.24
Grade Unit
g/t
Intercept
16.4 m
True Width
11.81 m
From
573.6 m
To
590 m

Classification

Sample Type
drill
Group ID
LADD033:573.6-590.0
Mining Method
underground

QA/QC

Laboratory
SGS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates, check_assays

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-15T00:00:00.000Z

Reasoning: Good width and moderate grade.

Evidence · table

“3.24”

Context: 16.40

LADD033Adumbi · goldGrade: 7.75Grade Unit: g/tIntercept: 6.11 mView all details
Link to this fact

Identity

Hole ID
LADD033
Project
Adumbi
Commodity
gold
Region
democratic republic of the congo
Reported Region
Democratic Republic of the Congo
Ticker
LN

Geometry

Grade
7.75
Grade Unit
g/t
Intercept
6.11 m
True Width
4.38 m
From
576 m
To
582.11 m

Classification

Sample Type
drill
Group ID
LADD033:576.0-582.11
Mining Method
underground

QA/QC

Laboratory
SGS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates, check_assays

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-15T00:00:00.000Z

Reasoning: Strong high-grade sub-interval.

Positive factors

  • High grade sub-interval

Evidence · table

“7.75”

Context: 6.11

LADD033Adumbi · goldGrade: 298Grade Unit: g/tIntercept: 1.36 mView all details
Link to this fact

Identity

Hole ID
LADD033
Project
Adumbi
Commodity
gold
Region
democratic republic of the congo
Reported Region
Democratic Republic of the Congo
Ticker
LN

Geometry

Grade
298
Grade Unit
g/t
Intercept
1.36 m
True Width
0.97 m
From
603.94 m
To
605.3 m

Classification

Sample Type
drill
Group ID
LADD033:603.94-605.3
Mining Method
underground

QA/QC

Laboratory
SGS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates, check_assays

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-15T00:00:00.000Z

Reasoning: Exceptional bonanza grade intercept.

Positive factors

  • Bonanza Intercept

Evidence · table

“298”

Context: 1.36

How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.