# Loncor Gold Reports Final Drill Assays from Its Deepest Drill Hole at Adumbi

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/loncor-gold-reports-final-drill-assays-from-its-deepest-drill-hole-at-adumbi--c6204c55-635c-4047-b120-de17f385bdf1

Original source: https://money.tmx.com/en/quote/LN/news/7238251262518522/loncor-gold-reports-final-drill-assays-from-its-deepest-drill-hole-at-adumbi

Publisher: tmx

Original announcement: 2025-05-06T11:45:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- 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, Resource update

- Extracted: 2026-08-21 08:25:21 UTC

Narrative sentiment: 0.60 · Bullish

## Minestarters Atlas summary

Loncor Gold has released final drill assay results from its deepest borehole, LADD029, at the Adumbi deposit. The results confirm high-grade gold mineralization at depth, supporting the potential for a significant underground resource below the existing open pit.

Reasoning: The release reports final assays from the deepest hole \(LADD029\), confirming significant gold mineralization at depth which supports the company's underground potential thesis, although some results were previously reported.

- Positive factor: significant underground potential

- Positive factor: thickening BIF host

- Positive factor: high grade intercepts

- Negative factor: partial historical restatement

Facts used in scoring: 9

## Classification and evidence

**QA/QC Disclosed**

Polarity: positive

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

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

Evidence · text

> internationally recognized standards, blanks and duplicates were inserted

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The results are described as final assays from a specific hole, part of ongoing delineation.

Evidence · text

> Final results for LADD029

## Extracted facts

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

## Drill Results (9)

### LADD029

[Link to this fact](https://atlas-staging.minestarters.com/news/loncor-gold-reports-final-drill-assays-from-its-deepest-drill-hole-at-adumbi--c6204c55-635c-4047-b120-de17f385bdf1#fact-drill-facts-0)

Adumbi · gold

#### Identity

- Hole ID: LADD029
- Project: Adumbi
- Commodity: gold
- Region: democratic republic of the congo
- Reported Region: Democratic Republic of the Congo
- Ticker: LN

#### Geometry

- Grade: 1.34
- Grade Unit: g/t
- Intercept: 6.91 m
- From: 672.04 m
- To: 678.95 m

#### Classification

- Program: exploration
- Sample Type: drill
- 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: 2025-05-06T00:00:00.000Z

Reasoning: Standard intercept at depth.

Evidence · table

> 1.34

Context: 6.91

### LADD029

[Link to this fact](https://atlas-staging.minestarters.com/news/loncor-gold-reports-final-drill-assays-from-its-deepest-drill-hole-at-adumbi--c6204c55-635c-4047-b120-de17f385bdf1#fact-drill-facts-1)

Adumbi · gold

#### Identity

- Hole ID: LADD029
- Project: Adumbi
- Commodity: gold
- Region: democratic republic of the congo
- Reported Region: Democratic Republic of the Congo
- Ticker: LN

#### Geometry

- Grade: 4.24
- Grade Unit: g/t
- Intercept: 14.5 m
- From: 713 m
- To: 727.5 m

#### Classification

- Program: exploration
- Sample Type: drill
- 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: 2025-05-06T00:00:00.000Z

Reasoning: Strong gold intercept at depth.

- Positive factor: strong grade

Evidence · table

> 4.24

Context: 14.50

### LADD029

[Link to this fact](https://atlas-staging.minestarters.com/news/loncor-gold-reports-final-drill-assays-from-its-deepest-drill-hole-at-adumbi--c6204c55-635c-4047-b120-de17f385bdf1#fact-drill-facts-2)

Adumbi · gold

#### Identity

- Hole ID: LADD029
- Project: Adumbi
- Commodity: gold
- Region: democratic republic of the congo
- Reported Region: Democratic Republic of the Congo
- Ticker: LN

#### Geometry

- Grade: 5.23
- Grade Unit: g/t
- Intercept: 10.17 m
- From: 717.33 m
- To: 727.5 m

#### Classification

- Program: exploration
- Sample Type: drill
- 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: 2025-05-06T00:00:00.000Z

Reasoning: High grade sub-interval.

- Positive factor: high grade

Evidence · table

> 5.23

Context: 10.17

### LADD029

[Link to this fact](https://atlas-staging.minestarters.com/news/loncor-gold-reports-final-drill-assays-from-its-deepest-drill-hole-at-adumbi--c6204c55-635c-4047-b120-de17f385bdf1#fact-drill-facts-3)

Adumbi · gold

#### Identity

- Hole ID: LADD029
- Project: Adumbi
- Commodity: gold
- Region: democratic republic of the congo
- Reported Region: Democratic Republic of the Congo
- Ticker: LN

#### Geometry

- Grade: 3.05
- Grade Unit: g/t
- Intercept: 22.31 m
- From: 750.26 m
- To: 772.57 m

#### Classification

- Program: exploration
- Sample Type: drill
- 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: 2025-05-06T00:00:00.000Z

Reasoning: Significant width and grade intercept.

- Positive factor: good width

- Positive factor: strong grade

Evidence · table

> 3.05

Context: 22.31

### LADD029

[Link to this fact](https://atlas-staging.minestarters.com/news/loncor-gold-reports-final-drill-assays-from-its-deepest-drill-hole-at-adumbi--c6204c55-635c-4047-b120-de17f385bdf1#fact-drill-facts-4)

Adumbi · gold

#### Identity

- Hole ID: LADD029
- Project: Adumbi
- Commodity: gold
- Region: democratic republic of the congo
- Reported Region: Democratic Republic of the Congo
- Ticker: LN

#### Geometry

- Grade: 5.83
- Grade Unit: g/t
- Intercept: 4.64 m
- From: 753.56 m
- To: 771.14 m

#### Classification

- Program: exploration
- Sample Type: drill
- 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: 2025-05-06T00:00:00.000Z

Reasoning: High grade sub-interval.

- Positive factor: bonanza grade

Evidence · table

> 5.83

Context: 4.64

### LADD029

[Link to this fact](https://atlas-staging.minestarters.com/news/loncor-gold-reports-final-drill-assays-from-its-deepest-drill-hole-at-adumbi--c6204c55-635c-4047-b120-de17f385bdf1#fact-drill-facts-5)

Adumbi · gold

#### Identity

- Hole ID: LADD029
- Project: Adumbi
- Commodity: gold
- Region: democratic republic of the congo
- Reported Region: Democratic Republic of the Congo
- Ticker: LN

#### Geometry

- Grade: 2.55
- Grade Unit: g/t
- Intercept: 28.72 m
- From: 802.2 m
- To: 830.92 m

#### Classification

- Program: exploration
- Sample Type: drill
- 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: 2025-05-06T00:00:00.000Z

Reasoning: Wide intercept at depth.

- Positive factor: large width

Evidence · table

> 2.55

Context: 28.72

### LADD029

[Link to this fact](https://atlas-staging.minestarters.com/news/loncor-gold-reports-final-drill-assays-from-its-deepest-drill-hole-at-adumbi--c6204c55-635c-4047-b120-de17f385bdf1#fact-drill-facts-6)

Adumbi · gold

#### Identity

- Hole ID: LADD029
- Project: Adumbi
- Commodity: gold
- Region: democratic republic of the congo
- Reported Region: Democratic Republic of the Congo
- Ticker: LN

#### Geometry

- Grade: 3.35
- Grade Unit: g/t
- Intercept: 16.48 m
- From: 802.2 m
- To: 818.68 m

#### Classification

- Program: exploration
- Sample Type: drill
- 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: 2025-05-06T00:00:00.000Z

Reasoning: High grade sub-interval.

- Positive factor: strong grade

Evidence · table

> 3.35

Context: 16.48

### Fact 8

[Link to this fact](https://atlas-staging.minestarters.com/news/loncor-gold-reports-final-drill-assays-from-its-deepest-drill-hole-at-adumbi--c6204c55-635c-4047-b120-de17f385bdf1#fact-drill-facts-7)

gold

#### Identity

- Commodity: gold
- Ticker: LN

#### Geometry

- Grade: 2.08
- Grade Unit: g/t

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2025-05-06T00:00:00.000Z

Reasoning: Existing indicated resource mentioned for context.

Evidence · text

> indicated mineral resource of 1.88 million ounces of gold \(28.185 million tonnes grading 2.08 g/t Au\)

### Fact 9

[Link to this fact](https://atlas-staging.minestarters.com/news/loncor-gold-reports-final-drill-assays-from-its-deepest-drill-hole-at-adumbi--c6204c55-635c-4047-b120-de17f385bdf1#fact-drill-facts-8)

gold

#### Identity

- Commodity: gold
- Ticker: LN

#### Geometry

- Grade: 2.65
- Grade Unit: g/t

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2025-05-06T00:00:00.000Z

Reasoning: Existing inferred resource mentioned for context.

Evidence · text

> inferred mineral resource of 1.78 million ounces of gold \(20.83 million tonnes grading 2.65 g/t Au\)

## 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.
