Loncor Gold Reports Multiple 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, Other
Extracted
2026-08-21 05:09:21 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 in the DRC. Notably, hole LADD031 intersected 12.72 metres at 8.56 g/t gold, situated approximately 265 metres below the current open pit shell.

Reasoning: Drilling at depth (570m) below the existing open pit shell returned several high-grade gold intercepts, including a 12.72m @ 8.56 g/t Au interval, demonstrating continuity of the BIF-hosted mineralization.

Positive factors

  • high-grade intercepts
  • extension below pit shell
  • QA/QC disclosed

Negative factors

  • true width estimated

Facts used in scoring: 8

Classification and evidence

QA/QC Disclosedpositive

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 use of an independent SGS laboratory.

Evidence · text

“internationally recognized standards, blanks and duplicates were inserted”

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: The document states that true width is estimated at approximately 70% of the intersected widths.

Evidence · text

“true width of the mineralised sections... is approximately 70% of the intersected widths”

Extracted facts

Stored fact records: 8. Some facts used in scoring do not have a stored record.

Drill Results (8)

LADD031Adumbi · goldGrade: 1.95Grade Unit: g/tIntercept: 4.35 mView all details
Link to this fact

Identity

Hole ID
LADD031
Project
Adumbi
Commodity
gold
Region
democratic republic of the congo
Reported Region
Democratic Republic of the Congo
Ticker
LN

Geometry

Grade
1.95
Grade Unit
g/t
Intercept
4.35 m
From
541.2 m
To
545.55 m

Classification

Program
exploration
Sample Type
drill
Group ID
LADD031:541.2-545.55
Mining Method
open_pit

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
2025-10-23T00:00:00.000Z

Reasoning: Low grade intercept of 1.95 g/t Au.

Evidence · table

“1.95”

Context: 4.35

LADD031Adumbi · goldGrade: 8.56Grade Unit: g/tIntercept: 12.72 mView all details
Link to this fact

Identity

Hole ID
LADD031
Project
Adumbi
Commodity
gold
Region
democratic republic of the congo
Reported Region
Democratic Republic of the Congo
Ticker
LN

Geometry

Grade
8.56
Grade Unit
g/t
Intercept
12.72 m
From
559 m
To
571.72 m

Classification

Program
exploration
Sample Type
drill
Group ID
LADD031:559.0-571.72
Mining Method
open_pit

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
2025-10-23T00:00:00.000Z

Reasoning: Strong intercept of 8.56 g/t Au over 12.72m, located below the pit shell.

Positive factors

  • strong grade
  • good width

Negative factors

  • true width estimated

Evidence · table

“8.56”

Context: 12.72

LADD031Adumbi · goldGrade: 11.23Grade Unit: g/tIntercept: 6.15 mView all details
Link to this fact

Identity

Hole ID
LADD031
Project
Adumbi
Commodity
gold
Region
democratic republic of the congo
Reported Region
Democratic Republic of the Congo
Ticker
LN

Geometry

Grade
11.23
Grade Unit
g/t
Intercept
6.15 m
From
560.2 m
To
566.35 m

Classification

Program
exploration
Sample Type
drill
Group ID
LADD031:560.2-566.35
Mining Method
open_pit

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
2025-10-23T00:00:00.000Z

Reasoning: High grade sub-interval within the 8.56 g/t intercept.

Positive factors

  • high grade

Evidence · table

“11.23”

Context: 6.15

LADD031Adumbi · goldGrade: 12.99Grade Unit: g/tIntercept: 2.75 mView all details
Link to this fact

Identity

Hole ID
LADD031
Project
Adumbi
Commodity
gold
Region
democratic republic of the congo
Reported Region
Democratic Republic of the Congo
Ticker
LN

Geometry

Grade
12.99
Grade Unit
g/t
Intercept
2.75 m
From
568.3 m
To
571.05 m

Classification

Program
exploration
Sample Type
drill
Group ID
LADD031:568.3-571.05
Mining Method
open_pit

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
2025-10-23T00:00:00.000Z

Reasoning: Very high grade intercept of 12.99 g/t Au.

Positive factors

  • bonanza grade

Evidence · table

“12.99”

Context: 2.75

LADD031Adumbi · goldGrade: 1.67Grade Unit: g/tIntercept: 12.1 mView all details
Link to this fact

Identity

Hole ID
LADD031
Project
Adumbi
Commodity
gold
Region
democratic republic of the congo
Reported Region
Democratic Republic of the Congo
Ticker
LN

Geometry

Grade
1.67
Grade Unit
g/t
Intercept
12.1 m
From
614.55 m
To
626.65 m

Classification

Program
exploration
Sample Type
drill
Group ID
LADD031:614.55-626.65
Mining Method
open_pit

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
2025-10-23T00:00:00.000Z

Reasoning: Moderate grade intercept of 1.67 g/t Au.

Evidence · table

“1.67”

Context: 12.10

LADD031Adumbi · goldGrade: 1.88Grade Unit: g/tIntercept: 15 mView all details
Link to this fact

Identity

Hole ID
LADD031
Project
Adumbi
Commodity
gold
Region
democratic republic of the congo
Reported Region
Democratic Republic of the Congo
Ticker
LN

Geometry

Grade
1.88
Grade Unit
g/t
Intercept
15 m
From
666 m
To
681 m

Classification

Program
exploration
Sample Type
drill
Group ID
LADD031:666.0-681.0
Mining Method
open_pit

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
2025-10-23T00:00:00.000Z

Reasoning: Solid width of 15m at 1.88 g/t Au.

Positive factors

  • good width

Evidence · table

“1.88”

Context: 15.00

LADD031Adumbi · goldGrade: 5.98Grade Unit: g/tIntercept: 3.23 mView all details
Link to this fact

Identity

Hole ID
LADD031
Project
Adumbi
Commodity
gold
Region
democratic republic of the congo
Reported Region
Democratic Republic of the Congo
Ticker
LN

Geometry

Grade
5.98
Grade Unit
g/t
Intercept
3.23 m
From
697.42 m
To
700.65 m

Classification

Program
exploration
Sample Type
drill
Group ID
LADD031:697.42-700.65
Mining Method
open_pit

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
2025-10-23T00:00:00.000Z

Reasoning: Strong grade of 5.98 g/t Au.

Positive factors

  • strong grade

Evidence · table

“5.98”

Context: 3.23

LADD031Adumbi · goldGrade: 21.63Grade Unit: g/tIntercept: 0.8 mView all details
Link to this fact

Identity

Hole ID
LADD031
Project
Adumbi
Commodity
gold
Region
democratic republic of the congo
Reported Region
Democratic Republic of the Congo
Ticker
LN

Geometry

Grade
21.63
Grade Unit
g/t
Intercept
0.8 m
From
699.2 m
To
700 m

Classification

Program
exploration
Sample Type
drill
Group ID
LADD031:699.2-700.0
Mining Method
open_pit

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
2025-10-23T00:00:00.000Z

Reasoning: Exceptional grade of 21.63 g/t Au, though very narrow (0.8m).

Positive factors

  • bonanza grade

Negative factors

  • narrow width

Evidence · table

“21.63”

Context: 0.80

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.