Loncor Gold Reports Multiple Gold Intersections from Its Deepest Drill Hole 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 08:29:14 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Loncor Gold has reported encouraging deep drilling results from its Adumbi deposit in the DRC, with hole LADD029 intersecting multiple gold zones. The results extend the known mineralization depth and indicate significant underground resource potential below the existing open pit.
Reasoning: The drill hole LADD029 is the deepest to date at Adumbi, extending mineralization to 805m and showing strong grade-width products, suggesting significant underground potential.
Positive factors
- significant depth extension
- multiple high-grade intercepts
- QA/QC disclosed
Negative factors
- true width is only 64% of apparent width
Facts used in scoring: 6
Classification and evidence
Step-Out Extensionpositive
Mineralization extended beyond the previously known limit.
Why it applies: The hole is the deepest to date and extends mineralization down to 805m.
Evidence · text
“extends the gold mineralization down to 805 metres”
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: Release mentions SGS laboratory, standards, blanks, and duplicates.
Evidence · text
“internationally recognized standards, blanks and duplicates were inserted”
Bonanza Interceptpositive
Exceptionally high-grade zone, well above the deposit-type norm.
Why it applies: The 5.83 g/t gold intercept is exceptionally high for this deposit type.
Evidence · table
“5.83”
Context: 4.64
Extracted facts
Stored fact records: 6. Some facts used in scoring do not have a stored record.
Drill Results (6)
LADD029Adumbi · goldGrade: 1.34Grade Unit: g/tIntercept: 6.91 mView all detailsHide details
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
- 2025-04-25T00:00:00.000Z
Reasoning: Moderate grade intercept at depth.
Evidence · table
“1.34”
Context: 6.91
LADD029Adumbi · goldGrade: 4.24Grade Unit: g/tIntercept: 14.5 mView all detailsHide details
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
- 2025-04-25T00:00:00.000Z
Reasoning: Solid gold intercept at depth.
Positive factors
- strong grade
Evidence · table
“4.24”
Context: 14.50
LADD029Adumbi · goldGrade: 5.23Grade Unit: g/tIntercept: 10.17 mView all detailsHide details
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
- 2025-04-25T00:00:00.000Z
Reasoning: High grade sub-interval.
Positive factors
- high grade
Evidence · table
“5.23”
Context: 10.17
LADD029Adumbi · goldGrade: 3.05Grade Unit: g/tIntercept: 22.31 mView all detailsHide details
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
- 2025-04-25T00:00:00.000Z
Reasoning: Strong grade-width product at depth.
Positive factors
- significant width
- good grade
Evidence · table
“3.05”
Context: 22.31
LADD029Adumbi · goldGrade: 5.83Grade Unit: g/tIntercept: 4.64 mView all detailsHide details
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
- 766.5 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
- 2025-04-25T00:00:00.000Z
Reasoning: High grade sub-interval.
Positive factors
- bonanza grade
Evidence · table
“5.83”
Context: 4.64
LADD029Adumbi · goldGrade: 3.35Grade Unit: g/tIntercept: 15.57 mView all detailsHide details
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
- 15.57 m
- From
- 802.2 m
- To
- 817.77 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
- 2025-04-25T00:00:00.000Z
Reasoning: Significant intercept at the deepest part of the hole.
Positive factors
- depth extension
Evidence · table
“3.35”
Context: 15.57
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.