Loncor Gold Reports Multiple Wide 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 08:46:38 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Loncor Gold has reported encouraging deep drilling results at its Adumbi deposit in the DRC. Hole LADD027 intersected multiple high-grade gold intervals, including 16.07m at 5.82 g/t and 22.64m at 4.77 g/t, located below the previously defined open pit shell.

Reasoning: The drill results from LADD027 show high-grade gold intercepts (up to 26.94 g/t) at depth, extending below the current open pit shell and suggesting underground potential.

Positive factors

  • High-grade intercepts
  • Significant widths
  • Extension below existing pit shell
  • QA/QC disclosed

Facts used in scoring: 7

Atlas analysis — Loncor Gold Inc.: Loncor Gold Reports Multiple Wide High Grade Gold Intersections at Its Drill Program at Adumbi. 4.77 g/t over 22.64 m; 5.82 g/t over 16.07 m; 26.94 g/t over 0.45 m

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 into the sample batches”

Bonanza Interceptpositive

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

Why it applies: The 0.45m interval at 26.94 g/t gold is exceptionally high grade.

Evidence · table

“26.94”

Context: 0.45

Extracted facts

Stored fact records: 7. Some facts used in scoring do not have a stored record.

Drill Results (7)

LADD027Adumbi · goldGrade: 26.94Grade Unit: g/tIntercept: 0.45 mView all details
Link to this fact

Identity

Hole ID
LADD027
Project
Adumbi
Commodity
gold
Region
democratic republic of the congo
Reported Region
Democratic Republic of the Congo
Ticker
LN

Geometry

Grade
26.94
Grade Unit
g/t
Intercept
0.45 m
From
421.09 m
To
421.54 m

Classification

Sample Type
drill
Group ID
LADD027:421.09-421.54
Mining Method
mixed

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
2025-02-26T00:00:00.000Z

Reasoning: Very high grade intercept of 26.94 g/t gold.

Positive factors

  • Bonanza Intercept

Evidence · table

“26.94”

Context: 0.45

LADD027Adumbi · goldGrade: 4.06Grade Unit: g/tIntercept: 2.62 mView all details
Link to this fact

Identity

Hole ID
LADD027
Project
Adumbi
Commodity
gold
Region
democratic republic of the congo
Reported Region
Democratic Republic of the Congo
Ticker
LN

Geometry

Grade
4.06
Grade Unit
g/t
Intercept
2.62 m
From
533.24 m
To
535.86 m

Classification

Sample Type
drill
Group ID
LADD027:533.24-535.86
Mining Method
mixed

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
2025-02-26T00:00:00.000Z

Reasoning: Moderate grade over a narrow interval.

Evidence · table

“4.06”

Context: 2.62

LADD027Adumbi · goldGrade: 5.82Grade Unit: g/tIntercept: 16.07 mView all details
Link to this fact

Identity

Hole ID
LADD027
Project
Adumbi
Commodity
gold
Region
democratic republic of the congo
Reported Region
Democratic Republic of the Congo
Ticker
LN

Geometry

Grade
5.82
Grade Unit
g/t
Intercept
16.07 m
From
564.61 m
To
580.68 m

Classification

Sample Type
drill
Group ID
LADD027:564.61-580.68
Mining Method
mixed

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
2025-02-26T00:00:00.000Z

Reasoning: Strong grade and significant width.

Positive factors

  • Strong intercept

Evidence · table

“5.82”

Context: 16.07

LADD027Adumbi · goldGrade: 7.14Grade Unit: g/tIntercept: 11.85 mView all details
Link to this fact

Identity

Hole ID
LADD027
Project
Adumbi
Commodity
gold
Region
democratic republic of the congo
Reported Region
Democratic Republic of the Congo
Ticker
LN

Geometry

Grade
7.14
Grade Unit
g/t
Intercept
11.85 m
From
568.83 m
To
580.68 m

Classification

Sample Type
drill
Group ID
LADD027:568.83-580.68
Mining Method
mixed

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
2025-02-26T00:00:00.000Z

Reasoning: High grade sub-interval within a larger intercept.

Positive factors

  • Strong intercept

Evidence · table

“7.14”

Context: 11.85

LADD027Adumbi · goldGrade: 4.77Grade Unit: g/tIntercept: 22.64 mView all details
Link to this fact

Identity

Hole ID
LADD027
Project
Adumbi
Commodity
gold
Region
democratic republic of the congo
Reported Region
Democratic Republic of the Congo
Ticker
LN

Geometry

Grade
4.77
Grade Unit
g/t
Intercept
22.64 m
From
603.24 m
To
625.88 m

Classification

Sample Type
drill
Group ID
LADD027:603.24-625.88
Mining Method
mixed

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
2025-02-26T00:00:00.000Z

Reasoning: Excellent width and strong grade.

Positive factors

  • Strong intercept

Evidence · table

“4.77”

Context: 22.64

LADD027Adumbi · goldGrade: 6.99Grade Unit: g/tIntercept: 13.97 mView all details
Link to this fact

Identity

Hole ID
LADD027
Project
Adumbi
Commodity
gold
Region
democratic republic of the congo
Reported Region
Democratic Republic of the Congo
Ticker
LN

Geometry

Grade
6.99
Grade Unit
g/t
Intercept
13.97 m
From
611.33 m
To
625.3 m

Classification

Sample Type
drill
Group ID
LADD027:611.33-625.30
Mining Method
mixed

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
2025-02-26T00:00:00.000Z

Reasoning: High grade sub-interval within a larger intercept.

Positive factors

  • Strong intercept

Evidence · table

“6.99”

Context: 13.97

LADD027Adumbi · goldGrade: 4.25Grade Unit: g/tIntercept: 2.07 mView all details
Link to this fact

Identity

Hole ID
LADD027
Project
Adumbi
Commodity
gold
Region
democratic republic of the congo
Reported Region
Democratic Republic of the Congo
Ticker
LN

Geometry

Grade
4.25
Grade Unit
g/t
Intercept
2.07 m
From
654.09 m
To
656.16 m

Classification

Sample Type
drill
Group ID
LADD027:654.09-656.16
Mining Method
mixed

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
2025-02-26T00:00:00.000Z

Reasoning: Narrow intercept with moderate grade.

Evidence · table

“4.25”

Context: 2.07

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.