Loncor Gold Reports Significant 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 08:39:48 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Loncor Gold has reported significant gold drill results from its Adumbi deposit in the DRC, highlighted by a 0.87m intercept at 82.97 g/t Au. The drilling, conducted via hole LADD028, shows good geological continuity within the banded ironstone formation and sits within the existing open pit shell.

Reasoning: Strong gold intercepts including a bonanza grade of 82.97 g/t Au and high-grade continuity within an existing open pit shell.

Positive factors

  • Bonanza Intercept
  • QA/QC Disclosed
  • Good geological continuity

Facts used in scoring: 7

Classification and evidence

Bonanza Interceptpositive

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

Why it applies: 0.87m at 82.97 g/t gold is an exceptionally high-grade zone.

Evidence · table

“82.97”

Context: 0.87

QA/QC Disclosedpositive

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

Why it applies: Release mentions use of standards, blanks, duplicates, and check assays at SGS Laboratory.

Evidence · text

“internationally recognized standards, blanks and duplicates were inserted”

Extracted facts

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

Drill Results (7)

LADD028Adumbi · goldGrade: 3.16Grade Unit: g/tIntercept: 1.07 mView all details
Link to this fact

Identity

Hole ID
LADD028
Project
Adumbi
Commodity
gold
Region
democratic republic of the congo
Reported Region
Democratic Republic of the Congo
Ticker
LN

Geometry

Grade
3.16
Grade Unit
g/t
Intercept
1.07 m
From
303.25 m
To
304.32 m

Classification

Sample Type
drill
Group ID
LADD028:303.25-304.32
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
2025-03-10T00:00:00.000Z

Reasoning: Moderate grade intercept.

Evidence · table

“3.16”

Context: 1.07

LADD028Adumbi · goldGrade: 2.24Grade Unit: g/tIntercept: 3.32 mView all details
Link to this fact

Identity

Hole ID
LADD028
Project
Adumbi
Commodity
gold
Region
democratic republic of the congo
Reported Region
Democratic Republic of the Congo
Ticker
LN

Geometry

Grade
2.24
Grade Unit
g/t
Intercept
3.32 m
From
352.1 m
To
355.42 m

Classification

Sample Type
drill
Group ID
LADD028:352.1-355.42
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
2025-03-10T00:00:00.000Z

Reasoning: Moderate grade intercept.

Evidence · table

“2.24”

Context: 3.32

LADD028Adumbi · goldGrade: 6.01Grade Unit: g/tIntercept: 13.92 mView all details
Link to this fact

Identity

Hole ID
LADD028
Project
Adumbi
Commodity
gold
Region
democratic republic of the congo
Reported Region
Democratic Republic of the Congo
Ticker
LN

Geometry

Grade
6.01
Grade Unit
g/t
Intercept
13.92 m
From
365.73 m
To
379.65 m

Classification

Sample Type
drill
Group ID
LADD028:365.73-379.65
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
2025-03-10T00:00:00.000Z

Reasoning: Strong gold intercept for an open pit project.

Positive factors

  • Strong grade and width

Evidence · table

“6.01”

Context: 13.92

LADD028Adumbi · goldGrade: 9.54Grade Unit: g/tIntercept: 7.94 mView all details
Link to this fact

Identity

Hole ID
LADD028
Project
Adumbi
Commodity
gold
Region
democratic republic of the congo
Reported Region
Democratic Republic of the Congo
Ticker
LN

Geometry

Grade
9.54
Grade Unit
g/t
Intercept
7.94 m
From
365.73 m
To
373.67 m

Classification

Sample Type
drill
Group ID
LADD028:365.73-373.67
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
2025-03-10T00:00:00.000Z

Reasoning: High grade sub-interval.

Positive factors

  • Strong grade

Evidence · table

“9.54”

Context: 7.94

LADD028Adumbi · goldGrade: 1.49Grade Unit: g/tIntercept: 7.4 mView all details
Link to this fact

Identity

Hole ID
LADD028
Project
Adumbi
Commodity
gold
Region
democratic republic of the congo
Reported Region
Democratic Republic of the Congo
Ticker
LN

Geometry

Grade
1.49
Grade Unit
g/t
Intercept
7.4 m
From
389.88 m
To
397.28 m

Classification

Sample Type
drill
Group ID
LADD028:389.88-397.28
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
2025-03-10T00:00:00.000Z

Reasoning: Moderate grade intercept.

Evidence · table

“1.49”

Context: 7.40

LADD028Adumbi · goldGrade: 1.96Grade Unit: g/tIntercept: 2.19 mView all details
Link to this fact

Identity

Hole ID
LADD028
Project
Adumbi
Commodity
gold
Region
democratic republic of the congo
Reported Region
Democratic Republic of the Congo
Ticker
LN

Geometry

Grade
1.96
Grade Unit
g/t
Intercept
2.19 m
From
400.4 m
To
402.59 m

Classification

Sample Type
drill
Group ID
LADD028:400.4-402.59
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
2025-03-10T00:00:00.000Z

Reasoning: Moderate grade intercept.

Evidence · table

“1.96”

Context: 2.19

LADD028Adumbi · goldGrade: 82.97Grade Unit: g/tIntercept: 0.87 mView all details
Link to this fact

Identity

Hole ID
LADD028
Project
Adumbi
Commodity
gold
Region
democratic republic of the congo
Reported Region
Democratic Republic of the Congo
Ticker
LN

Geometry

Grade
82.97
Grade Unit
g/t
Intercept
0.87 m
From
420.67 m
To
421.54 m

Classification

Sample Type
drill
Group ID
LADD028:420.67-421.54
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
2025-03-10T00:00:00.000Z

Reasoning: Exceptional bonanza grade intercept.

Positive factors

  • Bonanza Intercept

Evidence · table

“82.97”

Context: 0.87

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.