Loncor Confirms High-Grade Gold at Adumbi Mine, Eyes Underground Expansion

Canadian exploration company Loncor has unveiled promising results from its deep drilling program at the Adumbi Gold Mine in the Democratic Republic of Congo (DRC), confirming high-grade gold deposits at various depths.

The latest drilling data revealed significant gold intersections, including:
26.94 grams per ton (g/t) at 0.45 meters
5.82 g/t at 16.07 meters
4.77 g/t at 22.64 meters

According to John Barker, CEO of Loncor, drill hole LADD027, positioned in the northwest of the Adumbi deposit, intercepted gold mineralization at a vertical depth of 478 meters—extending 75 meters beyond the previously defined $1,600/oz pit shell.

Underground Mine Plans in Motion

Barker emphasized that these results reinforce Loncor’s strategic vision to develop an underground mining operation that will complement its existing open-pit project.

Meanwhile, samples have been sent to SGS Laboratory in Tanzania for further analysis. Additional drilling is ongoing, with more results expected in March 2025.

Loncor’s discoveries mark a significant step forward in unlocking the full potential of the Adumbi deposit, positioning the company for a stronger presence in the DRC’s gold sector.

Stay tuned for more updates!

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