3.25
Borehole LADD007 had an inclination of minus 68 degrees and azimuth of 218 degrees at the start of hole and regular measurements of inclination and azimuth were taken at 30 metre intervals down the hole. All core was orientated, and it is estimated that the true widths of the mineralised sections are approximately 89% of the intersected width. All intercepted grades are uncut. Borehole LADD007 intersected the mineralization at a depth of 100 metres below S52 and approximately 40 metres below the open pit (see Figures 2 and 3 below). Borehole LADD006 had an inclination of minus 58 degrees and azimuth of 218 degrees and it is estimated that the true widths of the mineralised sections of LADD006 are approximately 95% of the intersected width.
Loncor Closes Upsized Private Placement Financing
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Loncor Resources Inc. is pleased to announce that, further to its January 22, 2021 and February 3, 2021 press releases, it has closed the balance of its non-brokered private placement financing such balance involving the issue of 3,500,000 units of the Company at a price of Cdn$0.50 per Unit for gross proceeds of … NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
Loncor Resources Inc. (” Loncor ” or the ” Company “) (TSX: “LN”; OTCQX: “LONCF”; FSE: “LO51″) is pleased to announce that, further to its January 22, 2021 and February 3, 2021 press releases, it has closed the balance of its non-brokered private placement financing (the ” Financing “), such balance involving the issue of 3,500,000 units of the Company (the “ Units ”) at a price of Cdn$0.50 per Un
Loncor Reports Significant Gold Intercepts at its Flagship Adumbi Deposit
Loncor Resources Inc. is pleased to announce that the second core hole of a 7,000 metre drilling program at its Adumbi deposit has intersected significant gold intersections of 33.30 metres grading 3.25 gt gold and 10.45 metres grading 3.88 gt Au, at its 84.68% owned Imbo Project in the eastern part of the Ngayu greenstone belt in the Democratic Republic of the Congo . Mineralized sections are summarised in the … ● and 10.45 metres at 3.88 g/t Au
Loncor Resources Inc. (” Loncor ” or the ” Company “) (TSX: “LN”; OTCQX: “LONCF”; FSE: “LO51”) is pleased to announce that the second core hole of a 7,000 metre drilling program at its Adumbi deposit has intersected significant gold intersections of 33.30 metres grading 3.25 gt gold (including 5.70 metres grading 7.00 gt Au and 9.07 metres grading 5.11 gt Au) and 10.45 metres grading 3.88 gt Au, at its 84.68% owned Imbo Project in the