Loncor Gold Continues to Report Multiple, 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, Resource update
- Extracted
- 2026-09-12 11:28:58 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Loncor Gold has reported high-grade gold drill results from its Adumbi deposit, highlighted by a 1.36m intercept at 298 g/t Au in hole LADD033. The drilling confirms mineralization at depth below the current USD$1,600/oz open pit shell, suggesting potential for underground mining.
Reasoning: The drill results from LADD033 show exceptional high-grade gold intercepts, including a bonanza grade of 298 g/t, and provide continuity at depth below the existing open pit shell.
Positive factors
- Bonanza intercept of 298 g/t Au
- Multiple high-grade intersections
- QA/QC disclosed with independent lab
- True width disclosed (72% of apparent)
- Step-out potential below pit shell
Facts used in scoring: 10
Classification and evidence
Bonanza Interceptpositive
Exceptionally high-grade zone, well above the deposit-type norm.
Why it applies: 1.36m at 298 g/t Au is exceptionally high grade.
Evidence · table
“298”
Context: 1.36
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”
True Width Disclosedpositive
Actual thickness perpendicular to structure is stated, not just downhole length.
Why it applies: Document states true width is approximately 72% of intersected widths.
Evidence · text
“true width of the mineralised sections for core hole LADD033 is approximately 72%”
Extracted facts
Stored fact records: 10. Some facts used in scoring do not have a stored record.
Drill Results (9)
LADD033Adumbi · goldGrade: 4.19Grade Unit: g/tIntercept: 26.36 mView all detailsHide details
Identity
- Hole ID
- LADD033
- Project
- Adumbi
- Commodity
- gold
- Region
- democratic republic of the congo
- Reported Region
- democratic republic of the congo
- Ticker
- LN
Geometry
- Grade
- 4.19
- Grade Unit
- g/t
- Intercept
- 26.36 m
- True Width
- 18.98 m
- From
- 469 m
- To
- 495.36 m
- Intercept Depth
- 469 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- LADD033:469-495.36
- Mining Method
- underground
Location
- Location
- Adumbi
- Loc. Source
- document
QA/QC
- Laboratory
- SGS
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates, check_assays
Compositing
- Dilution Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2025-12-15T00:00:00.000Z
Reasoning: Solid gold intercept at depth.
Positive factors
- Strong grade and width
Evidence · table
“4.19”
Context: 26.36
Tags used in scoring
True Width Disclosedpositive
Actual thickness perpendicular to structure is stated, not just downhole length.
Why it applies: true_width_m is 18.98
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
LADD033Adumbi · goldGrade: 15.23Grade Unit: g/tIntercept: 3.6 mView all detailsHide details
Identity
- Hole ID
- LADD033
- Project
- Adumbi
- Commodity
- gold
- Region
- democratic republic of the congo
- Reported Region
- democratic republic of the congo
- Ticker
- LN
Geometry
- Grade
- 15.23
- Grade Unit
- g/t
- Intercept
- 3.6 m
- True Width
- 2.59 m
- From
- 490.95 m
- To
- 494.55 m
- Intercept Depth
- 469 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- LADD033:490.95-494.55
- Mining Method
- underground
Location
- Location
- Adumbi
- Loc. Source
- document
QA/QC
- Laboratory
- SGS
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates, check_assays
Compositing
- Dilution Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2025-12-15T00:00:00.000Z
Reasoning: High grade narrow intercept.
Positive factors
- High grade sub-interval
Evidence · table
“15.23”
Context: 3.60
Tags used in scoring
True Width Disclosedpositive
Actual thickness perpendicular to structure is stated, not just downhole length.
Why it applies: true_width_m is 2.59
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
LADD033Adumbi · goldGrade: 1.25Grade Unit: g/tIntercept: 14.95 mView all detailsHide details
Identity
- Hole ID
- LADD033
- Project
- Adumbi
- Commodity
- gold
- Region
- democratic republic of the congo
- Reported Region
- democratic republic of the congo
- Ticker
- LN
Geometry
- Grade
- 1.25
- Grade Unit
- g/t
- Intercept
- 14.95 m
- True Width
- 10.76 m
- From
- 504.23 m
- To
- 519.18 m
- Intercept Depth
- 469 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- LADD033:504.23-519.18
- Mining Method
- underground
Location
- Location
- Adumbi
- Loc. Source
- document
QA/QC
- Laboratory
- SGS
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates, check_assays
Compositing
- Dilution Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2025-12-15T00:00:00.000Z
Reasoning: Moderate grade intercept.
Evidence · table
“1.25”
Context: 14.95
Tags used in scoring
True Width Disclosedpositive
Actual thickness perpendicular to structure is stated, not just downhole length.
Why it applies: true_width_m is 10.76
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
LADD033Adumbi · goldGrade: 2.13Grade Unit: g/tIntercept: 6.87 mView all detailsHide details
Identity
- Hole ID
- LADD033
- Project
- Adumbi
- Commodity
- gold
- Region
- democratic republic of the congo
- Reported Region
- democratic republic of the congo
- Ticker
- LN
Geometry
- Grade
- 2.13
- Grade Unit
- g/t
- Intercept
- 6.87 m
- True Width
- 4.95 m
- From
- 504.23 m
- To
- 511.1 m
- Intercept Depth
- 469 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- LADD033:504.23-511.1
- Mining Method
- underground
Location
- Location
- Adumbi
- Loc. Source
- document
QA/QC
- Laboratory
- SGS
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates, check_assays
Compositing
- Dilution Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2025-12-15T00:00:00.000Z
Reasoning: Sub-interval grade.
Evidence · table
“2.13”
Context: 6.87
Tags used in scoring
True Width Disclosedpositive
Actual thickness perpendicular to structure is stated, not just downhole length.
Why it applies: true_width_m is 4.95
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
LADD033Adumbi · goldGrade: 6.92Grade Unit: g/tIntercept: 15.49 mView all detailsHide details
Identity
- Hole ID
- LADD033
- Project
- Adumbi
- Commodity
- gold
- Region
- democratic republic of the congo
- Reported Region
- democratic republic of the congo
- Ticker
- LN
Geometry
- Grade
- 6.92
- Grade Unit
- g/t
- Intercept
- 15.49 m
- True Width
- 11.15 m
- From
- 533.28 m
- To
- 548.77 m
- Intercept Depth
- 469 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- LADD033:533.28-548.77
- Mining Method
- underground
Location
- Location
- Adumbi
- Loc. Source
- document
QA/QC
- Laboratory
- SGS
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates, check_assays
Compositing
- Dilution Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2025-12-15T00:00:00.000Z
Reasoning: High grade intercept.
Positive factors
- Strong grade and width
Evidence · table
“6.92”
Context: 15.49
Tags used in scoring
True Width Disclosedpositive
Actual thickness perpendicular to structure is stated, not just downhole length.
Why it applies: true_width_m is 11.15
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
LADD033Adumbi · goldGrade: 8.64Grade Unit: g/tIntercept: 11.96 mView all detailsHide details
Identity
- Hole ID
- LADD033
- Project
- Adumbi
- Commodity
- gold
- Region
- democratic republic of the congo
- Reported Region
- democratic republic of the congo
- Ticker
- LN
Geometry
- Grade
- 8.64
- Grade Unit
- g/t
- Intercept
- 11.96 m
- True Width
- 8.61 m
- From
- 536.81 m
- To
- 548.77 m
- Intercept Depth
- 469 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- LADD033:536.81-548.77
- Mining Method
- underground
Location
- Location
- Adumbi
- Loc. Source
- document
QA/QC
- Laboratory
- SGS
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates, check_assays
Compositing
- Dilution Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2025-12-15T00:00:00.000Z
Reasoning: Strong high-grade sub-interval.
Positive factors
- High grade sub-interval
Evidence · table
“8.64”
Context: 11.96
Tags used in scoring
True Width Disclosedpositive
Actual thickness perpendicular to structure is stated, not just downhole length.
Why it applies: true_width_m is 8.61
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
LADD033Adumbi · goldGrade: 3.24Grade Unit: g/tIntercept: 16.4 mView all detailsHide details
Identity
- Hole ID
- LADD033
- Project
- Adumbi
- Commodity
- gold
- Region
- democratic republic of the congo
- Reported Region
- democratic republic of the congo
- Ticker
- LN
Geometry
- Grade
- 3.24
- Grade Unit
- g/t
- Intercept
- 16.4 m
- True Width
- 11.81 m
- From
- 573.6 m
- To
- 590 m
- Intercept Depth
- 469 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- LADD033:573.6-590
- Mining Method
- underground
Location
- Location
- Adumbi
- Loc. Source
- document
QA/QC
- Laboratory
- SGS
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates, check_assays
Compositing
- Dilution Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2025-12-15T00:00:00.000Z
Reasoning: Solid grade and width.
Evidence · table
“3.24”
Context: 16.40
Tags used in scoring
True Width Disclosedpositive
Actual thickness perpendicular to structure is stated, not just downhole length.
Why it applies: true_width_m is 11.81
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
LADD033Adumbi · goldGrade: 7.75Grade Unit: g/tIntercept: 6.11 mView all detailsHide details
Identity
- Hole ID
- LADD033
- Project
- Adumbi
- Commodity
- gold
- Region
- democratic republic of the congo
- Reported Region
- democratic republic of the congo
- Ticker
- LN
Geometry
- Grade
- 7.75
- Grade Unit
- g/t
- Intercept
- 6.11 m
- True Width
- 4.4 m
- From
- 576 m
- To
- 582.11 m
- Intercept Depth
- 469 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- LADD033:576-582.11
- Mining Method
- underground
Location
- Location
- Adumbi
- Loc. Source
- document
QA/QC
- Laboratory
- SGS
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates, check_assays
Compositing
- Dilution Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2025-12-15T00:00:00.000Z
Reasoning: High grade sub-interval.
Positive factors
- High grade sub-interval
Evidence · table
“7.75”
Context: 6.11
Tags used in scoring
True Width Disclosedpositive
Actual thickness perpendicular to structure is stated, not just downhole length.
Why it applies: true_width_m is 4.4
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
LADD033Adumbi · goldGrade: 298Grade Unit: g/tIntercept: 1.36 mView all detailsHide details
Identity
- Hole ID
- LADD033
- Project
- Adumbi
- Commodity
- gold
- Region
- democratic republic of the congo
- Reported Region
- democratic republic of the congo
- Ticker
- LN
Geometry
- Grade
- 298
- Grade Unit
- g/t
- Intercept
- 1.36 m
- True Width
- 0.98 m
- From
- 603.94 m
- To
- 605.3 m
- Intercept Depth
- 469 m
Classification
- Deposit Type
- other
- Program
- exploration
- Sample Type
- drill
- Group ID
- LADD033:603.94-605.3
- Mining Method
- underground
Location
- Location
- Adumbi
- Loc. Source
- document
QA/QC
- Laboratory
- SGS
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates, check_assays
Compositing
- Dilution Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2025-12-15T00:00:00.000Z
Reasoning: Exceptional bonanza grade.
Positive factors
- Bonanza Intercept
Evidence · table
“298”
Context: 1.36
Tags used in scoring
True Width Disclosedpositive
Actual thickness perpendicular to structure is stated, not just downhole length.
Why it applies: true_width_m is 0.98
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Resource Estimates (1)
inferredAdumbi · goldTonnes: 20830000Contained Metal: 1.78Contained Unit: mozView all detailsHide details
Identity
- Project
- Adumbi
- Commodity
- gold
- Region
- democratic republic of the congo
- Reported Region
- Democratic Republic of the Congo
- Ticker
- LN
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- Resource group id
- resource:fbfc06bfc0cbcb3f4772
- Deposit or zone
- Adumbi
- Mining method
- combined
- Ownership percent
- 84.68 %
- Resource basis
- attributable
Resource Data
- Category
- inferred
- Tonnes
- 20830000
- Contained Metal
- 1.78
- Contained Unit
- moz
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-12-15T00:00:00.000Z
Reasoning: Inferred resource component.
Evidence · text
“inferred mineral resource of 1.78 million ounces of gold (20.83 million tonnes grading 2.65 g/t Au)”
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
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.