# Loncor Gold Reports Final Drill Assays from Its Deepest Drill Hole at Adumbi

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/loncor-gold-reports-final-drill-assays-from-its-deepest-drill-hole-at-adumbi--f9851693-adc8-4e03-99ad-e570eb235a35

Original source: https://money.tmx.com/en/quote/LN/news/7238251262518522/loncor-gold-reports-final-drill-assays-from-its-deepest-drill-hole-at-adumbi

Publisher: tmx

Original announcement: 2025-05-06T11:45:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- 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 11:40:30 UTC

Narrative sentiment: 0.60 · Bullish

## Minestarters Atlas summary

Loncor Gold has released final drill assays from its deepest borehole, LADD029, at the Adumbi deposit in the DRC. The results include several high-grade gold intercepts, including 4.64 m at 5.83 g/t Au, which support the potential for a significant underground resource below the existing open pit.

Reasoning: The release reports final assays for the deepest hole \(LADD029\), confirming high-grade gold mineralization at depth and expanding the potential for an underground resource, though some intercepts were previously reported.

- Positive factor: Significant gold grades at depth

- Positive factor: Demonstrates underground potential

- Positive factor: Thickening BIF host package

- Positive factor: QA/QC disclosed

- Negative factor: Partial re-release of historical data

Facts used in scoring: 9

## Classification and evidence

**QA/QC Disclosed**

Polarity: positive

Definition: 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 SGS laboratory use.

Evidence · text

> internationally recognized standards, blanks and duplicates were inserted into the sample batches

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The release mentions that borehole LADD029 results were reported previously, indicating this is a completion of existing work.

Evidence · text

> Borehole LADD029 results were reported previously

## Extracted facts

Stored fact records: 9. Some facts used in scoring do not have a stored record.

## Drill Results (7)

### LADD029

[Link to this fact](https://atlas-extractions.minestarters.com/news/loncor-gold-reports-final-drill-assays-from-its-deepest-drill-hole-at-adumbi--f9851693-adc8-4e03-99ad-e570eb235a35#fact-drill-facts-0)

Adumbi · gold

#### Identity

- Hole ID: LADD029
- Project: Adumbi
- Commodity: gold
- Region: democratic republic of the congo
- Reported Region: democratic republic of the congo
- Ticker: LN

#### Geometry

- Grade: 1.34
- Grade Unit: g/t
- Intercept: 6.91 m
- From: 672.04 m
- To: 678.95 m
- Intercept Depth: 672.04 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: LADD029:672.04-678.95
- Mining Method: underground

#### Location

- Loc. Confidence: high

#### 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: 2025-05-06T00:00:00.000Z

Reasoning: Moderate grade intercept at depth.

Evidence · table

> 1.34

Context: 6.91

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### LADD029

[Link to this fact](https://atlas-extractions.minestarters.com/news/loncor-gold-reports-final-drill-assays-from-its-deepest-drill-hole-at-adumbi--f9851693-adc8-4e03-99ad-e570eb235a35#fact-drill-facts-1)

Adumbi · gold

#### Identity

- Hole ID: LADD029
- Project: Adumbi
- Commodity: gold
- Region: democratic republic of the congo
- Reported Region: democratic republic of the congo
- Ticker: LN

#### Geometry

- Grade: 4.24
- Grade Unit: g/t
- Intercept: 14.5 m
- From: 713 m
- To: 727.5 m
- Intercept Depth: 713 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: LADD029:713-727.5
- Mining Method: underground

#### Location

- Loc. Confidence: high

#### 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: 2025-05-06T00:00:00.000Z

Reasoning: Strong gold intercept at depth.

Evidence · table

> 4.24

Context: 14.50

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### LADD029

[Link to this fact](https://atlas-extractions.minestarters.com/news/loncor-gold-reports-final-drill-assays-from-its-deepest-drill-hole-at-adumbi--f9851693-adc8-4e03-99ad-e570eb235a35#fact-drill-facts-2)

Adumbi · gold

#### Identity

- Hole ID: LADD029
- Project: Adumbi
- Commodity: gold
- Region: democratic republic of the congo
- Reported Region: democratic republic of the congo
- Ticker: LN

#### Geometry

- Grade: 5.23
- Grade Unit: g/t
- Intercept: 10.17 m
- From: 717.33 m
- To: 727.5 m
- Intercept Depth: 717.33 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: LADD029:717.33-727.5
- Mining Method: underground

#### Location

- Loc. Confidence: high

#### 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: 2025-05-06T00:00:00.000Z

Reasoning: High grade sub-interval.

Evidence · table

> 5.23

Context: 10.17

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### LADD029

[Link to this fact](https://atlas-extractions.minestarters.com/news/loncor-gold-reports-final-drill-assays-from-its-deepest-drill-hole-at-adumbi--f9851693-adc8-4e03-99ad-e570eb235a35#fact-drill-facts-3)

Adumbi · gold

#### Identity

- Hole ID: LADD029
- Project: Adumbi
- Commodity: gold
- Region: democratic republic of the congo
- Reported Region: democratic republic of the congo
- Ticker: LN

#### Geometry

- Grade: 3.05
- Grade Unit: g/t
- Intercept: 22.31 m
- From: 750.26 m
- To: 772.57 m
- Intercept Depth: 750.26 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: LADD029:750.26-772.57
- Mining Method: underground

#### Location

- Loc. Confidence: high

#### 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: 2025-05-06T00:00:00.000Z

Reasoning: Significant gold intercept with good width.

Evidence · table

> 3.05

Context: 22.31

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### LADD029

[Link to this fact](https://atlas-extractions.minestarters.com/news/loncor-gold-reports-final-drill-assays-from-its-deepest-drill-hole-at-adumbi--f9851693-adc8-4e03-99ad-e570eb235a35#fact-drill-facts-4)

Adumbi · gold

#### Identity

- Hole ID: LADD029
- Project: Adumbi
- Commodity: gold
- Region: democratic republic of the congo
- Reported Region: democratic republic of the congo
- Ticker: LN

#### Geometry

- Grade: 5.83
- Grade Unit: g/t
- Intercept: 4.64 m
- From: 753.56 m
- To: 771.14 m
- Intercept Depth: 753.56 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: LADD029:753.56-771.14
- Mining Method: underground

#### Location

- Loc. Confidence: high

#### 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: 2025-05-06T00:00:00.000Z

Reasoning: High grade sub-interval.

Evidence · table

> 5.83

Context: 4.64

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### LADD029

[Link to this fact](https://atlas-extractions.minestarters.com/news/loncor-gold-reports-final-drill-assays-from-its-deepest-drill-hole-at-adumbi--f9851693-adc8-4e03-99ad-e570eb235a35#fact-drill-facts-5)

Adumbi · gold

#### Identity

- Hole ID: LADD029
- Project: Adumbi
- Commodity: gold
- Region: democratic republic of the congo
- Reported Region: democratic republic of the congo
- Ticker: LN

#### Geometry

- Grade: 2.55
- Grade Unit: g/t
- Intercept: 28.72 m
- From: 802.2 m
- To: 830.92 m
- Intercept Depth: 802.2 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: LADD029:802.2-830.92
- Mining Method: underground

#### Location

- Loc. Confidence: high

#### 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: 2025-05-06T00:00:00.000Z

Reasoning: Wide, moderate grade intercept at depth.

Evidence · table

> 2.55

Context: 28.72

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### LADD029

[Link to this fact](https://atlas-extractions.minestarters.com/news/loncor-gold-reports-final-drill-assays-from-its-deepest-drill-hole-at-adumbi--f9851693-adc8-4e03-99ad-e570eb235a35#fact-drill-facts-6)

Adumbi · gold

#### Identity

- Hole ID: LADD029
- Project: Adumbi
- Commodity: gold
- Region: democratic republic of the congo
- Reported Region: democratic republic of the congo
- Ticker: LN

#### Geometry

- Grade: 3.35
- Grade Unit: g/t
- Intercept: 16.48 m
- From: 802.2 m
- To: 818.68 m
- Intercept Depth: 802.2 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: LADD029:802.2-818.68
- Mining Method: underground

#### Location

- Loc. Confidence: high

#### 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: 2025-05-06T00:00:00.000Z

Reasoning: High grade sub-interval.

Evidence · table

> 3.35

Context: 16.48

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

## Resource Estimates (2)

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/loncor-gold-reports-final-drill-assays-from-its-deepest-drill-hole-at-adumbi--f9851693-adc8-4e03-99ad-e570eb235a35#fact-resource-facts-7)

Adumbi · gold

#### 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:7ab23ff28a69b6c09222
- Mining method: combined

#### Resource Data

- Category: indicated
- Tonnes: 28185000
- Grade: 2.08
- Grade Unit: g/t
- Contained Metal: 1.88
- Contained Unit: moz

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-05-06T00:00:00.000Z

Reasoning: Existing indicated resource mentioned as context.

Evidence · text

> indicated mineral resource of 1.88 million ounces of gold \(28.185 million tonnes grading 2.08 g/t Au\)

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/loncor-gold-reports-final-drill-assays-from-its-deepest-drill-hole-at-adumbi--f9851693-adc8-4e03-99ad-e570eb235a35#fact-resource-facts-8)

Adumbi · gold

#### 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:7819c1eafa46f0fff846
- Mining method: combined

#### Resource Data

- Category: inferred
- Tonnes: 20830000
- Grade: 2.65
- Grade Unit: g/t
- Contained Metal: 1.78
- Contained Unit: moz

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-05-06T00:00:00.000Z

Reasoning: Existing inferred resource mentioned as context.

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 Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**PEA-Supporting**

Polarity: neutral

Definition: 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.
