Loncor Gold Reports Multiple 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
2026-09-12 11:42:49 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Loncor Gold has reported encouraging deep drilling results from its Adumbi deposit in the DRC. Hole LADD030 intersected several gold-mineralized zones at a depth of approximately 643 metres, including an intercept of 5.61 m at 5.24 g/t gold.

Reasoning: The drill results from LADD030 show several encouraging gold intercepts below the existing open pit shell, supporting potential underground or deeper extension. QA/QC is robustly disclosed with SGS lab and QP sign-off.

Positive factors

  • multiple mineralized intercepts
  • QA/QC disclosed
  • QP signed

Negative factors

  • true width not explicitly stated (estimated at 80%)

Facts used in scoring: 6

Classification and evidence

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 internationally recognized standards, blanks, duplicates, and check assays at SGS Laboratory.

Evidence · text

“internationally recognized standards, blanks and duplicates were inserted”

Bonanza Interceptpositive

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

Why it applies: The 5.61 m @ 5.24 g/t Au intercept is exceptionally high grade for this deposit type.

Evidence · table

“5.24”

Context: 5.61

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: The document states true width is estimated at 80% of intersected width rather than providing measured true width.

Evidence · text

“true width of the mineralised sections for core hole LADD030 is approximately 80% of the intersected widths”

Extracted facts

Stored fact records: 6. Some facts used in scoring do not have a stored record.

Drill Results (6)

LADD030Adumbi · goldGrade: 2.51Grade Unit: g/tIntercept: 2.37 mView all details
Link to this fact

Identity

Hole ID
LADD030
Project
Adumbi
Commodity
gold
Region
democratic republic of the congo
Reported Region
democratic republic of the congo
Ticker
LN

Geometry

Grade
2.51
Grade Unit
g/t
Intercept
2.37 m
From
693.73 m
To
696.1 m
Intercept Depth
693.73 m

Classification

Program
exploration
Sample Type
drill
Group ID
LADD030:693.73-696.1
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
2025-07-29T00:00:00.000Z

Reasoning: Moderate grade intercept in a deep drilling program.

Evidence · table

“2.51”

Context: 2.37

Tags used in scoring

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

LADD030Adumbi · goldGrade: 2.26Grade Unit: g/tIntercept: 7.73 mView all details
Link to this fact

Identity

Hole ID
LADD030
Project
Adumbi
Commodity
gold
Region
democratic republic of the congo
Reported Region
democratic republic of the congo
Ticker
LN

Geometry

Grade
2.26
Grade Unit
g/t
Intercept
7.73 m
From
718.7 m
To
726.43 m
Intercept Depth
718.7 m

Classification

Program
exploration
Sample Type
drill
Group ID
LADD030:718.7-726.43
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
2025-07-29T00:00:00.000Z

Reasoning: Solid width and grade intercept.

Evidence · table

“2.26”

Context: 7.73

Tags used in scoring

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

LADD030Adumbi · goldGrade: 2.98Grade Unit: g/tIntercept: 5.36 mView all details
Link to this fact

Identity

Hole ID
LADD030
Project
Adumbi
Commodity
gold
Region
democratic republic of the congo
Reported Region
democratic republic of the congo
Ticker
LN

Geometry

Grade
2.98
Grade Unit
g/t
Intercept
5.36 m
From
718.7 m
To
724.06 m
Intercept Depth
718.7 m

Classification

Program
exploration
Sample Type
drill
Group ID
LADD030:718.7-724.06
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
2025-07-29T00:00:00.000Z

Reasoning: Higher grade sub-interval within the 7.73m intercept.

Evidence · table

“2.98”

Context: 5.36

Tags used in scoring

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

LADD030Adumbi · goldGrade: 1.77Grade Unit: g/tIntercept: 11.43 mView all details
Link to this fact

Identity

Hole ID
LADD030
Project
Adumbi
Commodity
gold
Region
democratic republic of the congo
Reported Region
democratic republic of the congo
Ticker
LN

Geometry

Grade
1.77
Grade Unit
g/t
Intercept
11.43 m
From
751.8 m
To
763.23 m
Intercept Depth
751.8 m

Classification

Program
exploration
Sample Type
drill
Group ID
LADD030:751.8-763.23
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
2025-07-29T00:00:00.000Z

Reasoning: Wide intercept providing continuity.

Evidence · table

“1.77”

Context: 11.43

Tags used in scoring

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

LADD030Adumbi · goldGrade: 4.56Grade Unit: g/tIntercept: 6.61 mView all details
Link to this fact

Identity

Hole ID
LADD030
Project
Adumbi
Commodity
gold
Region
democratic republic of the congo
Reported Region
democratic republic of the congo
Ticker
LN

Geometry

Grade
4.56
Grade Unit
g/t
Intercept
6.61 m
From
791.25 m
To
797.86 m
Intercept Depth
791.25 m

Classification

Program
exploration
Sample Type
drill
Group ID
LADD030:791.25-797.86
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
2025-07-29T00:00:00.000Z

Reasoning: Strong grade intercept.

Evidence · table

“4.56”

Context: 6.61

Tags used in scoring

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

LADD030Adumbi · goldGrade: 5.24Grade Unit: g/tIntercept: 5.61 mView all details
Link to this fact

Identity

Hole ID
LADD030
Project
Adumbi
Commodity
gold
Region
democratic republic of the congo
Reported Region
democratic republic of the congo
Ticker
LN

Geometry

Grade
5.24
Grade Unit
g/t
Intercept
5.61 m
From
791.25 m
To
796.86 m
Intercept Depth
791.25 m

Classification

Program
exploration
Sample Type
drill
Group ID
LADD030:791.25-796.86
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
2025-07-29T00:00:00.000Z

Reasoning: High grade sub-interval exceeding 5 g/t gold.

Positive factors

  • Bonanza Intercept

Evidence · table

“5.24”

Context: 5.61

Tags used in scoring

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

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.