Loncor Gold Reports Multiple Gold Intersections from Its Deepest Drill Hole 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 11:40:27 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Loncor Gold reported encouraging deep drilling results from hole LADD029 at the Adumbi deposit, intersecting multiple gold zones including 22.31m at 3.05 g/t Au. The results extend mineralization to 805m depth and indicate significant underground resource potential below the existing open pit.
Reasoning: Deep drilling at Adumbi returned multiple high-grade gold intercepts, extending the known mineralized footprint and suggesting underground potential.
Positive factors
- Significant gold intersections at depth
- Extension of mineralization to 805m
- Indicates underground potential
- QA/QC disclosed with SGS lab and QP sign-off
Negative factors
- True width is only 64% of intersected width
Facts used in scoring: 8
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 SGS Laboratory, internationally recognized standards, blanks, and duplicates.
Evidence · text
“internationally recognized standards, blanks and duplicates were inserted into the sample batches”
Bonanza Interceptpositive
Exceptionally high-grade zone, well above the deposit-type norm.
Why it applies: The 4.64m @ 5.83 g/t Au intercept is exceptionally high grade for this deposit type.
Evidence · table
“5.83”
Context: 4.64
Step-Out Extensionpositive
Mineralization extended beyond the previously known limit.
Why it applies: Drilling extends the gold mineralization down to 805 metres.
Evidence · text
“extends the gold mineralization down to 805 metres”
Extracted facts
Stored fact records: 8. Some facts used in scoring do not have a stored record.
Drill Results (6)
LADD029Adumbi · goldGrade: 1.34Grade Unit: g/tIntercept: 6.91 mView all detailsHide details
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
- 2025-04-25T00:00:00.000Z
Reasoning: Moderate grade intercept at depth.
Evidence · table
“1.34”
Context: 6.91
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
LADD029Adumbi · goldGrade: 4.24Grade Unit: g/tIntercept: 14.5 mView all detailsHide details
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
- 2025-04-25T00:00:00.000Z
Reasoning: Strong gold intercept at depth.
Evidence · table
“4.24”
Context: 14.50
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
LADD029Adumbi · goldGrade: 5.23Grade Unit: g/tIntercept: 10.17 mView all detailsHide details
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
- 2025-04-25T00:00:00.000Z
Reasoning: High grade sub-interval.
Evidence · table
“5.23”
Context: 10.17
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
LADD029Adumbi · goldGrade: 3.05Grade Unit: g/tIntercept: 22.31 mView all detailsHide details
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
- 2025-04-25T00:00:00.000Z
Reasoning: Thick, high-grade intercept at depth.
Evidence · table
“3.05”
Context: 22.31
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
LADD029Adumbi · goldGrade: 5.83Grade Unit: g/tIntercept: 4.64 mView all detailsHide details
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
- 2025-04-25T00:00:00.000Z
Reasoning: Bonanza grade sub-interval.
Evidence · table
“5.83”
Context: 4.64
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
LADD029Adumbi · goldGrade: 3.35Grade Unit: g/tIntercept: 15.57 mView all detailsHide details
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
- 15.57 m
- From
- 802.2 m
- To
- 817.77 m
- Intercept Depth
- 802.2 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- LADD029:802.2-817.77
- 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
- 2025-04-25T00:00:00.000Z
Reasoning: Significant intercept at the deepest part of the hole.
Evidence · table
“3.35”
Context: 15.57
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
Resource Estimates (2)
indicatedAdumbi · goldTonnes: 28185000Grade: 2.08Grade Unit: g/tContained Metal: 1.88Contained 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: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
- 2025-04-25T00:00:00.000Z
Reasoning: Existing indicated resource mentioned for 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 Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
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
inferredAdumbi · goldTonnes: 20830000Grade: 2.65Grade Unit: g/tContained 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: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
- 2025-04-25T00:00:00.000Z
Reasoning: Existing inferred resource mentioned for 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 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.