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Loncor Gold ( (TSE:LN) ) has provided an update.
Loncor Gold has reported promising results from its deep drilling program at the Adumbi deposit, with notable high-grade gold intersections. The results suggest potential for an underground operation to complement the existing open pit, enhancing the project’s viability and potentially increasing the company’s resource base.
More about Loncor Gold
Loncor Gold Inc. is a mining company focused on the exploration and development of gold deposits. The company operates primarily in the Democratic Republic of the Congo, with its flagship project being the Adumbi deposit, which has significant indicated and inferred mineral resources.
YTD Price Performance: -8.78%
Average Trading Volume: 39,745
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $57.29M
For an in-depth examination of LN stock, go to TipRanks’ Stock Analysis page.
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