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Loncor Gold Reports Multiple High-Grade Deep Drill Intersections at Adumbi Deposit

Story Highlights
  • Loncor Gold reported on December 15, 2025, multiple high-grade gold intersections from deep drilling at its Adumbi deposit in the DRC, including an ultra-high-grade 1.36 metres at 298 g/t gold.
  • The latest LADD033 results, supported by deeper intersections in holes LADD032 and LADD034, indicate substantial depth extensions below the current pit shell, enhancing Adumbi’s potential for future underground mining and resource growth.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Loncor Gold Reports Multiple High-Grade Deep Drill Intersections at Adumbi Deposit

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Loncor Gold ( (TSE:LN) ) just unveiled an announcement.

On December 15, 2025, Loncor Gold reported new deep-drilling results from its Adumbi deposit in the DRC, highlighting multiple high-grade gold intersections from borehole LADD033, including 26.36 metres at 4.19 g/t gold, 15.49 metres at 6.92 g/t gold and an ultra-high-grade interval of 1.36 metres at 298 g/t gold. The hole confirmed a thick banded iron formation package below the current US$1,600/oz open-pit shell and, together with additional holes LADD032 and LADD034, suggests that mineralisation at Adumbi extends to significant depths, reinforcing the potential for future underground mining and strengthening Loncor’s longer-term resource expansion and development prospects at its flagship project.

The most recent analyst rating on (TSE:LN) stock is a Buy with a C$1.70 price target. To see the full list of analyst forecasts on Loncor Gold stock, see the TSE:LN Stock Forecast page.

Spark’s Take on TSE:LN Stock

According to Spark, TipRanks’ AI Analyst, TSE:LN is a Underperform.

Loncor Gold’s stock score is primarily impacted by its financial instability, characterized by no revenue, rising losses, and negative cash flows. While technical analysis shows some potential for positive momentum, the company’s valuation remains poor with a negative P/E ratio. Notable corporate events highlight future growth potential but do not offset current financial challenges.

To see Spark’s full report on TSE:LN stock, click here.

More about Loncor Gold

Loncor Gold Inc. is a Canadian gold exploration company focused on the Ngayu Greenstone Belt in northeastern Democratic Republic of the Congo, where it has operated for more than two decades. Its main asset is the Imbo Project, anchored by the Adumbi deposit, which hosts an indicated mineral resource of 1.88 million ounces of gold and, together with two neighbouring deposits, an inferred resource of 2.09 million ounces, of which roughly 85% is attributable to Loncor. The company completed a preliminary economic assessment of Adumbi in 2021 following drilling campaigns in 2020–2021.

YTD Price Performance: 128.81%

Average Trading Volume: 577,061

Technical Sentiment Signal: Buy

Current Market Cap: C$245M

Find detailed analytics on LN stock on TipRanks’ Stock Analysis page.

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