tiprankstipranks
Loncor Gold Unveils Promising Drilling Results Enhancing Resource Potential
Company Announcements

Loncor Gold Unveils Promising Drilling Results Enhancing Resource Potential

Story Highlights

Invest with Confidence:

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

Loncor Gold announced positive drilling results from a scout drilling program southeast of its Adumbi deposit, revealing high-grade gold intersections. These results, indicating potential resource expansion, could enhance Loncor’s standing in the mining sector and attract investor interest by showcasing the deposit’s promising exploration potential.

More about Loncor Gold

Loncor Gold Inc. operates in the mining industry, primarily focusing on gold exploration and development. The company is engaged in projects in the Democratic Republic of the Congo, notably the Adumbi deposit, which has significant gold resources.

YTD Price Performance: -1.71%

Average Trading Volume: 38,176

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $62.27M

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

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App