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An update from Loncor Gold ( (TSE:LN) ) is now available.
Loncor Gold Inc. reports that its operations at the Adumbi gold exploration project remain unaffected by recent unrest in Goma, located 746 kilometers away. The ongoing drilling at Adumbi continues with the aim of advancing towards the company’s target of 5 million ounces of gold, reinforcing Loncor’s stability and commitment to its exploration goals despite regional challenges.
More about Loncor Gold
Loncor Gold Inc. is a Canadian gold exploration company focusing on the Ngayu Greenstone Gold Belt in the northeast of the Democratic Republic of the Congo. The company has over two decades of experience in the DRC, with a growing resource base centered on the Imbo Project, particularly the Adumbi deposit, which holds significant indicated and inferred mineral resources.
YTD Price Performance: 7.32%
Average Trading Volume: 39,059
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $68.79M
Learn more about LN stock on TipRanks’ Stock Analysis page.