Intersects Significant Widths and Grades in Multiple Gold Zones In DRC
Loncor Resources Inc. (TSX: LN) has announced further significant assay results from its drilling programme within its 84.68%-owned Imbo Project in the eastern part of the Ngayu greenstone belt in the Democratic Republic of the Congo.
The deepest borehole drilled to date at its flagship Adumbi deposit, LADD009 intersected 32.15m grading 6.17 grammes per tonne gold (including 1.46m grading 94.77 g/t Au), 15.36m grading 3.73 g/t gold (including 5.89m grading 6.56 g/t Au), 5.00m grading 3.17 g/t gold and 7.45m grading 1.48 g/t gold.
Borehole LADD009 intersected the mineralisation at a depth of approximately 140m below the open pit shell. Boreholes LADD012 and LADD013 are currently being drilled (LADD011 was abandoned before reaching target depth due to mechanical problems and LADD013 is being drilled in its place).
“Borehole LADD009 is the deepest hole drilled to date at Adumbi as well as the highest value in terms of the product of grade multiplied by true width for the multiple intersections,” Loncor President, Peter Cowley, said.
“These excellent results combined with previous results from the ongoing drilling program indicate that gold grades are increasing with depth. We continue to be excited by the results at Adumbi.
“The holes from our current drilling programme have intersected significant widths and grades and will increase the current open pittable, inferred mineral resource of 2.19 million ounces (28.97 million tonnes grading 2.35 g/t gold) at the Adumbi deposit. Studies are underway to quantify this increase.”
The objective of the current drilling program at Adumbi is to outline additional mineral resources to the current inferred mineral resource of 2.5 million ounces of gold on Loncor’s 84.68%-owned Imbo Project which contains the Adumbi, Kitenge and Manzako deposits (inferred mineral resources of 30.65 million tonnes grading 2.54 g/t Au).
