TORONTO, Oct. 28, 2024 /CNW/ - Loncor Gold Inc. ("Loncor" or the "Company") (TSX: LN) (OTCQX: LONCF) (FSE: LO5) is pleased to announce that a 11,000 metre deep drilling program has commenced below the Adumbi open pit where an indicated mineral resource of 1.88 million ounces of gold (28.185 million tonnes grading 2.08 g/t Au), and an inferred mineral resource of 1.78 million ounces of gold (20.83 million tonnes grading 2.65 g/t Au) have already been delineated within a USD1,600/oz open pit shell. The gold mineralisation is open at depth at Adumbi and the banded ironstone host thickens at depth. Drilling has started with one rig at Adumbi and an additional rig to commence within the next two weeks.
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