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Loncor Resources updates on near-term milestones with its gold projects in the DRC

Published: 13:17 16 Sep 2020 EDT

Loncor Resources Inc (TSX:LN) (OTCQX:LONCF) (FSE:LO51) Vice President of Business Development John Barker updated Proactive on the gold exploration company's near-term milestones with its gold projects in the Democratic Republic of the Congo. Barker says the group is focused on projects on the Ngayu Belt in the DRC, and is looking to further expand it's current resources and exploration targets, while benefitting from a joint venture partnership with Barrick Gold (TSX:ABX) (NYSE:GOLD).

Loncor Gold releases Preliminary Economic Assessment on Adumbi Gold Deposit

Loncor Gold CEO John Barker joined Steve Darling from Proactive to share news the company has announced the results of the Preliminary Economic Assessment for the Adumbi gold deposit in the Congo. Barker telling Proactive the PEA includes a Pre-tax NPV of US$895 million and post-tax NPV of...

on 12/15/2021