Canadian exploration company Loncor has announced the results of its deep drilling program at the Adumbi Gold Mine in the Democratic Republic of Congo, confirming high-grade gold deposits at various depths.
The company intersected deposits grading 26,94 grams per ton (g/t) at 0.45 meters, 5.82 g/t at 16.07 meters and 4.77 g/t at 22.64 meters.
“Hole LADD027 was situated in the northwest of the Adumbi deposit and intersected the mineralization at a vertical depth of 478 meters below surface, and 75 meters below the previously outlined USD1,600/oz pit shell,” stated John Barker, CEO, Loncor. He said the results support plans to develop an underground mine to complement the existing open-pit operation.
Samples have been sent for evaluation at SGS Laboratory in Tanzania, with further drilling underway and additional results expected in March 2025.
