Loncor Gold

Loncor Gold, Inc. engages in the acquisition, exploration, and development of gold and mineral properties. The firm is engaged in the acquisition and exploration of mineral properties. The company is focused on projects within a 480-kilometer square area on the Ngayu Greenstone Belt in the northeast of The Democratic Republic of the Congo (DRC). Its Adumbi property covers an area of approximately 122 square kilometers within the Ngayu Archaean Greenstone Belt in the Ituri and Haut Uele provinces in northeastern Congo. The company holds 84.68% of the 3.66 million ounces (ozs) of indicated and inferred resources within the pit shell. Its Isiro property covers an area of approximately 1,271 square kilometers in the province of Haut Uele, in northeastern Congo. The company owns or controls a contiguous block of 46 exploration permits covering an area of approximately 13,000 square kilometers to the northwest of Lake Edward in North Kivu province. Its provincial centers within the North Kivu project area are Butembo and Lubero.