Loncor Foundation

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Website
1 First Canadian Pl
Toronto, ON M5H
+1 (416) 366-2221
http://www.loncor.com

Loncor Gold Inc. is a Canadian gold exploration company engaged in projects within a 480 km² area of the Ngayu Greenstone Belt in Northeast the Democratic Republic of the Congo (DRC). The company focuses on its flagship Adumbi project, which has an estimated resource of 3.66 million ounces and is located in proximity to Africa's largest gold mine, the Barrick Gold-managed Kibali mine.

With a commitment to developing its resources, Loncor has reported significant pre-tax valuations for Adumbi and is actively drilling to expand its underground resources, aiming to elevate the project to Tier 1 status. The recent sale of a non-core asset has facilitated additional financing for the advancement of their key project, emphasizing Loncor's strategic focus on long-term growth and corporate responsibility in the mining sector.

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