LN.TO
Published on 05/13/2025 at 05:57
LONCOR'S FOUND THE GOLD,
THE MARKET'S YET TO FIND LONCOR
OUTLINING MAJOR GOLD RESOURCES IN AFRICA'S LAST FRONTIER
Presented by
J o h n B a r k e r - C E O
M a y 2 0 2 5
T S X : L N
O T C Q X : L O N C F F S E : L O 5
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1
Why Loncor? - a simple investment proposition
Loncor's DRC gold project has quietly grown into one of the major new discoveries in Africa in terms of ounces, grade and future potential - with a mining permit and detailed Preliminary Economic Assessment (PEA) already in place
The DRC and Rwanda's in discussions regarding resolving local issues, while the US has cranked up it's interest in the DRC significantly with a focus on it's mineral potential.
Through ongoing drilling, Loncor aims to continue to grow and push through the Tier 1, five-million-ounce resource barrier in 2025
Loncor's quality, future potential and proximity to Africa's largest gold mine have yet to be recognised as it severely lags its peers' valuation
Please take time to review our story as we look to drill towards 5Mozs of high-grade resources
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Country
Political regime
Gold production royalty
Government equity
Corporation tax
2023 G.D.P.
(World Bank)
%
%
%
%
Guinea
Military govt since 2021
5
15-35
30
5.7
Mali
Military govt since 2021
6
20-35
35
5.2
Tanzania
Democratic elections in 2021
6
16
30
5.2
Ghana
Democratic elections in 2024
5
10
35
2.9
Ivory Coast
Democratic elections in 2001
6-7
10
25
6.5
Burkina Faso
Military govt since 2022
7 over US$2,000/oz
10
25
3.2
D.R. Congo
Democratic elections since 2006
3.5
10
30
7.8
The DRC has elected a democratic Government since 2006, last election December 2023
Versus other gold rich African countries, the DRC has a favourable mining and fiscal regime, offering low gold production royalties and low government equity participation
Strategically, the DRC is a major global supplier of "Green Minerals" (Copper, Cobalt, Lithium) which should underpin positive GDP growth going forward
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0.8Mt
Average time-discovery to Mine +/- 23 years
DRC's copper output's tripled in seven years -now 2nd largest global producer
Source: S & P Review
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Disclaimer
Loncor Gold Inc. published this content on May 13, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on May 13, 2025 at 09:56 UTC.