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Loncor Gold Aims To Expand High-Grade Discovery Amid Soaring Gold Prices

Posted by Paul Nanuwa at 10:25 AM on Friday, March 21st, 2025

Introduction

As gold continues its upward trajectory, nearing record highs and gaining for the third consecutive week, investor attention is squarely focused on producers and explorers best positioned to capitalize on this momentum. Loncor Gold (TSX: LN) (OTCQX: LONCF) (FSE: LO5), a Canadian gold exploration company operating in the Democratic Republic of the Congo, is gaining relevance as its drilling campaign at the 3.66-million-ounce Adumbi deposit delivers strong, high-grade results.

With macroeconomic instability, global trade tensions, and geopolitical conflicts fueling demand for gold as a hedge, Loncor Gold’s strategic timing and location within Africa’s prolific Ngayu Greenstone Belt have positioned it to benefit from the sector’s upward trend.

Industry Outlook and Loncor Gold’s Trajectory

Gold has surged 16% year-to-date, marking 15 all-time highs in 2025 alone. The rally is driven by a mix of geopolitical unrest, fears of trade disruptions, and expectations of monetary easing. Analysts at Macquarie now see gold climbing to $3,500 per ounce, underlining the asset’s role as a stable store of value.

This trend directly benefits companies like Loncor Gold, which holds one of the largest gold deposits in the DRC, second only to the Barrick-AngloGold Kibali mine. As inflation remains sticky and central banks hold rates, explorers with scale and grade in geopolitically significant jurisdictions are increasingly on investor radar.

Voices of Authority

“Gold has benefited as the White House prepares to announce another wave of tariffs,” the BNN Bloomberg article notes, adding that “Macquarie Group forecasts [gold] could rise as high as $3,500 an ounce.” With bullion trading near $3,057/oz, the support for safe-haven assets is clear.

These insights highlight the relevance of projects like Adumbi, which are becoming more economically attractive in light of rising gold prices and investor appetite for tangible, growth-stage assets.

Loncor Gold’s Highlights

Loncor’s operational strategy continues to deliver:

  • Foundational Resource: 3.66 million ounces defined, including 1.88 Moz in indicated and 1.78 Moz in inferred resources.
  • Location Advantage: Situated 220 km from Kibali, Africa’s largest gold mine—positioned on the same geological belt.
  • Advanced Exploration: Recent drill holes such as LADD028 returned 13.92m at 6.01 g/t gold, including 7.94m at 9.54 g/t and 0.87m at 82.97 g/t.
  • Scalability: Drilling continues below the current pit shell, targeting further resource expansion and underground potential.
  • High-Grade Focus: Successive holes (LADD027, LADD028) have delivered multiple high-grade intercepts, supporting the project’s Tier 1 potential.

Real-World Relevance

Loncor represents a tangible opportunity to participate in gold’s global resurgence. The company’s Adumbi deposit is not just a number on a page—it’s a physical asset in the ground, drilling results in hand, and development potential in motion. As gold prices soar, ounces in the ground become increasingly valuable—particularly when they’re backed by strong data, favorable location, and a reliable operating record.

Loncor’s focus on expanding Adumbi mirrors the strategy of larger producers, but with greater upside given its exploration-stage valuation. In a world where investors seek assets uncorrelated to equities and currencies, Loncor’s growth narrative offers both scale and scarcity.

Looking Ahead with Loncor Gold

As drilling at Adumbi continues, Loncor remains focused on elevating the deposit to Tier 1 status. The company’s technical team, capital position, and strategic location in the DRC provide a clear path to expansion. With results continuing to confirm both grade and continuity, Loncor appears to be aligning its operational performance with an increasingly favorable macro environment.

Conclusion

In an era of economic uncertainty, gold’s value as a safe haven is proving more resilient than ever. Loncor Gold’s consistent exploration success, location beside one of Africa’s premier gold mines, and growing resource base make it a standout in the emerging producer space.

As global trends fuel further gold upside, Loncor is positioned not just to benefit—but to lead.

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DISCLAIMER AND DISCLOSURE 

This record is published on behalf of the featured company or companies mentioned (Collectively “Clients”), which are paid clients of Agora Internet Relations Corp or AGORACOM Investor Relations Corp. (Collectively “AGORACOM”)

AGORACOM.com is a platform. AGORACOM is an online marketing agency that is compensated by public companies to provide online marketing, branding and awareness through Advertising in the form of content on AGORACOM.com, its related websites (smallcapepicenter.com; smallcappodcast.com; smallcapagora.com) and all of their social media sites (Collectively “AGORACOM Network”) .  As such please assume any of the companies mentioned above have paid for the creation, publication and dissemination of this article / post.

You understand that AGORACOM receives either monetary or securities compensation for our services, including creating, publishing and distributing content on behalf of Clients, which includes but is not limited to articles, press releases, videos, interview transcripts, industry bulletins, reports, GIFs, JPEGs, (Collectively “Records”) and other records by or on behalf of clients. Although AGORACOM compensation is not tied to the sale or appreciation of any securities, we stand to benefit from any volume or stock appreciation of our Clients.  In exchange for publishing services rendered by AGORACOM on behalf of Clients, AGORACOM receives annual cash and/or securities compensation of typically up to $125,000.

Facts relied upon by AGORACOM are generally provided by clients or gathered by AGORACOM from other public sources including press releases, SEDAR and/or EDGAR filings, website, powerpoint presentations.  These facts may be in error and if so, Records created by AGORACOM may be materially different. In our video interviews or video content, opinions are those of our guests or interviewees and do not necessarily reflect the opinion of AGORACOM.

From time to time, reference may be made in our marketing materials to prior Records we have published. These references may be selective, may reference only a portion of an article or recommendation, and are likely not to be current. As markets change continuously, previously published information and data may not be current and should not be relied upon.

NO INVESTMENT ADVICE

This record, and any record we publish by or on behalf of our clients, should not be construed as an offer or solicitation to buy or sell products or securities.

You understand and agree that no content in this record or published by AGORACOM constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable or advisable for any specific person and that no such content is tailored to any specific person’s needs. We will never advise you personally concerning the nature, potential, advisability, value or suitability of any particular security, portfolio of securities, transaction, investment strategy, or other matter.

Neither the writer of this record nor AGORACOM is an investment advisor.  Both are neither licensed to provide nor are making any buy or sell recommendations. For more information about this or any other company, please review their public documents to conduct your own due diligence.

If you have any questions, please direct them to [email protected]

For our full website disclaimer, please visit http://  https://agoracom.com/terms-and-conditions

 

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Great Atlantic Resources Ready to Ride the $3,000+ Gold Wave and Critical Metals Boom

Posted by Paul Nanuwa at 3:20 PM on Tuesday, March 18th, 2025

Industry Outlook and Great Atlantic Resources’ Trajectory

Gold prices have surged to new record highs, fueled by persistent safe-haven demand amid rising geopolitical uncertainty, trade tensions, and an evolving global financial landscape. With April gold futures climbing to $3,034.20 and silver prices following suit, the demand for precious and strategic metals remains strong.

Against this backdrop, Great Atlantic Resources (TSXV: GR) is strategically positioned to capitalize on the current market environment. Operating in the mining-friendly jurisdiction of Atlantic Canada, the company’s focus on gold, tungsten, copper, and other critical minerals aligns with global trends favoring resource security and supply chain diversification.

Voices of Authority

Analysts are attributing gold’s strong performance to fundamental shifts in global financial policies. According to SP Angel, “The fragmentation of the past 20 years of globalization is likely a key theme in this gold bull run,” noting that central banks—particularly in China—are increasing their gold reserves as part of a broader de-dollarization strategy.

For junior explorers like Great Atlantic Resources, this trend presents an opportunity. The company’s expanding asset base in New Brunswick and Newfoundland positions it well to potentially benefit from sustained investor interest in metals that serve as both wealth preservation assets and critical industrial inputs.

 

 

Great Atlantic Resources’ Key Strategic Advancements

In step with rising demand for gold and critical minerals, Great Atlantic has taken significant steps to strengthen its portfolio:

Golden Promise Gold Project (Newfoundland) – Gold & Copper Potential

The Golden Promise Gold Project, located in Newfoundland, continues to deliver high-grade gold and copper values, reinforcing its position as a key exploration asset. Notable results include: The most recent NI 43-101 Mineral Resource Estimate confirms:

  • 119,900 ounces of gold (Measured & Indicated) at 10.4 g/t gold.
  • 37,600 ounces of gold (Inferred) at 7.1 g/t gold.

Other results include:

  • 0.964 g/t gold from a glacial float boulder.
  • 0.481 g/t gold and >1% copper from an outcrop grab sample.
  • 0.537% copper from a float sample, demonstrating significant base metal potential.

Nashwaak Lake Tungsten Acquisition (New Brunswick) – High-Grade Tungsten

Strategically located near the Sisson Tungsten-Molybdenum Project, Great Atlantic’s Nashwaak Lake property enhances its exposure to critical metals essential for industrial and military applications. Significant historical results include:

  • 2.03% tungsten (2.55% WO₃) in a 2022 rock sample.
  • 0.443% tungsten (0.558% WO₃) over 0.96 meters in a 2009 drill hole.

These grades are well above typical tungsten deposit averages, reinforcing the property’s strong potential for development.

Southwestern New Brunswick Tin-Tungsten Project – Multi-Metal Discovery Potential

Great Atlantic’s newest acquisition includes eight mineral claims covering approximately 4,100 hectares, bordering known deposits and past-producing mines. Historical exploration data has revealed:

  • Tin: 20.3% tin from a 1990 rock sample (float) at the Pughole Claim.
  • Tungsten: 1.66% tungsten (2.09% WO₃) from a 2020 prospecting rock sample at Flume Ridge.
  • Indium: 785 ppm indium, alongside 18.6% zinc and 0.32% tin, from a 1.2-meter intercept at Pughole.
  • Silver: >100 ppm silver and 9.76% lead, 5.64% zinc, 0.94% tin over 0.83 meters in WP-08-24 drill hole.
  • Lithium: 3,840 ppm lithium from a 2019 rock sample at Pleasant Ridge North.

 

 

Real-World Relevance: Why This Matters

The importance of securing reliable sources of gold, tungsten, and battery metals has become a central theme for global economies. As nations prioritize domestic supply chains and resource independence, exploration companies like Great Atlantic Resources play a pivotal role in advancing projects that can contribute to North America’s long-term resource security.

The company’s presence in Atlantic Canada—a region recognized for its low geopolitical risk and strong regulatory framework—further enhances its attractiveness as an investment opportunity. Unlike operations in high-risk jurisdictions, Great Atlantic benefits from stability, clear permitting processes, and access to skilled labor for exploration and development activities.

Looking Ahead: Great Atlantic Resources in the Current Market Cycle

With gold and silver prices reaching new highs, and industrial metals such as tungsten, copper, and tin seeing increased demand, Great Atlantic Resources is potentially well-positioned for future growth. Its project generation model, backed by a diversified portfolio of high-potential properties, provides strong leverage to the prevailing commodity cycle.

The company’s recent acquisitions and exploration activities reinforce its commitment to discovering and developing valuable mineral assets in one of the safest and most mining-friendly regions globally.

Conclusion

As the global resource sector continues to evolve, Great Atlantic Resources stands out as a well-positioned junior exploration company with exposure to gold, critical minerals, and battery metals.

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DISCLAIMER AND DISCLOSURE 

This record is published on behalf of the featured company or companies mentioned (Collectively “Clients”), which are paid clients of Agora Internet Relations Corp or AGORACOM Investor Relations Corp. (Collectively “AGORACOM”)

AGORACOM.com is a platform. AGORACOM is an online marketing agency that is compensated by public companies to provide online marketing, branding and awareness through Advertising in the form of content on AGORACOM.com, its related websites (smallcapepicenter.com; smallcappodcast.com; smallcapagora.com) and all of their social media sites (Collectively “AGORACOM Network”) .  As such please assume any of the companies mentioned above have paid for the creation, publication and dissemination of this article / post.

You understand that AGORACOM receives either monetary or securities compensation for our services, including creating, publishing and distributing content on behalf of Clients, which includes but is not limited to articles, press releases, videos, interview transcripts, industry bulletins, reports, GIFs, JPEGs, (Collectively “Records”) and other records by or on behalf of clients. Although AGORACOM compensation is not tied to the sale or appreciation of any securities, we stand to benefit from any volume or stock appreciation of our Clients.  In exchange for publishing services rendered by AGORACOM on behalf of Clients, AGORACOM receives annual cash and/or securities compensation of typically up to $125,000.

Facts relied upon by AGORACOM are generally provided by clients or gathered by AGORACOM from other public sources including press releases, SEDAR and/or EDGAR filings, website, powerpoint presentations.  These facts may be in error and if so, Records created by AGORACOM may be materially different. In our video interviews or video content, opinions are those of our guests or interviewees and do not necessarily reflect the opinion of AGORACOM.

From time to time, reference may be made in our marketing materials to prior Records we have published. These references may be selective, may reference only a portion of an article or recommendation, and are likely not to be current. As markets change continuously, previously published information and data may not be current and should not be relied upon.

NO INVESTMENT ADVICE

This record, and any record we publish by or on behalf of our clients, should not be construed as an offer or solicitation to buy or sell products or securities.

You understand and agree that no content in this record or published by AGORACOM constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable or advisable for any specific person and that no such content is tailored to any specific person’s needs. We will never advise you personally concerning the nature, potential, advisability, value or suitability of any particular security, portfolio of securities, transaction, investment strategy, or other matter.

Neither the writer of this record nor AGORACOM is an investment advisor.  Both are neither licensed to provide nor are making any buy or sell recommendations. For more information about this or any other company, please review their public documents to conduct your own due diligence.

If you have any questions, please direct them to [email protected]

For our full website disclaimer, please visithttp://  https://agoracom.com/terms-and-conditions

 

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Posted in AGORACOM Client Feature, AGORACOM Sector Spotlight, AGORACOM Small Cap Stocks For Investment, AGORACOM Traffic, Great Atlantic Resources | Comments Off on Great Atlantic Resources Ready to Ride the $3,000+ Gold Wave and Critical Metals Boom

Loncor Gold on the Rise – High-Grade Hits Confirm Tier 1 Potential

Posted by Paul Nanuwa at 12:44 PM on Wednesday, March 12th, 2025

Introduction

In a sector where resource expansion is key to long-term value creation, Loncor Gold Inc. (TSX: LN) (OTCQX: LONCF) (FSE: LO5) is making headlines with its latest drilling results at the Adumbi deposit in the Democratic Republic of the Congo (DRC). The company has reported high-grade gold intersections, with hole LADD028 returning 13.92 metres grading 6.01 g/t gold, including 7.94 metres at 9.54 g/t, along with an exceptional 0.87-metre intercept grading 82.97 g/t gold.

For those of you tracking the growth trajectory of emerging gold exploration companies, these results reinforce Loncor’s positioning within the competitive mining landscape. With a 3.66 million-ounce resource at Adumbi and ongoing drilling programs aimed at resource expansion, Loncor continues to strengthen its case as a premier gold exploration company in Africa.

Background and Context

Loncor Gold operates in the Ngayu Greenstone Belt, a highly prospective region in the northeast DRC known for its significant gold mineralization. The company’s flagship Adumbi deposit is located within the Imbo Project, where Loncor has an 84.68% attributable interest.

Over the past several years, Loncor has methodically grown its resource base, leveraging its experienced management team and strategic location near the Kibali Gold Mine—one of Africa’s largest gold operations, owned by Barrick Gold and AngloGold Ashanti. The latest drilling results not only confirm the high-grade potential of Adumbi but also set the stage for further resource expansion beyond the existing USD1,600/oz open pit shell.

Key Highlights and Advantages

The latest drilling results from hole LADD028 present several compelling aspects:

  • High-Grade Gold Intercepts: 13.92 metres at 6.01 g/t gold, including 7.94 metres at 9.54 g/t gold, alongside a standout 0.87-metre intercept at 82.97 g/t gold.
  • Expansion of Known Mineralization: These results confirm the continuity of mineralization within the banded ironstone formation (BIF), a key host rock at Adumbi.
  • Growing Potential for Underground Mining: As deeper drilling continues to uncover high-grade intercepts, Loncor is increasingly validating the opportunity for a hybrid mining operation that combines open-pit and underground mining methods.
  • Geological Continuity and Robust Structural Setting: The gold mineralization is associated with a thick package of interbedded BIF, quartz carbonate, and schist, offering strong geological predictability for further exploration.

Potential Impact and Significance

For Loncor, these latest drill results represent a significant step toward unlocking Adumbi’s full potential. With its current indicated and inferred mineral resources totaling 3.66 million ounces of gold, the company is edging closer to the Tier 1 classification—an elite designation for gold projects exceeding 5 million ounces.

Moreover, Loncor’s success at Adumbi bolsters confidence in the broader Imbo Project, where additional high-priority targets could contribute to further resource growth. Given the rising demand for gold as a safe-haven asset amid economic uncertainty, companies with scalable, high-grade deposits are well-positioned to attract investor attention and strategic partnerships.

Expert Opinions and Analysis

Loncor CEO John Barker emphasized the significance of the latest drill results, stating: “This hole represents another excellent intersection from the ongoing drill program at Adumbi. The geological continuity demonstrated by hole LADD028 is encouraging, and drilling continues below the proposed open pit shell with the aim of increasing our 3.66 million-ounce resource into a Tier 1 project.”

Industry analysts have noted that Loncor’s systematic approach to exploration, combined with its favorable location near major gold operations, positions the company as a compelling investment opportunity. As mining companies worldwide seek to replenish dwindling reserves, high-grade African gold projects remain a focal point for potential acquisitions and joint ventures.

Challenges and Considerations

While Loncor’s latest drilling success is promising, several factors must be considered:

  • Logistical and Operational Hurdles: As with any mining operation in remote regions, infrastructure and supply chain management remain critical to execution.
  • Geopolitical Considerations: Operating in the DRC presents jurisdictional risks, including regulatory changes and permitting processes.
  • Market Volatility: The price of gold remains a key external factor influencing investor sentiment and project economics.

That said, Loncor’s extensive experience in the region and its adherence to high-quality exploration and operational standards mitigate many of these risks.

Conclusion

Loncor Gold’s latest drilling results at Adumbi add another layer of confidence to the company’s ongoing resource expansion efforts. With strong geological continuity, high-grade intercepts, and a clear strategy to build a Tier 1 asset, the company is steadily progressing toward becoming a major player in the African gold mining sector. As the company continues to advance its drilling program and define additional resources, it remains one to watch in the evolving global gold landscape.

YOUR NEXT $LN STEPS

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$LN Official Verified Discussion Forum On AGORACOM:  https://agoracom.com/ir/LoncorGold/forums/discussion

DISCLAIMER AND DISCLOSURE 

This record is published on behalf of the featured company or companies mentioned (Collectively “Clients”), which are paid clients of Agora Internet Relations Corp or AGORACOM Investor Relations Corp. (Collectively “AGORACOM”)

AGORACOM.com is a platform. AGORACOM is an online marketing agency that is compensated by public companies to provide online marketing, branding and awareness through Advertising in the form of content on AGORACOM.com, its related websites (smallcapepicenter.com; smallcappodcast.com; smallcapagora.com) and all of their social media sites (Collectively “AGORACOM Network”) .  As such please assume any of the companies mentioned above have paid for the creation, publication and dissemination of this article / post.

You understand that AGORACOM receives either monetary or securities compensation for our services, including creating, publishing and distributing content on behalf of Clients, which includes but is not limited to articles, press releases, videos, interview transcripts, industry bulletins, reports, GIFs, JPEGs, (Collectively “Records”) and other records by or on behalf of clients. Although AGORACOM compensation is not tied to the sale or appreciation of any securities, we stand to benefit from any volume or stock appreciation of our Clients.  In exchange for publishing services rendered by AGORACOM on behalf of Clients, AGORACOM receives annual cash and/or securities compensation of typically up to $125,000.

Facts relied upon by AGORACOM are generally provided by clients or gathered by AGORACOM from other public sources including press releases, SEDAR and/or EDGAR filings, website, powerpoint presentations.  These facts may be in error and if so, Records created by AGORACOM may be materially different. In our video interviews or video content, opinions are those of our guests or interviewees and do not necessarily reflect the opinion of AGORACOM.

From time to time, reference may be made in our marketing materials to prior Records we have published. These references may be selective, may reference only a portion of an article or recommendation, and are likely not to be current. As markets change continuously, previously published information and data may not be current and should not be relied upon.

NO INVESTMENT ADVICE

This record, and any record we publish by or on behalf of our clients, should not be construed as an offer or solicitation to buy or sell products or securities.

You understand and agree that no content in this record or published by AGORACOM constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable or advisable for any specific person and that no such content is tailored to any specific person’s needs. We will never advise you personally concerning the nature, potential, advisability, value or suitability of any particular security, portfolio of securities, transaction, investment strategy, or other matter.

Neither the writer of this record nor AGORACOM is an investment advisor.  Both are neither licensed to provide nor are making any buy or sell recommendations. For more information about this or any other company, please review their public documents to conduct your own due diligence.

If you have any questions, please direct them to [email protected]

For our full website disclaimer, please visit  https://agoracom.com/terms-and-conditions

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ESGold Corp. Has Projected Gross Revenues of $107M, With Upside of $315M Over 5 Years

Posted by Alavaro Coronel at 12:58 PM on Monday, March 10th, 2025

ESGold Corp. ($ESAU / $SEKZF) is rewriting the script for junior gold companies by prioritizing cash flow generation before launching into large-scale exploration. In an industry where many companies spend years searching for resources before turning a profit, ESGold is taking a different approach—one designed to generate revenue quickly while maximizing its long-term potential. With projected gross revenues of $107 million and an upside of $315 million over five years, the company is positioning itself as a leader in the new era of efficient, sustainable mining.

At the heart of ESGold’s strategy is its Montauban Gold & Silver Project in Quebec, a province known for its rich mining history and world-class infrastructure. With production set to begin as early as Q3 2025, ESGold is moving rapidly toward a reality that many junior miners only dream of—real revenues and sustained profitability.

The ESGold Advantage: Efficiency, Low Costs, and Immediate Revenue

The company’s low capital expenditure (CapEx) and efficient processing methods allow it to start production quickly and cost-effectively:

  • Low Initial CapEx: Just $6 million for construction and a few million for initial operating costs, making ESGold one of the most capital-efficient players in the space.
  • Efficient Processing: The company’s 500-ton-per-day (TPD) pilot mill will scale to 1,000 TPD, significantly increasing output over time.
  • Rapid Payback Period: Based on a conservative gold price of $1,750 per ounce, the project has an initial payback of just 0.9 years—a near-unprecedented turnaround time in the industry.

With gold prices currently trading well above the $1,750 mark, ESGold’s upside potential is even greater than initial estimates suggest.

“We’ve tripled our market cap in six months, increased liquidity, and are set to begin construction soon. This project isn’t speculation—it’s backed by real numbers and a proven resource,” said Brad Kitchen, President & Director of ESGold.

Why Quebec? The Perfect Mining Jurisdiction

One of ESGold’s greatest strengths is its location. Unlike mining projects in politically unstable regions, ESGold benefits from Quebec’s world-class infrastructure, skilled workforce, and community support. Key advantages include:

  • Reliable Power Supply: Abundant and affordable electricity helps keep operating costs low.
  • Skilled Mining Labor: Quebec has a long history of mining, ensuring a deep talent pool for operations.
  • Business-Friendly Environment: Strong relationships with First Nations communities and local government support provide stability and predictability.

A Sustainable Approach to Mining

ESGold isn’t just focused on profitability—it’s also pioneering a more sustainable approach to gold mining. Instead of traditional exploration and drilling, the company is leveraging tailings reprocessing, a method that extracts valuable metals from previously mined material. This reduces environmental impact while simultaneously monetizing overlooked resources.

Additionally, ESGold is utilizing Ambient Noise Tomography (ANT), an innovative technology that enables the company to refine its exploration efforts without the need for costly aerial surveys.

This ESG-driven approach positions the company as a responsible and forward-thinking player in the gold industry—an important factor for today’s investors who prioritize sustainability alongside profitability.

Upcoming Catalysts

Several major catalysts are on the horizon:

  • Production Start – Fall/Winter 2025 marks the beginning of cash flow generation.
  • Updated PEA Release – Expected by the end of March, factoring in higher gold prices.
  • Advanced Exploration Results – Potential to unlock further upside.

Conclusion: A Mining Opportunity Like No Other

ESGold Corp. is not your typical junior mining company. Its unique location in Quebec, innovative approach to exploration and sustainability, and impressive financial projections make it a standout opportunity in today’s gold market.

As ESGold moves swiftly toward construction and updates its PEA to reflect the latest gold price trends, it would be wise to keep a close eye on this rising star. With production just around the corner, ESGold is only getting started.

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Loncor Gold Begins Drilling at Adumbi, Targeting Expansion of 3.66 Million Gold Ounces

Posted by Paul Nanuwa at 9:18 AM on Tuesday, February 11th, 2025

Loncor Gold Inc. (TSX: LN) (OTCQX:LONCF), a Canadian gold exploration company active in the Democratic Republic of the Congo (DRC), has resumed an ambitious drilling campaign at its flagship Adumbi project. The initiative is part of a broader strategy to expand the company’s resource base and position its high-grade deposit for Tier 1 status. This development is especially timely given the growing global demand for gold and renewed investor interest in African mining assets.

Background and Context

Loncor Gold has built its reputation over two decades of operating in the DRC’s Ngayu Greenstone Gold Belt. Focused on the Imbo and Makapela Projects, the company has made significant strides in delineating gold resources in this underexplored region. The Adumbi deposit, Loncor’s flagship asset, currently holds an indicated resource of 1.88 million ounces of gold and an inferred resource of 1.78 million ounces, defined within a USD1,600-per-ounce open-pit shell. This latest announcement marks the restart of deep drilling at Adumbi—now extending 11,000 meters below the open pit—and scout drilling on four additional targets along a 14-kilometer structural trend.

Key Highlights and Advantages

Loncor’s renewed drilling program is designed to unlock further value in the Adumbi deposit and its surrounding prospects. The main points include:

  • Deep Drilling at Adumbi:
    Two rigs have been mobilized to explore beneath the existing open pit, where the banded ironstone host thickens with depth, hinting at potential for additional high-grade mineralization.
  • Scout Drilling on New Targets:
    An additional rig is conducting a 12-hole (2,400-meter) scout drilling program on four exploration targets (Museveni, Esio Wapi, and Mungo Iko) located 8 to 12 kilometers southeast of Adumbi. Early results, including a high-grade intercept of 1.18 meters at 69.7 g/t Au in one hole, are encouraging.

Potential Impact and Significance

This drilling program has the potential to significantly increase the known gold resources at Adumbi, moving the deposit closer to Tier 1 status—a classification reserved for the highest quality and most economically viable assets. Expanding these resources could enhance Loncor’s market value and attract further investor interest, reinforcing its standing as a leading junior explorer in the African gold sector. Moreover, the scout drilling on additional targets may uncover new zones of high-grade mineralization, further diversifying the company’s asset portfolio.

Expert Opinions and Analysis

John Barker, CEO of Loncor Gold, commented on the recent developments:

“After some logistical challenges during the peak of the rainy season, drilling has now commenced on the deep drilling program at Adumbi that has the potential to push the high-grade deposit towards Tier 1 status. In addition, scout drilling along a 14 km structural trend is showing encouraging results.”

Industry analysts view this renewed focus as a positive step, noting that effective deep drilling and thorough quality assurance protocols are essential for unlocking the full potential of African gold assets.

Challenges and Considerations

Despite promising early results, Loncor faces several challenges, including logistical complexities in remote regions and the inherent uncertainties of deep drilling. However, the company’s extensive experience in the DRC and proactive operational strategies position it well to navigate these obstacles. Ongoing efforts to optimize drilling efficiency and maintain robust quality control will be critical in mitigating potential risks.

Conclusion

Loncor Gold’s strategic resumption of drilling at its Adumbi project and along its 14 km structural trend represents a significant step forward in expanding its high-grade gold resources. By leveraging its proven track record and rigorous exploration practices, Loncor is well-poised to enhance its asset value and offer investors a compelling opportunity in the global gold market. As the company continues to unlock the potential of the DRC’s rich mineral landscape, stakeholders are invited to monitor its progress and consider the long-term benefits of this promising venture.

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Lancaster Resources is Pioneering the Future of Sustainable Energy

Posted by Brittany McNabb at 2:09 PM on Monday, June 17th, 2024

In the rapidly evolving landscape of sustainable energy, Lancaster Resources (CSE: LCR | OTCQB: LANRF | FRA: 6UF0) stands out as a dynamic exploration company dedicated to harnessing the potential of critical minerals essential for the global transition to electrification and decarbonization. With a clear focus on discovering and developing resources like lithium, Lancaster Resources is strategically positioned to contribute significantly to the emerging energy sector.

A Vision for a Sustainable Future

Lancaster Resources is committed to the exploration and development of critical minerals that are pivotal for the next generation of clean energy technologies. As the world shifts towards more sustainable energy sources, the demand for minerals such as lithium, which is crucial for battery production, has surged. Lancaster Resources aims to meet this growing demand through innovative exploration and environmentally responsible development practices.

Key Projects and Strategic Focus

Lancaster Resources’ flagship project, the Alkali Flat Lithium Brine Project, is a prime example of their strategic focus. Located in Lordsburg, New Mexico, this project spans approximately 5,200 acres and includes 260 mineral placer claims at the core of the Alkali Flats playa. The primary objective of this project is to produce Net-Zero Lithium using advanced direct lithium extraction technology powered by solar energy. This approach not only aims to provide a reliable supply of lithium but also aligns with global sustainability goals.

Company Highlights

  • Alkali Flat Lithium Brine Project: Lancaster Resources received approval from the Bureau of Land Management (BLM) and the New Mexico Mining and Minerals Division (MMD) for their Plan of Operations. This project has the potential to drill up to three wells, with the maiden well expected in Q2 2024. The collaboration with BLM ensures strict adherence to access, safety, and environmental protection protocols.
  • Strategic Partnerships: Lancaster Resources collaborates with industry leaders such as Hargrove Engineering and Lawrence Livermore National Labs to leverage cutting-edge technology and research for sustainable mining practices.
  • Advisory Board Excellence: The company recently appointed Paola Rojas, a seasoned corporate advisor and investor, and Miguel Paucar, an expert with over 28 years of experience in the international mining sector, to its Advisory Board. Their extensive experience and strategic insights will be invaluable in guiding Lancaster’s growth trajectory and enhancing operational efficiencies and environmental compliance.
  • Expansive Portfolio: Beyond the Alkali Flat Project, Lancaster Resources boasts a diverse portfolio that includes the Piney Lake Gold Property in Saskatchewan, the Trans-Taiga Lithium Property in Quebec’s James Bay lithium district, and uranium projects in Saskatchewan’s Athabasca basin.

Driving Innovation in Exploration

Lancaster Resources is not just focused on mineral extraction but is also driving innovation in exploration techniques. The use of advanced satellite hyperspectral acquisition, geospatial data aggregation, and AI-driven predictive modeling services underscores their commitment to leveraging technology for efficient and sustainable resource discovery. This forward-thinking approach positions Lancaster Resources at the forefront of the mining industry, enabling them to stay ahead of market trends and deliver value to stakeholders.

Environmental Stewardship and Sustainability

One of the core principles guiding Lancaster Resources is environmental stewardship. The company recognizes the importance of sustainable practices in mining and is dedicated to minimizing environmental impact. Their projects are designed to align with best practices in environmental management, ensuring that resource extraction does not come at the expense of the planet. By prioritizing sustainability, Lancaster Resources aims to set a benchmark for responsible mining in the industry.

Expertise and Leadership

Lancaster Resources’ management and technical team bring a wealth of experience to the table. With collective involvement in over 40 mineral discoveries and extensive experience in the exploration and development of projects across Canada, the American West, Mexico, and South America, the team is well-equipped to navigate the complexities of the mining industry. Their expertise ensures that Lancaster Resources is not only exploring promising opportunities but is also positioned to develop these resources efficiently and responsibly.

The recent addition of Miguel Paucar to the Advisory Board exemplifies this commitment. With over 28 years of experience in the international mining sector, Miguel has held significant roles in both underground and open-pit mining as well as geomechanics. His previous role as Mining Director at Sigma Lithium highlights his capability in advancing lithium extraction technologies and sustainability practices. His involvement is expected to enhance Lancaster’s operational efficiencies and environmental compliance.

The Future of Lancaster Resources

Looking ahead, Lancaster Resources is poised to make significant strides in the critical minerals sector. Their strategic projects, combined with a commitment to innovation and sustainability, position the company for long-term success. As the demand for critical minerals continues to rise, Lancaster Resources is well-placed to meet this demand while contributing to global efforts to reduce carbon emissions and transition to cleaner energy sources.

Conclusion

Lancaster Resources (CSE: LCR | OTCQB: LANRF | FRA: 6UF0) is more than just a mining company; it is a forward-thinking exploration firm dedicated to discovering and developing the minerals essential for the world’s energy transition. With a strong portfolio of projects, strategic partnerships, and a commitment to sustainability, Lancaster Resources is set to play a pivotal role in the future of the energy sector.

As Lancaster Resources continues to advance its projects and embrace innovative technologies, it remains a compelling opportunity for those looking to invest in the future of sustainable energy. The company’s dedication to responsible mining practices and its strategic focus on critical minerals make it a standout player in the industry, poised for growth and success in the years to come.

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This record is published on behalf of the featured company or companies mentioned (Collectively “Clients”), which are paid clients of Agora Internet Relations Corp or AGORACOM Investor Relations Corp. (Collectively “AGORACOM”)

AGORACOM.com is a platform. AGORACOM is an online marketing agency that is compensated by public companies to provide online marketing, branding and awareness through Advertising in the form of content on AGORACOM.com, its related websites (smallcapepicenter.com; smallcappodcast.com; smallcapagora.com) and all of their social media sites (Collectively “AGORACOM Network”) .  As such please assume any of the companies mentioned above have paid for the creation, publication and dissemination of this article / post.

You understand that AGORACOM receives either monetary or securities compensation for our services, including creating, publishing and distributing content on behalf of Clients, which includes but is not limited to articles, press releases, videos, interview transcripts, industry bulletins, reports, GIFs, JPEGs, (Collectively “Records”) and other records by or on behalf of clients. Although AGORACOM compensation is not tied to the sale or appreciation of any securities, we stand to benefit from any volume or stock appreciation of our Clients.  In exchange for publishing services rendered by AGORACOM on behalf of Clients, AGORACOM receives annual cash and/or securities compensation of typically up to $125,000.

 Facts relied upon by AGORACOM are generally provided by clients or gathered by AGORACOM from other public sources including press releases, SEDAR and/or EDGAR filings, website, powerpoint presentations.  These facts may be in error and if so, Records created by AGORACOM may be materially different. In our video interviews or video content, opinions are those of our guests or interviewees and do not necessarily reflect the opinion of AGORACOM.

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Lancaster Resources Believes They Are On The Cusp of A Groundbreaking Lithium Find

Posted by Brittany McNabb at 5:10 PM on Tuesday, May 7th, 2024

If you need reasons to believe in the future of electric vehicles and and the role lithium is going to play in this massive paradigm shift, then consider the following:

  1. The automotive industry is expected to invest $500 BILLION in the transition to EVs by 2030.
  2. 20M EV Vehicle sales projected by ‘25
  3. The Tesla Model S Long Range is reported to contain ~350 kilograms of lithium per vehicle

Enter Lancaster Resources, a dynamic exploration company dedicated to this emerging energy sector transition. Through the development of Net Zero Lithium, Lancaster will help power the future of Carbon free lithium development and production.

Major Lithium Breakthrough
Lancaster is on the verge of a groundbreaking discovery in lithium exploration, particularly at the Alkali Flat Project in New Mexico. With exclusive acquisition rights covering 5,200 acres, this property boasts exceptional accessibility with its proximity to both an interstate highway and a railway.

Striking Parallels
The Alkali Flat Project bears remarkable resemblance to Clayton Valley, the only active lithium mine in the US, projecting production of 10,000 tonnes of lithium carbonate-equivalent annually.

Cutting-edge AI / Drone Technology
Through a strategic alliance with KorrAI Technologies, Lancaster leverages cutting-edge imaging technology to expedite exploration processes, promising faster and more precise results. This partnership underscores Lancaster’s commitment to sustainable resource development and positions them as trailblazers in the industry.

Insights from Penny White
CEO Penny White sheds light on the meticulous research behind Lancaster’s lithium ventures, showcasing years of groundwork and strategic planning. The recent finding of unusual conductivity in underground water suggests there could be large amounts of lithium hidden underground. This discovery matches what’s expected in Clayton Valley, where there’s a high potential for finding significant lithium deposits. Expectations soar as Lancaster gears up for its maiden drill program, poised to validate the lithium concentrations in aquifers and potentially delineate a valuable resource.

Anticipated negotiations for off-take agreements signal promising prospects amidst the global deficit of lithium, driven not only by EV adoption but also by the expanding requirements of the AI and sustainable energy sectors.

Quote from Andrew Watson, Lancaster’s VP Engineering & Operations
“The approval of our maiden drilling application is confirmation of our commitment to responsible, minimal impact exploration and the last major hurdle before launching our maiden drilling program at Alkali Flat.”
With the recent approval of the Drill Permit for the Alkali Flat Lithium Brine Project, Lancaster Resources marks a pivotal milestone in its journey towards responsible and impactful exploration. As Lancaster progresses towards drilling the first well at Alkali Flat, witness the unfolding of a potentially game-changing discovery in the world of lithium exploration.

Discover the untapped potential of Lancaster Resources Inc. Watch the full interview now and explore the future of lithium innovation. Visit AGORACOM to access exclusive insights and stay ahead of the curve in the small cap market.

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Lancaster Resources To Deploy AI To Find Gold Near The Largest Gold Mine In Saskatchewan

Posted by Brittany McNabb at 10:20 AM on Tuesday, April 30th, 2024

With the price of gold hovering over $2,300 and near all-time highs, as well as, surging prices in copper and other metals, investors are looking for great undiscovered resource companies that are now starting to emerge into the spotlight.

Lancaster Resources (LCR: CSE) (LANRF: OTCQB) is primarily engaged in exploring lithium and uranium and other critical minerals, with a goal to produce Net-Zero Lithium. Guiding Lancaster is CEO Penny White and skilled management and technical teams with collective involvement in over 15 commercial mineral discoveries, so it should come as no surprise the team is expanding its portfolio to include some very interesting opportunities in gold.

40 KILOMETRES FROM LARGEST GOLD MINE IN THE PROVINCE

Lancaster announced its latest endeavour: the acquisition of the Piney Lake Gold Property. Nestled in Saskatchewan, Canada, this 2,267.8-hectare property represents an exciting addition to Lancaster’s exploration portfolio.

Situated just 65 kilometers east of La Ronge Provincial Park, Piney Lake is surrounded by established gold claims.

Specifically, Saskatchewan’s largest gold mine, SSR Minerals Seabee Operations, is located approximately 40 km to the north Piney Lake, with the Santoy underground mine in continuous commercial production since 2014.  Commercial production at the Seabee underground mine commenced in 1991 and exhausted Mineral Resources in 2018.

Moving beyond gold, North Arrow Minerals’ discovery of diamonds in 2013, followed by Alto Minerals’ exploration in 2014, emphasizes the properties’ mineralization and exploration upside for gold, copper, and other minerals.

Its accessibility via provincial highways adds to its appeal as a prospective exploration site.

HISTORY INDICATES HIGH-GRADE GOLD POTENTIAL

Historical samplings have identified significant gold showings along a north-south trend, indicating the property’s high-grade potential. These findings, coupled with modern exploration techniques, set the stage for exciting discoveries.

DRONES, ARTIFICIAL INTELLIGENCE AND HIGH TECH EXPLORATION

Lancaster intends to deploy hyperspectral imaging, which combines satellite imagery and drone surveys. The company will then leverage artificial intelligence and machine learning to delineate a focused field exploration program.

Penny White, President and CEO of Lancaster Resources Inc.

“The acquisition of the Piney Lake Gold Property marks an exciting addition to our exploration portfolio.”

CONCLUSION:

The acquisition of Piney Lake Gold Property signifies a significant step forward for Lancaster Resources and great diversification of the Company’s strong portfolio of critical minerals projects.

Watch this exclusive interview with Lancaster Resources’ CEO, Penny White, as she discusses the strategic significance of the Piney Lake acquisition.

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Green River Gold Goes 50-For-50 Drilling Nickel. Anticipates 43-101 Resource Estimate In 2024

Posted by Brittany McNabb at 4:33 PM on Monday, March 18th, 2024

If you hit .300 in baseball Hall Of Fame

If you shot 50% basketball You’re an icon

If you go 50-50 in drilling You’re Green River Gold

With Gold maintaining its strength above $2,100 and the electric vehicle boom driving unprecedented demand for battery metals, the resource industry is witnessing a profound and optimistic shift. Amidst this transformative landscape, investors face a crucial decision: Do they prioritize the enduring appeal of Gold, or do they capitalize on the emerging opportunities within the rapidly expanding battery metals sector?

Enter Green River Gold, a dynamic small-cap resources company strategically positioned to provide investors with the best of both worlds. By curating a portfolio of powerhouse projects in British Columbia, Green River Gold offers unparalleled access to the wealth potential of both precious metals and critical battery metals.

Projects include: 

  1. Quesnel Nickel/Magnesium/Talc Project
  2. Fontaine Gold Project
  3. KaLi Lithium Pegmatite Project
  4. Kymar Silver Project
  5. Midnight Special Prospect (Gold, Silver, Copper)

These projects collectively position Green River Gold Corp. in some of British Columbia’s most highly prospective mining districts.

6000 METERS OF DRILLING AND BULK SAMPLING PROGRAM

Green River Gold ignites excitement with the approval of a comprehensive exploration plan for its Quesnel Nickel Project. The company’s five-year area-based permit promises a deep dive into the potential riches beneath the surface.

What’s in Store:

  1. The company is set to embark on a significant drilling campaign, targeting Zone 1 with infill drilling to establish an NI 43-101 compliant resource estimate.
  2. Bulk Sampling: A substantial 3,999-tonne bulk sampling program will provide ample material for metallurgical and mineralogical testing, focusing on nickel, magnesium, and talc deposits.
  3. Expansion Endeavors: Green River aims to expand the known footprint of Zone 1 mineralization while seeking to unveil the source of metallic veins previously discovered.

QUOTE OF CONFIDENCE 

Perry Little, President and CEO of Green River Gold Corp., expresses enthusiasm, stating,

“We are pleased to move on to a deeper drilling program and a significant bulk sampling program after intersecting various minerals from surface. Our aim is to unlock the full mineral resource potential of this exciting project.”

AN EXCITING PROSPECTIVE

With each drill and sample, Green River Gold Corp. is paving the way for potential discoveries in the untapped depths of the Quesnel Nickel Project. As the company delves deeper, investors eagerly anticipate the unveiling of valuable resources and the ensuing strides in sustainable resource development.

For further insights into Green River Gold Corp. and its ambitious exploration efforts, delve into the full interview with Perry Little, available now.

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VIDEO – Green River Gold Goes 50-50 In Nickel Drilling With Results Similar To Giga Metals. 43-101 Anticipated By Summer 2024

Posted by Brittany McNabb at 4:28 PM on Friday, December 8th, 2023

If you hit .300 in baseball, you’re a Hall Of Famer

If you shot 50% in basketball, you’re an icon

If you go 50-50 in drilling, you’re Green River Gold

In the dynamic realm of small-cap resources, Green River Gold ($CCR $CCRRF) emerges as a formidable player, offering investors a unique blend of opportunities in both the resilient gold market and the burgeoning battery metals sector. With Gold standing strong above $2,000 and the electric vehicle revolution igniting unprecedented demand for critical minerals, Green River Gold’s strategic projects in British Columbia position it at the forefront of a transformative era in the resource industry.

Projects Redefining Prospects:

Quesnel Nickel/Magnesium/Talc Project, Fontaine Gold Project, KaLi Lithium Pegmatite Project, Kymar Silver Project, and Midnight Special Prospect.

Green River Gold’s powerhouse portfolio spans key projects strategically located in British Columbia’s most promising mining districts. The Quesnel Nickel Project, in particular, stands out, with impressive assay results showcasing significant nickel, magnesium, cobalt, and chromium concentrations across 50 consecutive drill holes. Mine Manager Kyle Townsend emphasizes the immense upside potential, highlighting the ongoing drilling and an upcoming 6,000-meter NQ drill program as catalysts for success.

Validation through Assay Results:

In the recent report on the Quesnel Nickel Project, Kyle Townsend underscores the consistent mineralization and the exciting possibilities in the Cariboo Mining District. Assay results reveal an average nickel grade of 0.18% and over 21% average magnesium grade across 8 drill holes, setting the stage for substantial growth. The planned 6,000-meter NQ drill program, eagerly awaited as permits are secured, further amplifies the prospects of Green River Gold.

“The consistent presence of nickel, magnesium, cobalt, and chromium across all 50 consecutive drill holes demonstrates the immense upside potential of the Quesnel Nickel Project.”

Strategic Board Addition:

Adding a new dimension to its leadership, Green River Gold welcomes Mr. Craig Brekkas to its Board of Directors. With over 30 years of experience in the agriculture markets, Mr. Brekkas brings a wealth of knowledge to support Green River Gold’s exploration and potential development endeavors. Perry Little, President and CEO, expresses excitement about Mr. Brekkas’s perspective, signalling a promising period for the company.

Future-Focused Financing:

Green River Gold’s commitment to continued exploration is underscored by its non-brokered private placement offerings of over $1.1M consisting of both hard dollars and flow-through. The funds will fuel exploration drilling on the Quesnel Nickel Project.

As Green River Gold charts an ambitious course in the small-cap arena, its strategic projects, impressive assay results, and visionary leadership form a compelling narrative. The company’s unique position at the intersection of the enduring allure of gold and the surging demand for battery metals beckons investors to witness the unfolding success story in British Columbia’s rich mining landscape.

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