Page 2 - Loncor Resources News Today

Last week’s top-gaining stocks on the TSX were Black Iron, Loncor Resources, Mountain Province Diamonds, Forsys Metals and UEX. The S&P/TSX Composite Index (INDEXTSI:OSPTX) opened lower last Friday (April 30) and was trading at 19,157.23 by midday. It closed at 19,099.49. The index was pushed down as oil prices fell on the back of demand concerns. On Friday, all eyes were on palladium prices, which hit U$3,000 per ounce for the first time. Meanwhile, gold eased and silver was flat as the US d...

Sierra Metals (TSX:SMT) Here’s a look at those companies and the factors that moved their share prices last week. 1. Marimaca Copper Marimaca Copper’s company name aligns with its flagship development asset in Chile, the Marimaca project, which is one of the largest copper discoveries in Northern Chile. Last Thursday (April 22), the company announced the definition of a new, large-scale copper geochemical anomaly at the Roble target, which it plans to drill test over the coming months. Mari...

Loncor Continues to Define Four Extensive Mineralized Trends to Southeast of Key Adumbi Deposit Loncor Resources Inc. is pleased to announce that recent soil geochemical results have outlined four significant, undrilled mineralised trends at its 84.68%-owned Imbo Project. The focus of greenfields exploration by Loncor at Imbo East, along trend to the southeast from the 2.5 million ounce Adumbi, Kitenge and Manzako deposits previously delineated in the northwest of the 122 square kilometre proje...

3.25 Borehole LADD007 had an inclination of minus 68 degrees and azimuth of 218 degrees at the start of hole and regular measurements of inclination and azimuth were taken at 30 metre intervals down the hole. All core was orientated, and it is estimated that the true widths of the mineralised sections are approximately 89% of the intersected width. All intercepted grades are uncut. Borehole LADD007 intersected the mineralization at a depth of 100 metres below S52 and approximately 40 metres bel...