Loncor Resources

The name change will allow Loncor to better brand the company's business as a gold exploration company.

“We are very encouraged by the results of the first three core holes of our 7,000 m drilling program at Adumbi." - Peter Cowley

The ground covered by these JV agreements includes priority, exploration targets two of which are ready for initial scout, core drilling.

Loncor Resources reports that Adumbi Mining has been restructured to the requirements of OHADA Uniform Act relating to commercial companies.

ASX-listed Resolute Mining has entered a binding agreement to secure a 27% interest in TSX-listed Loncor Resources. The agreement outlines a series of transactions which expands Loncor’s existing asset base and will result in Resolute Mining owning 51,000,000...