Loncor Gold Inc. (TSX: LN) (OTCQX: LONCF) (FSE: LO51‪)‬ Loncor Resources Inc (TSX: LN) (OTCQX:LONCF)

Loncor Gold; Private Placement Financing Closed - Video with John Barker, CEO of Loncor Gold

Visit the Loncor Gold website to learn more: https://www.loncor.com/

Interview with John Barker, CEO of Loncor Gold Inc.

To learn more visit  https://www.loncor.com/  

This 5@5 'West African Gold Discoveries' took place on Thursday 3 March 2022, featured conversations between:   

• Dave Anthony, Chief Operating Officer of Asante Gold 

• Boris Ivanov, Founder and Board Member of Emiral Resources  

• John Barker CEO of Loncor Gold {21:45 in audio}

• Luke Alexander, President and CEO of Newcore Gold 

• Nana Sangmuah, President & CEO of Roscan Gold  

• Mark Tyler, London Representative of Auramet Trading 

• Chen Lin, CEO and Founder of Chen Lin Asset Management  

This conversation included a market update, project showcases and a look at what investors are currently looking for in this changed market.

Loncor Gold; Discussing Project Development and Progression in 2022

Loncor Gold CEO John Barker joined Steve Darling from Proactive to share news the company has announced the results of the Preliminary Economic Assessment for the Adumbi gold deposit in the Congo. Barker telling Proactive the PEA includes a Pre-tax NPV of US$895 million and post-tax NPV of US$624 million for HEP Hybrid case at a US$1,600 gold price. The average annual production of 303,000 ounces of gold over a 10.3 year life of mine within proposed pit shell Barker also saying the average total cash costs of US$852 per ounce over life of mine and AISC of US$950 per ounce for HEP Hybrid case.  The company plans to continue work to increase mineral resources, gold production, reduce operating costs and further improve the economics of the project.