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Mr Kondrat is the Founder, President and CEO of Sterling Portfolio Securities Inc, a private venture capital firm based in Toronto, Canada.
He is the founder and Executive Chairman of Loncor Gold with over 30 years’ experience in the public markets, primarily in the resource industry. His 27-year history in the Democratic Republic of the Congo has enabled the Company to secure a number of highly prospective gold assets.
Mr. Cowley is a geologist with 50 years’ experience in the minerals industry and a history of major exploration successes in Africa, including the DRC. Among his major accomplishments, Mr. Cowley was Chief Executive Officer and President of Banro Corporation from 2004 to 2008 where he led the exploration team that delineated major gold resources along the Twangiza-Namoya belt in the DRC.
Prior to joining Banro, Mr. Cowley was Managing Director of Ashanti Exploration, where he led the exploration team in the discovery and development of the Geita mine in Tanzania. Prior to Ashanti, he was Technical Director of Cluff Resources which discovered and developed mines in Zimbabwe, Ghana and Tanzania. He holds an M.Sc from the Royal School of Mines, an MBA from the Strathclyde Business School and is a Fellow of the Institute of Materials, Minerals and Mining. Mr. Cowley is also a director of Deltic Energy plc.
Mr. Wilson has been involved in the mining industry for more than 40 years, and during this time has been a director and senior officer of a number of public companies in both Canada and the United States.
During his career he has created and managed 14 mining companies with properties in the U.S., Canada, Russia, the Democratic Republic of the Congo and Ukraine. Mr. Wilson is currently Director, Executive Vice President and Chief Financial Officer of TUVERA Exploration Inc. TUVERA is a private British Columbia holding company for the ARVENUT exploration properties in Nevada, Utah and New Mexico.
He serves as a director and chair of the audit committees of Loncor Gold Inc. and Gentor Resources Inc. Mr. Wilson is a Qualified Professional in Mining, Metallurgy/Processing and Environmental Compliance of the Mining and Metallurgical Society of America, a member of the Canadian Institute of Mining, a fifty-year member of the Society of Mining Metallurgy and Exploration, and a past chairman and honorary life member of the Colorado Mining Association. He has a degree in Metallurgical Engineering from the Colorado School of Mines and a Masters of Business Administration degree from the University of Southern California. Mr. Wilson recently retired as a Professor of Practice in the Mining Engineering Department at the Colorado School of Mines and continues to be active in his consulting practice in metals and industrial minerals.
Prior to his retirement in 2017, Mr. Lachcik practiced corporate and securities law in Toronto, Canada for over 30 years.
His practice included extensive experience in representing public companies, as well as acting for a number of investment dealers. He has been an officer and director of a number of Canadian public resource companies.
Mr. Chen is Managing Partner of Dynaco Capital Inc., a Toronto-based financial advisory firm.
He has participated in several significant transactions between Chinese SOEs and TSX-listed mineral companies in the past two decades. Mr. Chen holds an EMBA degree (University of Hawaii), LL.M degree (East China University of Science and Technology) and B.Sc. degree (Shanghai Normal University).Mr. Baker is a founder of Baycor Capital Inc. (“Baycor”) (a merchant bank based in Calgary, Alberta), with over 45 years’ experience in corporate/securities practice and industry. He has extensive management experience in corporate startups, operations and IPOs. Mr. Baker is responsible for the overall leadership, operations and management of Baycor.
Mr. Baker is a member of the Law Society of Alberta (1972), was the President of the Calgary Bar Association (1992/93), and was appointed King’s Counsel in 1993. During the period from 1971 through 1990, Mr. Baker practiced law with two Calgary-based law firms. Mr. Baker is a current director or a past director and officer of a number of public companies listed on the Toronto Stock Exchange or the TSX Venture Exchange.Mr Kondrat is the Founder, President and CEO of Sterling Portfolio Securities Inc, a private venture capital firm based in Toronto, Canada.
He is the founder and Executive Chairman of Loncor Gold with over 30 years’ experience in the public markets, primarily in the resource industry. His 27-year history in the Democratic Republic of the Congo has enabled the Company to secure a number of highly prospective gold assets.
Mr Barker has 17 years’ experience as a leading mining analyst, including with RBC DS where as Managing Director he headed up their London based Global Gold Mining initiative, focussing on African mining equities.
He was also the Chairman of The Association of UK Mining Analysts. Subsequently, he was Vice President Corporate Development for TSX-listed SouthernEra Resources, which was taken over by Lonmin, and was instrumental in the Guinor Gold sale to Crew Gold. More recently he has been involved in various copper, diamond and platinum initiatives in Southern Africa. During his career, he has been involved in numerous asset sales and equity issues raising over US$600m in Canada, Australia, Europe and RSA.
Mr. Cowley is a geologist with 40 years’ experience in the minerals industry and a history of major exploration successes in Africa, including the DRC. Among his major accomplishments, Mr. Cowley was Chief Executive Officer and President of Banro Corporation from 2004 to 2008 where he led the exploration team that delineated major gold resources along the Twangiza-Namoya belt in the DRC.
Prior to joining Banro, Mr. Cowley was Managing Director of Ashanti Exploration, where he led the exploration team in the discovery and development of the Geita mine in Tanzania. Prior to Ashanti, he was Technical Director of Cluff Resources which discovered and developed mines in Zimbabwe, Ghana and Tanzania. He holds an M.Sc from the Royal School of Mines, an MBA from the Strathclyde Business School and is a Fellow of the Institute of Materials, Minerals and Mining. Mr. Cowley is also a director of Deltic Energy plc.
Mr Madilo has over 29 years of experience in accounting, administration and finance in the Democratic Republic of the Congo and North America.
Mr. Madilo most recently was Senior Vice President, Commercial & DRC Affairs of Banro and was previously Chief Financial Officer of Banro. Mr Madilo holds a Bachelor of Commerce (Honours) degree from Institut Supérieur de Commerce de Kinshasa, a B.Sc. (Licence) in Applied Economics from University of Kinshasa and a Masters of Science in Accounting (Honours) from Roosevelt University in Chicago.
Mr. Matheys is a professional geologist with more than 27 years of experience in Africa.
Prior to his role with Loncor, Mr. Matheys served as Exploration Geologist for De Beers in Botswana, West Africa and South Africa and spent eight years as Exploration Manager in the Democratic Republic of the Congo with exploration programs focused on gold, diamonds, niobium and tungsten.
Loncor Gold Inc. (TSX:LN) (OTC:LONCF) (FSE:LO5), is a Canadian gold exploration company focused on projects on the Ngayu Belt in the Democratic Republic of the Congo (the “DRC”). The Adumbi gold deposit is the current focus of Loncor's activity and can be found within Loncor's 84.68% owned Imbo Project. Loncor has Africa’s largest gold producer, the Barrick-managed Kibali Gold mine as a neighbour 130 miles away.
Adumbi announced a transformational PEA in December 2021 with a set of NPV values significantly higher than the company’s market capitalisation.
Loncor is examining the potential for underground resources below the potential pit at Adumbi. An assessment of the area below these resources suggests there’s the potential to continue the significant growth with the outlined underground exploration target potentially containing the tonnes and grade to elevate Adumbi into a major deposit. If these arise, then they may well be added to the PEA to enhance the economics further. The company is also looking to further expand its current resources and portfolio of exciting exploration targets on the Ngayu Belt.
Adumbi (and the two satellite deposits of Kitenge and Manzako) has a resource Loncor believes could soon approach 5 million ounces, with 3.66 million ounces (indicated and inferred) within the pit shell and further underground resources being drilled at depth. The relatively high grade (over 2.3g/t within the proposed pit) remains a key positive.