Newmont Corporation (NEM)

[CFMonitor]

Now Loncor (TSX:LN)(NYSE:LON) is waiting on results from the highly anticipated BLEG survey from Newmont (NEM). BLEG results will highlight prime drilling targets throughout Loncor's untapped 4,550 sq km Ngayu Greenstone belt. We are expecting results in July 2011. This could give the stock a strong uplift. Early drilling has already provided strong gold results including 64 g/t.