Loncor Resources Inc. announced the results of its first drill hole at the Itali prospect, Ngayu Gold Project, northeastern Democratic Republic of the Congo. The Itali prospect is located at the eastern end of the Imva Fold structure, in the north western part of the Ngayu greenstone belt. The Imva Fold trends ENE - WSW over a strike of 30 kilometres, and comprises an interbedded sequence of banded ironstone formation (BIF), basaltic volcanics and metasedimentary schist. Post-deformation, dioritic intrusives occur within and on the flanks of this fold structure. Extensive strike-parallel faults have been interpreted from aeromagnetic data, and are possibly thrusts that formed during the NNW-SSE compression and folding event. Three of Loncor's highest priority targets sit within the Imva Fold structure and will be a primary focus for the company's 2012 exploration program. The Itali prospect is located approximately 10km south of Loncor's Makapela prospect, which was the focus of Loncor's exploration drilling in 2011 and where the company continues drilling with four core rigs as part of its objective to outline initial mineral resources during the second quarter of this year. Interpretation of airborne magnetic and radiometric surveys, combined with results from BLEG (Bulk Leach Extractable Gold) and other geochemical surveys led to identification of the Imva Fold area as a significant gold prospect for follow-up exploration. One drill hole has been completed at Itali, with the objective of testing a trench intersection of 42.50 metres grading 2.11 g/t. The drill hole is 161.85 metres in length and inclined at -50 degrees to the south, and was drilled parallel to and immediately below the trench. Core recovery averaged 91% over the mineralized zones. The main mineralized zone drilled at Itali consists of quartz veins and veinlets within basalt, overlain by graphitic schist. Two lower-grade zones occur in the vicinity of the basalt/schist contact. The main mineralized zone of 38.82 metres grading 2.66 g/t Au, dips to the north at 52 degrees, strikes east-west, and correlates closely with the trench intersection. The rock is completely oxidised to a vertical depth of 110 metres below surface. Artisanal workings and soil sampling results indicate that there is potential for the mineralization to extend along strike for approximately 500 metres to the east and west of the drilled section. The strike and down-dip potential will be tested as part of the 2012 drill program at Itali.