Information  X 
Enter a valid email address

Hummingbird starts infill drilling at Yanfolila

By BFN News | 09:27 AM | Monday 30 March, 2015


Hummingbird Resources has confirmed the start of grade control and infill drilling at its 1.8 million ounce Yanfolila gold project in Mali. Hummingbird says this follows exceptional drilling results announced in October and is designed to further advance Yanfolila towards first gold production in H1 2016, following mine construction which is due to start imminently. The infill drilling will bring further Inferred resources into the Measured and Indicated categories and allow greater optionality of the mine scheduling. Chief executive Dan Betts said: "With three drill rigs now operational and mine construction due to start imminently, we are highly active on the ground at Yanfolila. Grade control drilling is an exciting step for us as we move closer to mining and we look forward to the results following our last round of excellent drill results in October 2014. With additional high grade ore at the Gonka deposit a potential reality, the infill drilling programme allows for optionality and opportunities for improvement to the Yanfolila mine schedule and already strong economics. We look forward to updating on our progress on the ground in due course at this exciting time for Hummingbird." At 9:27am: (LON:HUM) Hummingbird Resources share price was +0.25p at 31p Story provided by StockMarketWire.com

a d v e r t i s e m e n t