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Hummingbird Res. (HUM)

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Tuesday 08 May, 2018

Hummingbird Res.

Company Presentation and April Production

RNS Number : 2622N
Hummingbird Resources PLC
08 May 2018
 

Hummingbird Resources plc / Ticker: HUM / Index: AIM / Sector: Mining

 

Hummingbird Resources plc

("Hummingbird" or the "Company")

 

Company Presentation and April Production

 

Hummingbird Resources (AIM: HUM), the African gold producer, is pleased to announce that an updated corporate presentation has been uploaded to the homepage of the Company's website, www.hummingbirdresources.co.uk.

 

In addition to this, the Company is pleased to report that in April 10,423ozs of gold was poured at the Yanfolila Gold Mine.

 

**ENDS**

 

For further information, please visit www.hummingbirdresources.co.uk or contact: 

Daniel Betts, CEO

Thomas Hill , FD

Robert Monro, IR

Hummingbird Resources plc

Tel: +44 (0) 20 7409 6660




James Spinney

Ritchie Balmer

James Bellman

Strand Hanson Limited

Nominated Adviser & Broker

Tel: +44 (0) 20 7409 3494

 




Gordon Poole

Owen Roberts

Billy Clegg

 

Camarco

Financial PR/IR

Tel: +44 (0) 20 3 757 4980







About Hummingbird Resources Plc

 

Notes to Editors

Hummingbird Resources (AIM: HUM) is a leading gold production, development and exploration company.  The Company has two core gold projects, the Yanfolila Gold Mine in Mali and the Dugbe Gold Project in Liberia. 

 

Yanfolila produced its first gold pour on time and budget in December 2017 and is expected to produce approximately 107,000oz gold/year on average over the Life of Mine.  Yanfolila holds Probable Reserves of 709,800oz @ 3.14g/t, total Resources of 1.8Moz of gold and an additional 390,700oz of non-compliant exploration potential. 

 

The Dugbe Gold Project has Resources currently totalling 4.2Moz of gold and a completed NI 43-101 compliant PEA on the project showing a 29% IRR and US$186m NPV at a US$1,300 gold price. 

 

In addition to Hummingbird's production and development assets, the Company also has an exploration footprint of ~4,000km2 and a 34% interest in AIM listed Cora Gold, which is advancing a portfolio of prospects in Mali and Senegal.

 

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014.

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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