New Video from Yanfolila Gold Project

RNS Number : 8864V

Hummingbird Resources PLC

02 February 2017

 

Ticker: HUM / Index: AIM / Sector: Mining

Hummingbird Resources plc ("Hummingbird" or "the Company")

New Video from Yanfolila Gold Project

Hummingbird Resources (AIM: HUM), is pleased to announce that it has published a video of recent activity on the ground at its Yanfolila Gold Project ("Yanfolila") in Mali.  The video can be viewed on the Hummingbird website via the following link: http://hummingbirdresources.co.uk/2017. 

Having fully financed Yanfolila in 2016, the Company remains on track to deliver its first gold pour by the end of 2017, targeting 132,000oz in the first year, which will create one of the highest margin gold projects in Africa.

Photographs documenting ongoing construction from the site can also be found on the Company's website via the following link: http://hummingbirdresources.co.uk/gallery/mali. 

**ENDS**

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

Daniel Betts Thomas Hill Robert Monro	Hummingbird Resources plc	Tel: [phone]
James Spinney Ritchie Balmer James Bellman	Strand Hanson Limited Nominated & Financial Adviser	Tel: [phone]
Jon Belliss	Beaufort Securities Limited Broker	Tel: [phone]
Lottie Brocklehurst Susie Geliher	St Brides Partners Ltd Financial PR/IR	Tel: [phone]

About Hummingbird Resources Plc

Notes to Editors

Hummingbird Resources (AIM: HUM) is building a leading gold production, development and exploration company.  The Company has two core gold projects: the near-term production Yanfolila Gold Project in Mali and the Dugbe Gold Project in Liberia.  It is currently building Yanfolila targeting first production by end of 2017, which has a Probable Reserve of 709,800oz @ 3.14g/t and total Resources of 1.8Moz of gold and an additional 390,700oz of non-compliant exploration potential.  The high-grade gold project has low operating costs of US$695/oz AISC with 132,000oz of first full year's production. 

The 4.2Moz Dugbe Gold Project in Liberia provides Hummingbird with excellent development upside.  An optimisation of the DFS is on-going whilst Yanfolila is brought to production in the near-term.  Additionally, the Company has 4,000km² highly prospective exploration ground in Mali and Liberia and is constantly evaluating new quality assets.

 

END

 

 

NRASSUFFEFWSEFE