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Hummingbird Resources Plc
Summary
| Project: | Yanfolila | |
|---|---|---|
| Deposit: | Gonka | |
| Location: | Mali | |
| Commodities: | Gold | |
| Date: | 3/4/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Mine Development | |
| Report details: | 4-3-2019: Hummingbird Resources Plc announces an Exploration/Drilling Update report for its Gonka deposit at the Yanfolila project. Drilling results incl. 18.0m @ 9.39g/t Au from 156m. Hummingbird Resources (AIM:HUM) is pleased to announce its third set o | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Murray Paterson (Internal) | |
| ABSTRACT: | Hummingbird Resources (AIM:HUM) is pleased to announce its third set of drilling results from the recently completed exploration campaign at the Yanfolila Gold Mine in Mali, the main focus of which was to convert resources to reserves and, in time, extend the mine life. The completed drilling programme largely focused around the resource definition at Gonka, with some further follow up drilling at Komana West. Hummingbird is pleased to report that the latest results demonstrate more high-grade potential and continued exploration potential at depth. Additionally, in December 2018, the Group announced a set of high-grade results, of which the stand-out intercept was 15 m @ 16.03 g/t. Hummingbird is now focussed on integrating the positive results seen in its exploration programme into its mine plan. The Gonka deposit is situated just 5 km from the process plant, making it suitable to be included in the current mine plan. The deposit is fully permitted and within the mining license, which will allow mining to start immediately, once the resource modelling and mine planning is completed. | |
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