RCS - Hummingbird Res. - New Video from Yanfolila Gold Project <Origin Href="QuoteRef">HUMR.L</Origin>
RNS Number : 8864VHummingbird Resources PLC02 February 2017Ticker: 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: +44 (0) 20 3416 3560
James Spinney
Ritchie Balmer
James Bellman
Strand Hanson Limited
Nominated & Financial Adviser
Tel: +44 (0) 20 7409 3494
Jon Belliss
Beaufort Securities Limited
Broker
Tel: +44 (0) 20 7382 8300
Lottie Brocklehurst
Susie Geliher
St Brides Partners Ltd
Financial PR/IR
Tel: +44 (0) 20 7236 1177
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.
This information is provided by RNSThe company news service from the London Stock ExchangeENDNRASSUFFEFWSEFE
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