REG - Hummingbird Res. - Construction Update: Ball Mill on Site <Origin Href="QuoteRef">HUMR.L</Origin>

Hummingbird ResourcesAnnouncement

22/05/2017 07:00

RNS Number : 7121F
Hummingbird Resources PLC
22 May 2017
Hummingbird Resources plc / Ticker: HUM / Index: AIM / Sector: Mining
22 May 2017
Hummingbird Resources plc ("Hummingbird" or "the Company") 
Construction Update: Ball Mill on Site
Hummingbird Resources (AIM: HUM) is pleased to announce a construction update from the Company's Yanfolila Gold Project in Mali ("Yanfolila").
Highlights:
 Ball mill delivered to site at Yanfolila following shipment from Europe 
 Contract mining fleetarriving on site
 Pre-production mining due to commence in Q3 2017 
 All aspects of construction continue to progress on time and on budget with first gold pour due before the end of 2017
Please click on the following link to see recent pictures and videos of construction: http://hummingbirdresources.co.uk/gallery/. 
Dan Betts, CEO of Hummingbird, commented:
"As the longest lead item, the delivery of the ball mill to site is a significant milestone for Hummingbird and further de-risks the delivery of the project's critical path. Construction is progressing well, and I would like to thank our operations team and our construction partners for their continued hard work and dedication on site."
**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
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.
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 the 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 RNS
The company news service from the London Stock Exchange
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