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Cenkos: Hummingbird Resources Plc -- Open Pit Reserve Update
- Published:
17 Dec 2019 -
Author:
Will Dymott -
Pages:
5 -
Hummingbird updated its open pit Ore Reserves at the Yanfolila gold mine to 7.9Mt of Reserve ore @ 2.66g/t for c676,000ozs gold. Hummingbird previously reported 7.04Mt @ 3.14g/t containing 709,800oz in February 2016 and has processed over 199,000oz since start-up to 31 October 2019. This adds roughly a year and a half to the current mine life in the open pits alone, and a maiden Reserves at Gonka and Sanioumale West. The Company intends to release a 5-year mine plan, based on these updated Ore Reserves, and its 2020 guidance in early 2020.