Hummingbird Resources plc reported further high-grade assay results and completion of more than 50% of Kouroussa gold mine in Guinea.
DEVELOPMENT
Final assay results from the 2021 infill drilling campaign relate to 27 drill holes for 4,138 metres at the key deposit of Koekoe (KK) and include 9.0m @ 32.60 g/t from 116m.
The new assays will feed into the company’s 2023 resources and reserves statement expected during H1 2023.
The company said that the project remained on time and budget to achieve first gold pour by the end of Q2 2023, more than doubling its gold production profile.
Work has included the erection of five CIL tanks and two leach tanks, completion of the plant workshop while the processing plant store nears completion.
Construction of other processing plant building infrastructure is due to start.
Mining camp earthworks and all concrete slabs for building infrastructure are complete and construction has started on accommodation, mess facilities, offices and main entrance road works.
Civil works are in progress for oxide ore crushing, reclaim, milling, reagents, oxygen plant, detox and services.
Structural steel installation and pre-assemblies have begun on the oxygen plant and reagent areas.
Hummingbird has ordered all long lead items including a SAG mill; jaw crusher; CIL agitators; mineral sizer; vibrating grizzly apron feeder; reclaim apron feeder; and slurry and water pumps.
The company said it had also started the mine plan, grade control drilling plans, mining contract award, overall mining and power infrastructure implementation plans, and recruitment for key operational positions.
Chief executive Dan Betts added: “Hummingbird continues to move towards our key strategic goal of being a multi-asset, multi-jurisdiction gold producer with a key milestone of over 50% of construction now completed at our second gold mine, Kouroussa, located in the prolific Siguiri Basin in Guinea.”