Extractive Industries

Hummingbird notes new targets at Dugbe

Hummingbird Resources plc announced that new targets had been identified at Dugbe gold project in Liberia.

Figure 1: all trenches and gold in soil. New trenches TZ005, TZ087, TZ091 and 2011 trenches KHTR007 and KHTR008 are labelled (Pasofino Gold)

The company’s joint venture partner Pasofino Gold Ltd conducted trenching on strike from the Tuzon deposit at the site.

Results show a six-km long gold in soil trend extending south-westwards on strike from the 2 million oz (indicated mineral resource estimate) Tuzon deposit recognised in January 2021.

In February 2021, three first pass trenches were completed to test the trend and all three returned anomalous gold results of up to 2 grammes per tonne gold in bedrock and an interval of 36m grading 0.6 g/t gold.

Hummingbird said that there had been no drilling on the trend with the soil anomaly being relatively subtle and not previously targeted.

TrenchInterval start (m)Interval end (m)Length (m)Grade Au (g/t)Material
TZTR08538.090.052.00.18Mottled zone (cover)
including50.066.016.00.25Mottled zone (cover)
TZTR087 (started in anomalous zone)0.010.010.00.13gneiss bedrock
TZTR09132.068.036.00.60gneiss bedrock
including34.040.06.01.48gneiss bedrock
KHTR008 (untested 2011 trench)52.078.026.00.79unknown
KHTR007 (untested 2011 trench)116.0126.010.00.95unknown
Trench results (Pasofino Gold)

Two trenches (KHTR007 and KHTR008), dating from 2011, at the west end of the trend have not been drill-tested despite including a best interval of 26m grading 0.79 g/t gold.

The junior miner added that the results highlight the potential for new discoveries within relative proximity to the existing deposits, within a trucking distance of the planned processing plant at Tuzon.

Pasofino has an earn-in agreement for a 49% stake in the project, with Hummingbird maintaining a controlling interest of 51%.

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