Hummingbird Resources plc has received the first drill results from its Tuzon deposit at the Dugbe gold project in Liberia.
The joint venture comprises Pasofino Gold Ltd which has an earn-in agreement for a 49% stake in the project, with Hummingbird owning 51%.
Three of the four holes are ‘step-out’ holes to test the lateral or strike extent of the relatively high-grade zone B of the Tuzon deposit. Results include:
TDC179: 22.0 metres (‘m’) grading 2.23 grammes per tonne (‘g/t’) gold from 63.90 m downhole
A second interval of 126.6 m grading 1.05 g/t gold from 102.93 m downhole, in the same hole
TDC174, 28.4 m grading 2.58 g/t gold from 318 m downhole, including a high grade zone of 13.8 m grading 3.43 g/t
HISTORY
The holes are the first drilled at Tuzon since Hummingbird’s drilling programme in 2014.
A total of 17 resource drillholes have been completed since April 2021, the results of which will be incorporated into a new mineral resource estimate (MRE) due by September 2021.