Extractive Industries

Hummingbird starts construction at Kouroussa

Hummingbird Resources plc has started construction following mobilisation of equipment and personnel at its Kouroussa gold project in Guinea.

Goal: Site equipment and associated infrastructure – overhead photos (Hummingbird Resources)

PREPARATIONS

The news comes as the company also announced results from further assays of the 2021 resources and reserves infill drilling programme, including a hole of 24 metres at 5.33 g/t.

Hummingbird has started ground clearing works for key infrastructure, mine camp and processing plant

The company is also finalising further long lead item purchases including a SAG mill; jaw crusher; ore feeders; agitators; interstage screens; tower crane; and cyclone cluster.

The pit dewatering team is on site, and works have begun to stabilise key mining deposits for future mining operations.

Process plant civil works are scheduled to start in February once more ground clearing works are completed

RESULTS

Further assay results on 30 reverse circulation and three diamond holes on the high-grade Koekoe (KK) deposit.

These cover some 3,200m out of the company’s circa 24,000m infill drilling programme for 2021.

To date, Hummingbird has received c.10,050m of assays from the 2021 programme, with more expected during Q1 2022. Results include:

– 24m at 5.33 g/t from 28m (KRC1873)

– 3m at 16.06 g/t from 118m (KRC1890)

– 3m at 11.64 g/t from 55m (KRC1803)

– 4m at 10.31 g/t from 89m (KRC1858)

– 4m at 9.09 g/t from 49m (KRC1858)

– 4m at 9.76 g/t from 146m (KRCD1878)

– 2m at 8.48 g/t from 25m (KRC1824)

– 8m at 7.77 g/t from 95m (KRC1864)

– 4m at 6.17 g/t from 99m (KRC1890)

– 4m at 4.28 g/t from 35m (KRC1854)

– 8m at 3.22 g/t from 56m (KRC1874)

The company said it continued to receive high-grade drill intercepts, coupled with multiple thick mineralisation zones, from the infill drilling campaign.

RESOURCES AND RESERVES

Chief executive Dan Betts added that the start of construction marked another significant step towards the company’s strategic goal of becoming a multi-jurisdictional gold producer.

“Furthermore, our infill drilling programme from 2021 has continued to show significant high-grade intervals, allowing us to further strengthen our knowledge base of the Kouroussa asset.

“This data will be analysed by our technical team and provide a core component of our updated company 2022 resources and reserves statements, scheduled for release in Q2 this year.”

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