Drill on site at Hummingbird Resources' Yanfolila gold project in Mali
Drill on site at Hummingbird Resources’ Yanfolila gold project in Mali (Photo: Hummingbird Resources)

Mali – Hummingbird Resources, the multi-project gold company, has commenced with grade control and infill drilling at its 1.8 Moz Yanfolila gold project in Mali.

This follows exceptional drilling results announced in October 2014, and is designed to further advance Yanfolila towards first gold production in H1, 2016, following mine construction which is due to start imminently.

The infill drilling will bring further Inferred resources into the Measured and Indicated categories and allow greater optionality of the mine scheduling.

Overview

  • Phased grade control programme commenced at Komana East and Komana West deposits in preparation for main grade control drilling ahead of pre-production mining;
  • Infill drilling commenced at Gonka deposit, currently Inferred, where there is additional high grade ore potential, and additional infill drilling at nearby Komana West deposit to further advance resource model;
  • Previous Hummingbird drill programme achieved high grades of up to 41.5g/t gold over 3 m announced in October 2014 and added 159 000 oz gold discovered in the oxide and transitional zones and increased oxide and transitional Indicated Resources by 153% to 600 000oz gold;
  • On track for mine construction to commence in H1, 2015 ahead of production targeted for H1, 2016.

Dan Betts, CEO of Hummingbird Resources, says: “With three drill rigs now operational and mine construction due to start imminently, we are highly active on the ground at Yanfolila.   Grade control drilling is an exciting step for us as we move closer to mining and we look forward to the results following our last round of excellent drill results in October 2014.  With additional high grade ore at the Gonka deposit a potential reality, the infill drilling programme allows for optionality and opportunities for improvement to the Yanfolila mine schedule and already strong economics.   We look forward to updating on our progress on the ground in due course at this exciting time for Hummingbird.”

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