Hummingbird Resources provides Kouroussa Gold Mine update

Save to read list Published by Will Owen, Editor Global Mining Review, Thursday, 08 September 2022 09:00

Hummingbird Resources plc has provided an update on its mine development progress and results from the final assays received from the 2021 Resources and Reserves infill drilling programme at the Kouroussa Gold Mine in Guinea.

The development and construction of the company’s second gold mine, Kouroussa, is now over 50% completed and remains on time and budget to achieve first gold pour by the end of 2Q23, which will more than double Hummingbird’s gold production profile.

Key construction updates are as follows:

Hummingbird has received the final assay results from the 2021 infill drilling campaign, which were not included in the company’s 2022 ‘Company Resources and Reserves’ update, released on 30 June 2022. These final assay results relate to 27 drill holes totalling 4138 m at Kouroussa’s key deposit Koekoe (KK).

Notable drill results from the KK deposit include:

These, coupled with previous high-grade results, continue to demonstrate Kouroussa’s significant gold endowment, which boasts multiple high-grade zones that remain open at depth and provide further corroboration of the updated block model.

These new assays will feed into the company’s 2023 Resources and Reserves statement, which is expected to be released in 1H23.

Dan Betts, CEO of Hummingbird Resources, commented:

“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.

“In addition, the latest assay results from our 2021 infill drilling campaign are very positive in terms of grade profile and confidence levels they provide us as we move towards beginning to mine at Kouroussa later this year, ahead of the all-important first gold pour by end of 2Q23.”

Read the article online at: https://www.globalminingreview.com/mining/08092022/hummingbird-resources-provides-kouroussa-gold-mine-update/

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