Hummingbird (HUM ) are encouraged by the first set of results it has received from the holes drilled by Pasofino Gold at the Dugbe Gold Project in Liberia. Pasofino Gold have covered all associated costs, as part of its earn-in agreement for a 49% stake in the Project, with Hummingbird maintainting a controlling interest of 51%.
The current indicated mineral resource estimate for Dugbe F is 5.8 Mt with an average grade of 1.46 g/t Au containing 273 k oz gold while the current inferred mineral resource estimate is 16.3 Mt with an average grade of 1.57 g/t Au containing 823 k oz of gold.