Hummingbird Resources , an African gold producer, released the second set of drill results from their exploration campaign in Mali. The company aims to transform its resources into reserves and eventually extend the life of their Yanfolila Gold Mine.
The results show high-grade potential at Yanfolila’s Gonka Deposit given the notable number of wide and high-grade drill intercepts the company has seen there. Moreover, the additional drilling at the Komana West Deposit has resulted in an increased amount of mineable ore available.
Hummingbird is riding a positive moment; these results amplify the positive findings published in September as the Yanfolila project took off.
Importantly, the prospect of elongating the gold mine’s life has positioned the company for a strong 2019. As we have reported, Hummingbird’s full year production for 2019 is expected to be between 110,000 oz and 125,000 oz of gold.
Hummingbird’s CEO Dan Betts expressed his excitement for the upcoming year, “The second mill will give us greater flexibility and 24% more throughput when operating on 100% fresh ore.”
For more news and updates on Hummingbird Resources:
