Source - RNS
RNS Number : 4603H
Hummingbird Resources PLC
07 June 2017
 

 

Hummingbird Resources plc / Ticker: HUM / Index: AIM / Sector: Mining

 

7 June 2017

 

Hummingbird Resources plc ("Hummingbird Resources" or "the Company")

Holdings in Company

 

Hummingbird Resources (AIM: HUM) received notification today that Lindine Inc no longer holds a notifiable interest in the Company.

 

**ENDS**

 

For further information, please visit www.hummingbirdresources.co.uk or contact: 

Daniel Betts

Thomas Hill

Robert Monro

Hummingbird Resources plc

Tel: +44 (0) 20 3416 3560




James Spinney

Ritchie Balmer

James Bellman

Strand Hanson Limited

Nominated & Financial Adviser

Tel: +44 (0) 20 7409 3494

 




Jon Belliss

Beaufort Securities Limited

Broker

Tel: +44 (0) 20 7382 8300




Lottie Brocklehurst

Susie Geliher

St Brides Partners Ltd

Financial PR/IR

Tel: +44 (0) 20 7236 1177

 

 

Notes to Editors

Hummingbird Resources (AIM: HUM) is building a leading gold production, development and exploration company.  The Company has two core gold projects, the near-term production Yanfolila Gold Project in Mali and the Dugbe Gold Project in Liberia.  It is currently building Yanfolila targeting first production by end of 2017, which has a Probable Reserve of 709,800oz @ 3.14g/t and total Resources of 1.8Moz of gold and an additional 390,700oz of non-compliant exploration potential.  The high-grade gold project has low operating costs of US$695/oz AISC with 132,000oz of first full year's production. 

 

The 4.2Moz Dugbe Gold Project in Liberia provides Hummingbird with excellent development upside.  An optimisation of the DFS is on-going whilst Yanfolila is brought to production in the near-term.  Additionally, the Company has 4,000km2 highly prospective exploration ground in Mali and Liberia and is constantly evaluating new quality assets.

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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