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Hummingbird receives ongoing significant high-grade assay data for Kouroussa

2nd March 2022

By: Tasneem Bulbulia

Deputy Editor Online

     

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Aim-listed Hummingbird Resources has provided an update to the infill drilling programme at its Kouroussa gold mine, in Guinea, including a notable hole of 9 m at 36.35 g/t, among other high-grade intercepts.

Hummingbird has received further assay results on 61 reverse circulation (RC) and three diamond holes on the high-grade Koekoe (KK) deposit, delivering about 5 567 m out of the company’s about 24 000 m infill drilling programme for 2021.

To date, and including the new results, Hummingbird has received about 15 000 m of assays from the 2021 programme, with the last assays expected this month, which will be released once received and analysed.

These new results and the about 68 000 m drilling from the 2021 campaigns for both Kouroussa and Yanfolila will feed into Hummingbird’s updated resources and reserves statement, which remains on target to be released in the second quarter.

The KK deposit has a current maiden reserve of 408 900 oz at 4.38 g/t, with upside potential once all the 2021 24 000 m infill drilling data are received, analysed and included in the aforementioned updated resources and reserves statement.

Drill assay results continue to support the current interpretation, as well as highlighting additional mineralisation zones. The deposit remains open along strike and down plunge.

“We continue to receive very high-grade drilling data from Kouroussa, which continues to strengthen our overall knowledge base and confidence of the asset's geology. These ongoing double-digit grade drilling results show we have an asset of significant gold endowment situated in the prolific Siguiri gold region.

“We are receiving the final results for the Kouroussa's 2021 drilling campaign, with our geology and technical teams busy analysing the data to feed into our upcoming updated resources and reserves statement, with the overarching strategy of extending the life of the Kouroussa mine to well over ten years,” comments CEO Dan Betts.

Edited by Chanel de Bruyn
Creamer Media Online Managing Editor

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