focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksHummingbird Regulatory News (HUM)

Share Price Information for Hummingbird (HUM)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 10.00
Bid: 0.00
Ask: 0.00
Change: 0.00 (0.00%)
Spread: 0.50 (5.263%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 10.00
HUM Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Continuation Resource Drilling

8 Feb 2011 07:00

RNS Number : 8258A
Hummingbird Resources PLC
08 February 2011
 



 

08 February 2011

Hummingbird Resources plc ("Hummingbird" or "the Company" or "the Group")(AIM:HUM)

Continuation Resource Drilling, Dugbe F Gold project, Liberia

 

Hummingbird Resources plc today announces the commencement of the 2011 drilling programme at the Company's most advanced gold project, Dugbe F, in the Southern Birimian zone of Liberia. Dugbe F currently has a NI 43-101 indicated and inferred total resource of 812,000 ounces gold defined from 14,082 metres of drilling completed to date.

 

Two diamond drill rigs have been mobilized to site and the first rig has now commenced drilling, with the second expected to commence within the week. The programme is designed to extend the existing resource of 812,000 ounces, targeting the area lying south west of "anomaly A", starting within the Dugbe F license area and extending into the recently acquired "Joe Village" license area. The first stage of the ongoing programme is anticipated to drill around 5,000 metres with individual hole depth averaging 150 metres. Elsewhere within the Company's extensive exploration license portfolio, which to date stands at approximately 7,000km2, exploration programmes including soil sampling and trenching are in progress to identify potential drill targets. In addition, the Company has recently completed a scout drilling programme at Zia (comprising 17 holes and approximately 1,900 metres) and is currently awaiting results. An operational summary of activity will be reported in the Company's interim results, which are due to be announced later this month.

 

David Pelham has reviewed and approved the technical information contained within this announcement in his capacity as a qualified person, as required under the AIM rules. David Pelham is Technical Director of the Company and is a member of the Institute of Materials, Minerals and Mining.

 

Commenting today Daniel Betts, CEO, of Hummingbird Resources: "With the commencement of drilling at Dugbe F our intention is to rapidly extend our understanding of the region and continue to increase the established NI43-101 compliant resource. Dugbe F is our most advanced project and it is our intention to progress this throughout 2011 as well as to build a pipeline of projects within our extensive portfolio. To date we have only drilled 2.8 kilometres within the Dugbe shear zone complex where we control at least 60 kilometres of structures. With a track record over the last 5 years of being highly efficient and effective in our exploration of Liberia, I believe our Company has the ability and funding to rapidly deliver value to shareholders by establishing an important new gold region in Africa."

 

 

 

Enquiries:

Hummingbird Resources plc

Daniel Betts, Chief Executive Officer

Thomas Hill, Chief Financial Officer and Company Secretary +44 (0)20 7766 7560

 

Liberum Capital Limited

Nominated Adviser and Joint Broker

Tom Fyson / Richard Bootle+44 (0)20 3100 2222

 

Mirabaud Securities LLP

Joint Broker

Peter Krens +44 (0) 20 7321 2508

 

Threadneedle Communications Limited

Beth Harris/Laurence Read +44 (0)20 7653 9850

 

Notes to Editors

Hummingbird Resources plc is an AIM quoted mineral exploration company incorporated in England and Wales and headquartered in London. Since its establishment in November 2005, the Group has been active in Liberia, West Africa, and is currently the holder of the largest area of mineral exploration ground in the highly prospective geological region of eastern Liberia. The Group's licences are prospective for gold, iron ore and other minerals.

The Group currently holds exploration licences covering approximately 7,000 square kilometres in total, which constitutes a significant proportion of eastern Liberia containing the Birimian sequence.

The Company's most advanced gold exploration has taken place in the Dugbe, Zia and Jababli licence areas, with Dugbe Block F with a recently confirmed gold resource of 20.90 million tonnes at 1.208 g/t to give 812,000 oz using a cutoff grade of 0.5 g/t. The exploration has been based on sound geological premises and has been executed in an efficient and practical manner according to best industry practices.

For more information, please visit www.hummingbirdresources.co.uk

 

 

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
DRLBRGDDLBGBGBR
Date   Source Headline
17th May 20247:00 amRNSRestart of Corica Operations at Kouroussa
7th May 20248:00 amRNSUpdated Corporate Presentation
25th Apr 20247:00 amRNSQ1 2024 Operational and Trading Update
19th Apr 20247:00 amRNSNotice of Q1-2024 Operational and Trading Update
16th Apr 20247:00 amRNSOperation Update & Kouroussa Production Roadmap
28th Mar 20247:00 amRNSUpdate of Mining Operations at Kouroussa
20th Mar 20243:26 pmRNSResponse to Corica Mining Statement
18th Mar 20249:32 amRNSUpdate on Mining Operations at Kouroussa
11th Mar 20248:00 amRNSBlock Listing Six Monthly Return
27th Feb 20247:00 amRNSPasofino Gold announces exploration update
5th Feb 20248:00 amRNSUpdated Corporate Presentation
31st Jan 20247:00 amRNSQ4-2023 Operational and Trading Update
25th Jan 20247:00 amRNSKouroussa Mine Update/Notice of Q4 Trading Update
24th Jan 20247:00 amRNSPasofino Gold Announces US$2.3m Private Placement
19th Jan 202412:47 pmRNSNotification of Major Holdings
10th Jan 20242:21 pmRNSResult of GM, Director Dealing and TVR
10th Jan 20247:00 amRNSResult of Open Offer and Director Dealing
21st Dec 20237:00 amRNSPlacement Update, Open Offer & Notice of GM
21st Dec 20237:00 amRNSOperational and Exploration Update
13th Dec 20237:00 amRNSCompletion of Pasofino Gold to 51% interest
7th Dec 20237:00 amRNSCorporate strategy update, equity placement & TVR
16th Nov 20237:00 amRNSUpdated Corporate Presentation
26th Oct 20237:00 amRNSQ3-2023 Operational and Trading Update
19th Oct 20237:00 amRNSNotice of Q3-2023 Operational and Trading Update
10th Oct 20237:00 amRNSUpdate Interview with Senior Management
28th Sep 20237:00 amRNS1H23 Group Interim Results
13th Sep 20237:00 amRNS2023 Updated Reserves and Resources Statements
11th Sep 20237:00 amRNSBlock Listing Six Monthly Return
25th Jul 20237:30 amRNSQ2 2023 Operational Trading Update Presentation
25th Jul 20237:00 amRNSQ2 2023 Operational and Trading Update
13th Jul 20237:00 amRNSNotice of Second Quarter Trading Update
29th Jun 202310:12 amRNSResult of AGM
29th Jun 20237:00 amRNS2023 AGM Statement
9th Jun 20237:00 amRNSFirst Gold Pour at Kouroussa Gold Mine
6th Jun 20237:00 amRNSPublication of Annual Report
6th Jun 20237:00 amRNSPublication of Sustainability Report 2022
5th Jun 20237:00 amRNSUpdated Corporate Presentation
22nd May 20237:00 amRNSKouroussa Gold Mine Commissioning Update
2nd May 20237:00 amRNSKouroussa Gold Mine Commissioning Begins
19th Apr 20237:30 amRNSMedia presentation of Q1 2023 Operational Update
19th Apr 20237:00 amRNSQ1 2023 Operational and Trading Update
18th Apr 202311:37 amRNSAIM Rule 17
31st Mar 20237:00 amRNS2023 LTIP & Deferred Share Awards and TVR
20th Mar 20239:05 amRNSSecond Price Monitoring Extn
20th Mar 20239:00 amRNSPrice Monitoring Extension
13th Mar 20232:54 pmRNSResult of General Meeting, Director Dealing & TVR
10th Mar 20237:30 amRNSKouroussa Gold Mine, Construction Media Update
10th Mar 20237:05 amRNSBlock Listing Six Monthly Return
10th Mar 20237:00 amRNSResult of Open Offer and Director Dealing
7th Mar 20232:05 pmRNSSecond Price Monitoring Extn

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.