Last checked at 11 May 2011 11:16
Hummingbird Resources plc
("Hummingbird" or the "Company" or the "Group")
(AIM: HUM)
Holding in Company
Hummingbird Resources plc was notified on 10 May 2011 that following a purchase on the same day of ordinary shares of the company, Mark Hillery is now interested in a total of 3,971,340 ordinary shares, representing approximately 7.44% of the issued ordinary share capital of the company.
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
Graham Herring /Beth Harris +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 Birimian 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 Group'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 Au 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