Hummingbird Resources PLC Holding(s) in Company (0605L)

TIDMHUM

RNS Number : 0605L

Hummingbird Resources PLC

28 September 2016

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

28 September 2016

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

Holdings in Company

Hummingbird Resources (AIM: HUM) received notification on 27 September 2016 that Sapinda Asia Limited no longer holds a notifiable interest in the Company.

**ENDS**

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

 
 Daniel Betts          Hummingbird Resources   Tel: +44 (0) 20 
  Thomas Hill           plc                     3416 3560 
  Robert Monro 
--------------------  ----------------------  ----------------- 
 
 Charlie Cryer         RFC Ambrian Ltd         Tel: +44 (0) 20 
  Oliver Morse          Nominated Adviser       3440 6800 / +61 
                        and Joint Broker        (0) 8 9480 2500 
--------------------  ----------------------  ----------------- 
 
 Jon Belliss           Beaufort Securities     Tel: +44 (0) 20 
                        Limited                 7382 8300 
                        Joint Broker 
--------------------  ----------------------  ----------------- 
 
 Lottie Brocklehurst   St Brides Partners      Tel: +44 (0) 20 
  Susie Geliher         Ltd                     7236 1177 
                        Financial PR/IR 
--------------------  ----------------------  ----------------- 
 

About Hummingbird Resources Plc

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 132,000ozs 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 4,000km(2) 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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September 28, 2016 04:30 ET (08:30 GMT)