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HUM Hummingbird Resources Plc

6.75
-0.25 (-3.57%)
19 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Hummingbird Resources Plc LSE:HUM London Ordinary Share GB00B60BWY28 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.25 -3.57% 6.75 6.50 7.00 7.10 6.75 7.00 486,628 16:29:01
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Gold Ores 150.52M -34.28M -0.0569 -1.19 40.63M

Hummingbird Resources PLC Exploration Results Update (3186K)

13/12/2018 7:00am

UK Regulatory


Hummingbird Resources (LSE:HUM)
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TIDMHUM

RNS Number : 3186K

Hummingbird Resources PLC

13 December 2018

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

Hummingbird Resources plc

("Hummingbird" or the "Company")

Exploration Results Update

Hummingbird Resources (AIM:HUM), the African gold producer, is pleased to announce its second set of drill results from the 2018 exploration campaign in Mali, the focus of which is to convert Resources to Reserves and, in time, to extend the life of mine from the Company's Yanfolila Gold Mine.

Drilling has been ongoing since it began in July and has now focused on the Resource definition at Gonka, with some further follow up drilling at Komana West. This second batch of results delivers further positive results from those announced in September and shows the high-grade potential at Gonka owing to the significant numbers of wide and high-grade drill intercepts encountered to date. The additional drilling at Komana West has been useful to the mining operations, since the newly drilled zones have been found outside the Resource model and positive results have been found inside the current pit shell, increasing the amount of mineable ore available.

Drilling Highlights:

Best Intersections

Gonka ('GK') Deposit

   --    15m @ 16.03g/t from 207m depth (GKRCD0013) 
   --    20.05m @ 4.63g/t from 118m depth (GKDD0020) 
   --    11m @ 4.11g/t from 79m depth (GKRCD0044) 
   --    14m @ 3.88g/t from 178m depth (GKRCD0002) 
   --    13.6m @ 2.56g/t from 34m depth (GKDD0011) 

Komana West ('KW') Deposit

   --    15m @ 4.25 g/t from 8m depth (KWDD0609) 

Komana West South Extension

   --    12m @ 1.90 g/t from 90m depth (KWRC0419) 

Murray Paterson, Chief Geologist for Hummingbird, commented:

"Following analysis of recent exploration results, Hummingbird is confident that it is now on target to achieve our operational objective, which is to increase the mine life at Yanfolila. In light of these results, the exploration team on site is now working diligently to build a mineable Resource that will aim to add more open pit and underground ore extending the current mine life.

So far, drilling has remained quite shallow, focussing on infilling the open pit Resources. Our attentions now switch to drilling out the underground Resources at Gonka, which is very exciting since this is where the highest grades and wider intervals have been drilled by Gold Fields Ltd."

Please click on the following link to see a long section of the Gonka deposit and a map of the deposit locations within the mining permit.

http://www.rns-pdf.londonstockexchange.com/rns/3186K_1-2018-12-12.pdf

Further information:

2018 Exploration Results

As at the end of November the total metres drilled to date is 23,697m. A breakdown of the numbers is as follows;

Gonka (metres)

   --    Reverse Circulation ('RC'): 6,206 
   --    Diamond Drill Hole ('DDH'): 9,908 
   --    Total : 16,114 

Komana West (metres)

   --    RC: 3,091 
   --    DDH: 2,536 
   --    Total : 5,627 

Guirin West (metres)

   --    RC: 1,956 

Initially, around 50,000m of drilling was planned this year. Through the year the drilling schedule has become more targeted and has been adapted to fit with the updated LoM plan.

All currently planned exploration drilling is expected to be completed by year end 2018 allowing the mineral resource model and mine planning to commence. It is expected that by the end of the first quarter 2019 a new mineral Resource and Reserve update will be released by the company.

Komana West ('KW') Pit

The 2018 drilling programme at KW has been completed. Following the first round of results, another near-surface mineralised zone has been identified immediately west of the main North-South grade domain within the current pit. This new in-pit zone is in addition to the high-grade zones reported previously. These zones will add immediately to the mineable oxide ounces in the Reserve as they will be grade controlled drilled once mining reaches the relevant pit floor elevations over the next 6 months. The targeted diamond drilling that has been carried out has also allowed the structural model for the deposit to be refined, which has been a benefit to further exploration but also the grade control and Resource modelling.

Komana West - Southern Extension

RC drilling to test for the southern extension of mineralisation identified a broad zone of 12m @ 1.9g/t (open at depth below) in hole KWRC0419. The intersection is located 650m south of the boundary of the planned pit. Further follow up drilling will be planned next year to test for mineralised extensions along strike and down dip.

A total of 2,536m of Diamond Drilling and 3,091 metres of RC has been drilled at Komana West and its northern and southern extensions. There remain a few RC assays still outstanding. See table below for a complete set of results.

Gonka

Drilling at Gonka has identified a series of broad mineralised zones with intermittent, narrow high-grade zones, with both related to north plunging, open fold hinge zones proximal to a basalt-metasediment contact. These zones form a series of well-defined linear ore shoots which are proving to be predictable in nature. The predictability of the ore shoots is allowing for drilling to continue to define extensions to the shoots outside of the $1,100/oz pit shell used in the DRA's 2016 open pit and underground scoping study.

Mineralisation is typically defined by a fine, dark alteration of the basalt, with fine pyrite or narrow zones of coarse cubic pyrite +/- quartz veins and/or brecciated quartz-carbonate +/- tourmaline vein zones of various widths. Photos of these high-grade zones will be uploaded and sent out on Twitter shortly after the release of this announcement. The mineralised intersections have been identified at depths as shallow as 34m. However, very little surface expression of the ore body exists, which has limited the number of orpailleurs (artisanal miners) active at Gonka.

The geological and structural model has been under constant revision and has been used to assist with planning and following down plunge extensions to the main high-grade zones. The exploration team's primary drilling focus for this year has been to convert the previously defined Inferred Resources to Indicated. Once this is complete, the team's attention can move to the numerous other significant intercepts that have the potential to define new zones in the Gonka mineral resource model.

Gold Fields Ltd ("Gold Fields") had previously drilled +47,000m of drilling at Gonka defining over +300kozs in Inferred resources (DRA 2016 study indicated that there was some 92kozs @ 2.33g/t within the open pit and 77kozs @ 4.47g/t underground at $1,100/oz gold price). Drilling by Gold Fields identified mineralisation and resources along a >2km zone, making up the Gonka trend. The current drilling program has focused on an 800m long portion at the northern end of the Gonka trend. Some of Gold Fields' notable drill intersections were;

7m @ 7.65 g/t from 92m depth (KRC0578)

6m @ 9.18 g/t from 102m depth (KRC0578)

15m @ 7.51 g/t from 59m depth (KRC0806)

20m @ 4.19 g/t from 56m depth (KRCD0058)

7.2m @ 7.05 g/t from 139m depth (KRCD0233)

5.2m @ 9.42 g/t from 174.4m depth (KRCD0575)

4.85m @ 11.46 g/t from 109.55m (KRCD0587)

5.3m @ 18.80 g/t from 249m (KRCD0730)

3.5m @ 23.13 g/t from 162.6m (KRCD0756)

1.3m @ 39.71 g/t from 220.4m (KRCD0808)

To date a total of 9,908m (budget of 12,000m) of DD and 6,206 metres (budget of 10,000m) of RC pre-collars have been completed at Gonka. The current exploration drill programme will be finished by year end, and work has already begun to ensure the updated Resource and Reserve models are finalised by Q1 2019.

The Gonka deposit is situated just 5km from the process plant, making it suitable to be included in the current mine plan. The deposit is fully permitted and within the mining license, which will allow mining to start immediately, once the Resource modelling and mine planning is completed, expected by the end of first quarter 2019.

Guirin West

Mineral Resource modelling of the Guirin West infill RC drilling (1,956m) was completed by CSA Global - UK. The total mineral resource defined from this drilling was 64kt @ 2.26g/t for 4.6kozs (at a cut-off of 0.8g/t). All the material is oxide and is contained with a single grade domain. Only the southern-most zone within the 6 mineralised zones that make up Guirin West was able to be drilled at the time due to the extreme wet season. The remaining zones are being planned to be drilled in 2019.

Komana East Underground

No further drilling is being planned for 2018 at Komana East underground. Mining planning work is being scheduled to commence by CSA Global - Perth in February 2019 to prepare an underground mine design and schedule on the existing Indicated resources beneath the pit. This work is scheduled for completion by the end of quarter one 2019.

Sanioumale East and West "SE & SW"

The planned 2018 resource infill and fresh rock extensional drilling at Sanioumale East and West have been postponed until 2019. Mine planning work by CSA Global are running mine planning scenarios on the existing Indicated resources (oxide and transitional only) at SE & SW. With the planned second ball mill expansion ready by Q3 2019, the oxide / transitional resources of 200kozs at SE & SW will be blended with the hard rock resources from Gonka.

Komana West

Full drill results - 1m cut-off grade 0.5g/t

 
              Depth From    Depth    Interval   Grade 
  Hole_ID         (m)       To (m)      (m)      (g/t)   Intercept Description 
 KWDD0600            139       146          7     1.88   7m @ 1.88 g/t 
             -----------  --------  ---------  -------  ---------------------- 
                                                         1.2m @ 0.80 
 KWDD0601            109     110.2        1.2      0.8    g/t 
             -----------  --------  ---------  -------  ---------------------- 
 KWDD0601            118       119          1     3.23   1m @ 3.23 g/t 
             -----------  --------  ---------  -------  ---------------------- 
 KWDD0601            133       134          1      0.8   1m @ 0.80 g/t 
             -----------  --------  ---------  -------  ---------------------- 
 KWDD0601            143       144          1     2.25   1m @ 2.25 g/t 
             -----------  --------  ---------  -------  ---------------------- 
 KWDD0601            159       160          1     0.58   1m @ 0.58 g/t 
             -----------  --------  ---------  -------  ---------------------- 
 KWDD0601            164       165          1     3.04   1m @ 3.04 g/t 
             -----------  --------  ---------  -------  ---------------------- 
 KWDD0602            119       120          1     22.9   1m @ 22.90 g/t 
             -----------  --------  ---------  -------  ---------------------- 
                                                         8.05m @ 4.98 
 KWDD0603           72.4     80.45       8.05     4.98    g/t 
             -----------  --------  ---------  -------  ---------------------- 
                                                         7.1m @ 6.25 
 KWDD0603           84.9        92        7.1     6.25    g/t 
             -----------  --------  ---------  -------  ---------------------- 
                                                         1.9m @ 24.87 
 KWDD0603           96.1        98        1.9    24.87    g/t 
             -----------  --------  ---------  -------  ---------------------- 
                                                         1.45m @ 0.57 
 KWDD0603         105.55       107       1.45     0.57    g/t 
             -----------  --------  ---------  -------  ---------------------- 
                                                         24.75m @ 3.06 
 KWDD0603            118    142.75      24.75     3.06    g/t 
             -----------  --------  ---------  -------  ---------------------- 
 KWDD0603            173       174          1     3.83   1m @ 3.83 g/t 
             -----------  --------  ---------  -------  ---------------------- 
 KWDD0604             64        66          2     0.58   2m @ 0.58 g/t 
             -----------  --------  ---------  -------  ---------------------- 
                                                         13.5m @ 5.33 
 KWDD0604             69      82.5       13.5     5.33    g/t 
             -----------  --------  ---------  -------  ---------------------- 
                                                         2.5m @ 3.47 
 KWDD0604A          62.5        65        2.5     3.47    g/t 
             -----------  --------  ---------  -------  ---------------------- 
 KWDD0604A          69.7      79.7         10      9.9   10m @ 9.90 g/t 
             -----------  --------  ---------  -------  ---------------------- 
 KWDD0605            102       103          1     0.73   1m @ 0.73 g/t 
             -----------  --------  ---------  -------  ---------------------- 
 KWDD0605            134       136          2     5.12   2m @ 5.12 g/t 
             -----------  --------  ---------  -------  ---------------------- 
 KWDD0605            139       145          6     2.17   6m @ 2.17 g/t 
             -----------  --------  ---------  -------  ---------------------- 
 KWDD0605            154       157          3     0.96   3m @ 0.96 g/t 
             -----------  --------  ---------  -------  ---------------------- 
 KWDD0606            115       116          1     0.63   1m @ 0.63 g/t 
             -----------  --------  ---------  -------  ---------------------- 
 KWDD0607            121       123          2     2.71   2m @ 2.71 g/t 
             -----------  --------  ---------  -------  ---------------------- 
 KWDD0607            127       128          1     0.81   1m @ 0.81 g/t 
             -----------  --------  ---------  -------  ---------------------- 
                                                         11.8m @ 1.12 
 KWDD0608             43      54.8       11.8     1.12    g/t 
             -----------  --------  ---------  -------  ---------------------- 
 KWDD0608             61        62          1       10   1m @ 10.00 g/t 
             -----------  --------  ---------  -------  ---------------------- 
 KWDD0608             80        81          1     0.53   1m @ 0.53 g/t 
             -----------  --------  ---------  -------  ---------------------- 
                                                         1.7m @ 0.92 
 KWDD0608           86.3        88        1.7     0.92    g/t 
             -----------  --------  ---------  -------  ---------------------- 
                                                         1.7m @ 1.15 
 KWDD0608             93      94.7        1.7     1.15    g/t 
             -----------  --------  ---------  -------  ---------------------- 
 KWDD0608             98        99          1     0.62   1m @ 0.62 g/t 
             -----------  --------  ---------  -------  ---------------------- 
                                                         1.8m @ 10.11 
 KWDD0608            125     126.8        1.8    10.11    g/t 
             -----------  --------  ---------  -------  ---------------------- 
 KWDD0608            142       143          1     0.85   1m @ 0.85 g/t 
             -----------  --------  ---------  -------  ---------------------- 
 KWDD0609              8        23         15     4.25   15m @ 4.25 g/t 
             -----------  --------  ---------  -------  ---------------------- 
 KWDD0609             78        79          1     0.59   1m @ 0.59 g/t 
             -----------  --------  ---------  -------  ---------------------- 
                                                         1.02m @ 0.80 
 KWDD0609          92.43     93.45       1.02      0.8    g/t 
             -----------  --------  ---------  -------  ---------------------- 
 KWDD0609            150       152          2     0.87   2m @ 0.87 g/t 
             -----------  --------  ---------  -------  ---------------------- 
 KWDD0609            164       165          1     0.54   1m @ 0.54 g/t 
             -----------  --------  ---------  -------  ---------------------- 
 KWDD0612            112       113          1     0.81   1m @ 0.81 g/t 
             -----------  --------  ---------  -------  ---------------------- 
                                                         1.7m @ 5.96 
 KWDD0613           85.3        87        1.7     5.96    g/t 
             -----------  --------  ---------  -------  ---------------------- 
 KWDD0613             97        98          1     14.3   1m @ 14.30 g/t 
             -----------  --------  ---------  -------  ---------------------- 
                                                         1.75m @ 2.21 
 KWDD0613         121.25       123       1.75     2.21    g/t 
             -----------  --------  ---------  -------  ---------------------- 
 KWDD0614            104       105          1     1.06   1m @ 1.06 g/t 
             -----------  --------  ---------  -------  ---------------------- 
                                                         3.6m @ 4.95 
 KWDD0614          114.4       118        3.6     4.95    g/t 
             -----------  --------  ---------  -------  ---------------------- 
 KWDD0614            126       134          8     1.99   8m @ 1.99 g/t 
             -----------  --------  ---------  -------  ---------------------- 
                                                         2.05m @ 7.33 
 KWDD0614         137.05     139.1       2.05     7.33    g/t 
             -----------  --------  ---------  -------  ---------------------- 
 KWRC0400             13        14          1      2.7   1m @ 2.70 g/t 
             -----------  --------  ---------  -------  ---------------------- 
 KWRC0406             36        39          3     1.34   3m @ 1.34 g/t 
             -----------  --------  ---------  -------  ---------------------- 
 KWRC0408            110       112          2     2.45   2m @ 2.45 g/t 
             -----------  --------  ---------  -------  ---------------------- 
 KWRC0408            114       115          1      0.6   1m @ 0.60 g/t 
             -----------  --------  ---------  -------  ---------------------- 
 KWRC0417              0         1          1     16.8   1m @ 16.80 g/t 
             -----------  --------  ---------  -------  ---------------------- 
 KWRC0419             90       102         12      1.9   12m @ 1.90 g/t 
             -----------  --------  ---------  -------  ---------------------- 
 KWRCD0003            11        12          1     0.54   1m @ 0.54 g/t 
             -----------  --------  ---------  -------  ---------------------- 
 KWRCD0003            28        29          1     12.8   1m @ 12.80 g/t 
             -----------  --------  ---------  -------  ---------------------- 
 KWRCD0003            48        49          1      8.4   1m @ 8.40 g/t 
             -----------  --------  ---------  -------  ---------------------- 
 KWRCD0003            59        60          1     1.47   1m @ 1.47 g/t 
             -----------  --------  ---------  -------  ---------------------- 
 KWRCD0003            71        72          1      1.1   1m @ 1.10 g/t 
             -----------  --------  ---------  -------  ---------------------- 
                                                         1.5m @ 0.75 
 KWRCD0003         91.25     92.75        1.5     0.75    g/t 
             -----------  --------  ---------  -------  ---------------------- 
 KWRCD0003           195       196          1     0.83   1m @ 0.83 g/t 
             -----------  --------  ---------  -------  ---------------------- 
 KWRCD0004            47        48          1     0.56   1m @ 0.56 g/t 
             -----------  --------  ---------  -------  ---------------------- 
 KWRCD0004            77        80          3     3.26   3m @ 3.26 g/t 
             -----------  --------  ---------  -------  ---------------------- 
                                                         1.4m @ 20.46 
 KWRCD0004          94.5      95.9        1.4    20.46    g/t 
             -----------  --------  ---------  -------  ---------------------- 
 KWRCD0004         104.4     105.4          1      2.4   1m @ 2.40 g/t 
             -----------  --------  ---------  -------  ---------------------- 
 KWRCD0004           121       123          2      0.8   2m @ 0.80 g/t 
             -----------  --------  ---------  -------  ---------------------- 
 KWRCD0004           133       134          1     29.7   1m @ 29.70 g/t 
             -----------  --------  ---------  -------  ---------------------- 
 

Gonka

Full drill results - 1m cut-off grade 0.5g/t

 
               Depth From    Depth     Interval    Grade 
   Hole_ID         (m)       To (m)    Width (m)    (g/t)   Intercept Description 
 GKDD0001             132       134            2     2.12   2m @ 2.12 g/t 
              -----------  --------  -----------  -------  ---------------------- 
 GKDD0001             153       155            2     3.72   2m @ 3.72 g/t 
              -----------  --------  -----------  -------  ---------------------- 
 GKDD0001             167       168            1     1.77   1m @ 1.77 g/t 
              -----------  --------  -----------  -------  ---------------------- 
 GKDD0002              80        82            2     4.34   2m @ 4.34 g/t 
              -----------  --------  -----------  -------  ---------------------- 
 GKDD0002              88        89            1     2.54   1m @ 2.54 g/t 
              -----------  --------  -----------  -------  ---------------------- 
 GKDD0002             108       111            3      5.5   3m @ 5.50 g/t 
              -----------  --------  -----------  -------  ---------------------- 
 GKDD0002             157       158            1      0.5   1m @ 0.50 g/t 
              -----------  --------  -----------  -------  ---------------------- 
                                                            2.05m @ 1.11 
 GKDD0003            78.4     80.45         2.05     1.11    g/t 
              -----------  --------  -----------  -------  ---------------------- 
 GKDD0004              39        41            2     1.77   2m @ 1.77 g/t 
              -----------  --------  -----------  -------  ---------------------- 
 GKDD0004              60        61            1      0.9   1m @ 0.90 g/t 
              -----------  --------  -----------  -------  ---------------------- 
                                                            1.25m @ 0.60 
 GKDD0006              90     91.25         1.25      0.6    g/t 
              -----------  --------  -----------  -------  ---------------------- 
 GKDD0007             134       136            2     8.18   2m @ 8.18 g/t 
              -----------  --------  -----------  -------  ---------------------- 
 GKDD0007             158       161            3     1.84   3m @ 1.84 g/t 
              -----------  --------  -----------  -------  ---------------------- 
 GKDD0007             187       193            6     4.41   6m @ 4.41 g/t 
              -----------  --------  -----------  -------  ---------------------- 
 GKDD0007             199       200            1      0.5   1m @ 0.50 g/t 
              -----------  --------  -----------  -------  ---------------------- 
 GKDD0008             206       207            1      1.7   1m @ 1.70 g/t 
              -----------  --------  -----------  -------  ---------------------- 
 GKDD0009             109       110            1     2.97   1m @ 2.97 g/t 
              -----------  --------  -----------  -------  ---------------------- 
 GKDD0009             116       118            2     1.69   2m @ 1.69 g/t 
              -----------  --------  -----------  -------  ---------------------- 
                                                            1.95m @ 2.37 
 GKDD0009           177.2    179.15         1.95     2.37    g/t 
              -----------  --------  -----------  -------  ---------------------- 
 GKDD0010              85        89            4     2.78   4m @ 2.78 g/t 
              -----------  --------  -----------  -------  ---------------------- 
 GKDD0010             112       117            5     2.97   5m @ 2.97 g/t 
              -----------  --------  -----------  -------  ---------------------- 
 GKDD0010             120       121            1     0.66   1m @ 0.66 g/t 
              -----------  --------  -----------  -------  ---------------------- 
                                                            1.65m @ 0.67 
 GKDD0010          132.15     133.8         1.65     0.67    g/t 
              -----------  --------  -----------  -------  ---------------------- 
                                                            13.6m @ 2.56 
 GKDD0011              34      47.6         13.6     2.56    g/t 
              -----------  --------  -----------  -------  ---------------------- 
 GKDD0012             156       157            1     0.61   1m @ 0.61 g/t 
              -----------  --------  -----------  -------  ---------------------- 
 GKDD0012             160       164            4     0.98   4m @ 0.98 g/t 
              -----------  --------  -----------  -------  ---------------------- 
 GKDD0012             185       186            1     2.13   1m @ 2.13 g/t 
              -----------  --------  -----------  -------  ---------------------- 
 GKDD0012             198       200            2     0.54   2m @ 0.54 g/t 
              -----------  --------  -----------  -------  ---------------------- 
                                                            6.3m @ 2.88 
 GKDD0015           144.5     150.8          6.3     2.88    g/t 
              -----------  --------  -----------  -------  ---------------------- 
 GKDD0015          186.25    187.25            1     0.52   1m @ 0.52 g/t 
              -----------  --------  -----------  -------  ---------------------- 
                                                            1.2m @ 0.87 
 GKDD0017           116.2     117.4          1.2     0.87    g/t 
              -----------  --------  -----------  -------  ---------------------- 
 GKDD0017             141       144            3     1.19   3m @ 1.19 g/t 
              -----------  --------  -----------  -------  ---------------------- 
 GKDD0018              91        92            1     0.74   1m @ 0.74 g/t 
              -----------  --------  -----------  -------  ---------------------- 
 GKDD0018             170       171            1     0.68   1m @ 0.68 g/t 
              -----------  --------  -----------  -------  ---------------------- 
                                                            8.5m @ 1.36 
 GKDD0019             146     154.5          8.5     1.36    g/t 
              -----------  --------  -----------  -------  ---------------------- 
 GKDD0019             184       185            1     0.52   1m @ 0.52 g/t 
              -----------  --------  -----------  -------  ---------------------- 
                                                            6.4m @ 2.90 
 GKDD0020            90.6        97          6.4      2.9    g/t 
              -----------  --------  -----------  -------  ---------------------- 
                                                            3.6m @ 0.85 
 GKDD0020           111.2     114.8          3.6     0.85    g/t 
              -----------  --------  -----------  -------  ---------------------- 
                                                            7.75m @ 2.95 
 GKDD0020          118.35     126.1         7.75     2.95    g/t 
              -----------  --------  -----------  -------  ---------------------- 
                                                            3.1m @ 20.39 
 GKDD0020           128.9       132          3.1    20.39    g/t 
              -----------  --------  -----------  -------  ---------------------- 
 GKDD0021             177       179            2     0.98   2m @ 0.98 g/t 
              -----------  --------  -----------  -------  ---------------------- 
 GKDD0022              45        46            1     1.16   1m @ 1.16 g/t 
              -----------  --------  -----------  -------  ---------------------- 
 GKDD0022           56.05     57.05            1      1.5   1m @ 1.50 g/t 
              -----------  --------  -----------  -------  ---------------------- 
 GKDD0024             136       137            1     5.06   1m @ 5.06 g/t 
              -----------  --------  -----------  -------  ---------------------- 
 GKDD0024             146       147            1     30.8   1m @ 30.80 g/t 
              -----------  --------  -----------  -------  ---------------------- 
 GKDD0024             167       169            2     1.57   2m @ 1.57 g/t 
              -----------  --------  -----------  -------  ---------------------- 
                                                            1.56m @ 0.59 
 GKDD0025             147    148.56         1.56     0.59    g/t 
              -----------  --------  -----------  -------  ---------------------- 
 GKDD0027              68        70            2     1.24   2m @ 1.24 g/t 
              -----------  --------  -----------  -------  ---------------------- 
 GKDD0027              86        89            3     1.19   3m @ 1.19 g/t 
              -----------  --------  -----------  -------  ---------------------- 
 GKRCD0002            169       171            2     1.61   2m @ 1.61 g/t 
              -----------  --------  -----------  -------  ---------------------- 
 GKRCD0002            178       192           14     3.88   14m @ 3.88 g/t 
              -----------  --------  -----------  -------  ---------------------- 
 GKRCD0002            205       207            2     0.95   2m @ 0.95 g/t 
              -----------  --------  -----------  -------  ---------------------- 
                                                            1.2m @ 1.29 
 GKRCD0004            281     282.2          1.2     1.29    g/t 
              -----------  --------  -----------  -------  ---------------------- 
                                                            15m @ 16.03 
 GKRCD0013            207       222           15    16.03    g/t 
              -----------  --------  -----------  -------  ---------------------- 
                                                            2.5m @ 0.87 
 GKRCD0013            228     230.5          2.5     0.87    g/t 
              -----------  --------  -----------  -------  ---------------------- 
 GKRCD0020            195       198            3      1.8   3m @ 1.80 g/t 
              -----------  --------  -----------  -------  ---------------------- 
                                                            1.1m @ 0.63 
 GKRCD0020            202     203.1          1.1     0.63    g/t 
              -----------  --------  -----------  -------  ---------------------- 
                                                            9.7m @ 2.15 
 GKRCD0020          206.3       216          9.7     2.15    g/t 
              -----------  --------  -----------  -------  ---------------------- 
 GKRCD0020            219       220            1     1.97   1m @ 1.97 g/t 
              -----------  --------  -----------  -------  ---------------------- 
 GKRCD0022            219       220            1     0.86   1m @ 0.86 g/t 
              -----------  --------  -----------  -------  ---------------------- 
 GKRCD0023            158       159            1      5.5   1m @ 5.50 g/t 
              -----------  --------  -----------  -------  ---------------------- 
                                                            2.3m @ 6.55 
 GKRCD0023          162.7       165          2.3     6.55    g/t 
              -----------  --------  -----------  -------  ---------------------- 
 GKRCD0023            187       191            4     0.51   4m @ 0.51 g/t 
              -----------  --------  -----------  -------  ---------------------- 
 GKRCD0023            199       203            4     0.58   4m @ 0.58 g/t 
              -----------  --------  -----------  -------  ---------------------- 
 GKRCD0023            210       212            2     1.56   2m @ 1.56 g/t 
              -----------  --------  -----------  -------  ---------------------- 
                                                            1.8m @ 1.06 
 GKRCD0023            229     230.8          1.8     1.06    g/t 
              -----------  --------  -----------  -------  ---------------------- 
 GKRCD0033             49        55            6     2.29   6m @ 2.29 g/t 
              -----------  --------  -----------  -------  ---------------------- 
 GKRCD0033             60        61            1     0.58   1m @ 0.58 g/t 
              -----------  --------  -----------  -------  ---------------------- 
 GKRCD0033             70        71            1     1.19   1m @ 1.19 g/t 
              -----------  --------  -----------  -------  ---------------------- 
 GKRCD0033             78        79            1     1.84   1m @ 1.84 g/t 
              -----------  --------  -----------  -------  ---------------------- 
 GKRCD0035             74        75            1     0.99   1m @ 0.99 g/t 
              -----------  --------  -----------  -------  ---------------------- 
 GKRCD0035             79        80            1      0.8   1m @ 0.80 g/t 
              -----------  --------  -----------  -------  ---------------------- 
 GKRCD0035             87        88            1     0.55   1m @ 0.55 g/t 
              -----------  --------  -----------  -------  ---------------------- 
 GKRCD0035             92        93            1     0.79   1m @ 0.79 g/t 
              -----------  --------  -----------  -------  ---------------------- 
                                                            19.55m @ 1.80 
 GKRCD0035            100    119.55        19.55      1.8    g/t 
              -----------  --------  -----------  -------  ---------------------- 
 GKRCD0035            123       126            3     1.13   3m @ 1.13 g/t 
              -----------  --------  -----------  -------  ---------------------- 
                                                            2.3m @ 0.73 
 GKRCD0036           87.7        90          2.3     0.73    g/t 
              -----------  --------  -----------  -------  ---------------------- 
 GKRCD0036            118       119            1     1.85   1m @ 1.85 g/t 
              -----------  --------  -----------  -------  ---------------------- 
                                                            8.26m @ 1.73 
 GKRCD0036         158.74       167         8.26     1.73    g/t 
              -----------  --------  -----------  -------  ---------------------- 
 GKRCD0042B           121       122            1     2.13   1m @ 2.13 g/t 
              -----------  --------  -----------  -------  ---------------------- 
                                                            1.08m @ 1.16 
 GKRCD0042B           125    126.08         1.08     1.16    g/t 
              -----------  --------  -----------  -------  ---------------------- 
 GKRCD0042B           160       161            1      0.6   1m @ 0.60 g/t 
              -----------  --------  -----------  -------  ---------------------- 
 GKRCD0044              8         9            1      0.5   1m @ 0.50 g/t 
              -----------  --------  -----------  -------  ---------------------- 
 GKRCD0044             34        38            4      3.2   4m @ 3.20 g/t 
              -----------  --------  -----------  -------  ---------------------- 
 GKRCD0044             44        46            2     1.93   2m @ 1.93 g/t 
              -----------  --------  -----------  -------  ---------------------- 
 GKRCD0044             62        65            3     2.35   3m @ 2.35 g/t 
              -----------  --------  -----------  -------  ---------------------- 
 GKRCD0044             79        90           11     4.11   11m @ 4.11 g/t 
              -----------  --------  -----------  -------  ---------------------- 
 GKRCD0056             48        55            7     1.29   7m @ 1.29 g/t 
              -----------  --------  -----------  -------  ---------------------- 
 GKRCD0056             59        60            1     0.65   1m @ 0.65 g/t 
              -----------  --------  -----------  -------  ---------------------- 
 GKRCD0057             11        14            3     0.86   3m @ 0.86 g/t 
              -----------  --------  -----------  -------  ---------------------- 
 GKRCD0057             53        56            3     0.66   3m @ 0.66 g/t 
              -----------  --------  -----------  -------  ---------------------- 
 GKRCD0057             60        72           12     1.04   12m @ 1.04 g/t 
              -----------  --------  -----------  -------  ---------------------- 
 

Qualified Person Review

Murray Paterson has reviewed the technical information contained within this announcement in his capacity as a Qualified Person, as required under the AIM Rules for Companies. Murray Paterson is the Chief Geologist for the Company and is a member of good standing with the Australasian Institute of Mining and Metallurgy (MAusIMM).

**ENDS**

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

 
 Daniel Betts,     Hummingbird Resources plc   Tel: +44 (0) 20 7409 
  CEO                                           6660 
  Thomas Hill, 
  FD 
  Robert Monro, 
  IR 
 
 James Spinney     Strand Hanson Limited       Tel: +44 (0) 20 7409 
  Ritchie Balmer                                3494 
  James Bellman     Nominated Adviser 
                  --------------------------  ---------------------- 
 
 Martin Davison    Canaccord Genuity Limited   Tel: +44 (0) 20 7523 
  James Asensio     Broker                      8000 
                  --------------------------  ---------------------- 
 
 Gordon Poole      Camarco                     Tel: +44 (0) 20 3 757 
  Owen Roberts                                  4980 
  James Crothers    Financial PR/IR 
                  --------------------------  ---------------------- 
 

About Hummingbird Resources Plc

Notes to Editors

Hummingbird Resources (AIM: HUM) is a leading gold production, development and exploration company. The Company has two core gold projects, the Yanfolila Gold Mine in Mali and the Dugbe Gold Project in Liberia.

Yanfolila produced its first gold pour on time and budget in December 2017 and is expected to produce approximately 107,000oz gold/year on average over the Life of Mine. Yanfolila holds pre-production Probable Reserves 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 Dugbe Gold Project has Resources currently totalling 4.2Moz of gold and a completed NI 43-101 compliant PEA on the project showing a 29% IRR and US$186m NPV at a US$1,300 gold price.

In addition to Hummingbird's production and development assets, the Company also has an exploration footprint of 4,000km(2) and a 34% interest in AIM listed Cora Gold, which is advancing a portfolio of prospects in Mali and Senegal.

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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