28th Oct 2014 07:35
LONDON (Alliance News) - Hummingbird Resources PLC Tuesday said it has produced some of the highest grade drill results it has ever produced after infill and extension drill results from four pits within the Yanfolila project in Mali.
In a statement, Chief Executive Dan Betts said the latest test results from the site will help it update the financial model and the life of mine.
"These results will augment existing desktop re-modelling and will allow us to update the oxide and transitional Resources in the near future. The data from these work programmes will also further guide the engineering work being completed this year and are expected to reflect positively on the Project's Life of Mine and financial model," the CEO said.
Highlights of the drilling are as follows:
Yanfolila Drill Highlights:
Komana West
· KMWRC1003 - 15m @ 2.73g/t gold
· KMWRC1003 - 19m @ 2.29g/t gold
· KMWRC1006 - 11m @ 8.67g/t gold
· KMWRC1010 - 3m @ 41.5g/t gold
Sanioumale West
· SNWRC0156 - 2m @ 20.52g/t gold
· SNWRC0164 - 12m @ 5.12g/t gold
· SNWRC0185 - 10m @ 2.09g/t gold
· SNWRC0193 - 2m @ 9.04g/t gold
By Steve McGrath; [email protected]; @stevemcgrath1
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