News archive August 2013

Final Results for Year Ended 31 May 2013

Hummingbird Resources plc, the Liberian gold development company with a 3.8 Moz Resource, announces its final audited results for the year ended 31 May 2013.

Highlights

Development:

·  Publication of a robust Preliminary Economic Assessment on the Dugbe 1 Project

o   NPV of US$337m

o   IRR of 43%

o   125,000oz gold/year production for 20 year Life of Mine (“LOM”)

o   20 years free cash of US$954m

o   2.41 strip…

Published 15 Aug, 2013 - Read full story


Drilling Update at the Dugbe 1 Project

Hummingbird Resources, the Liberian gold developer with a 3.8 Moz gold Resource, announces that it has received results from a further 15 holes in its 15,802m 2013 drilling programme.

Highlights of Latest Tuzon Drilling Results

·    TDC124           8m @ 1.91g/t gold

·    TDC125           8m @ 2.31g/t gold

·    TDC126           8m @ 3.38 g/t gold

·    TDC127…

Published 9 Aug, 2013 - Read full story


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