Dan Betts of Hummingbird Resources talks about the High-Grade Drilling Data Received at Kouroussa

Dan Betts CEO of Hummingbird Resources #HUM talks about the high-grade drilling data & construction beginning at their Kouroussa Gold Mine in Guinea. 

Kouroussa Construction Begins:

Construction at Kouroussa has commenced following the mobilisation of equipment and personnel in December 2021. Key construction developments include (see photos below for more details): 

§ Commencement of ground clearing works for key infrastructure, mine camp and processing plant

§ Further long lead item purchases are being finalised, including: SAG mill; jaw crusher; ore feeders; agitators; interstage screens; tower crane; and cyclone cluster  

§ The pit dewatering team is on site, and works have commenced to further stabilise the key mining deposits for future mining operations 

§ Construction equipment, tooling, machinery, and consumables continue to arrive and are in position on site for the overall build process

§ Process plant civil works are scheduled to commence in February once more ground clearing works are completed

Kouroussa Drilling Highlights: 

Hummingbird has received further assay results on 30 Reverse Circulation ("RC") and three diamond holes on the high-grade Koekoe ("KK") deposit, delivering approximately 3,200 meters out of the Company's c.24,000m infill drilling programme for 2021. To date, the Company has received c.10,050m of assays from the 2021 programme, with more expected in Q1 2022.

§ Notable drill results from the KK deposit include:

§ 24m at 5.33 g/t from 28m (KRC1873)

§ 3m at 16.06 g/t from 118m (KRC1890)

§ 3m at 11.64 g/t from 55m (KRC1803)

§ 4m at 10.31 g/t from 89m (KRC1858)

§ 4m at 9.09 g/t from 49m (KRC1858)

§ 4m at 9.76 g/t from 146m (KRCD1878)

§ 2m at 8.48 g/t from 25m (KRC1824)

§ 8m at 7.77 g/t from 95m (KRC1864)

§ 4m at 6.17 g/t from 99m (KRC1890)

§ 4m at 4.28 g/t from 35m (KRC1854)

§ 8m at 3.22 g/t from 56m (KRC1874)

·      The Company continues to receive ongoing high-grade drill intercepts, coupled with multiple thick mineralisation zones, from our infill drilling campaign completed in 2021

·      These updated results continue to provide increasing confidence and geological knowledge of the high-grade nature of Kouroussa's key deposit KK

·      The KK deposit has a current maiden Reserve of 408,900 ounces ("oz") at 4.38 g/t, with upside potential once all the 2021 c.24,000 m infill drilling data is analysed, and which will feed into our updated Company 2022 Resources and Reserves statements that are scheduled for release in Q2 2022.

About Hummingbird Resources:

Hummingbird Resources (AIM: HUM) is a multi-asset, multi-jurisdiction gold production, development and exploration Company, a member of the World Gold Council and a founding member of Single Mine Origin (singlemineorigin.com). The Company currently has two core gold projects, the operational Yanfolila Gold Mine in Mali, and the Kouroussa Gold Mine in Guinea, which will more than double current gold production when in production, scheduled for first gold pour end of Q2 2023. Further, the Company has a controlling interest in the Dugbe Gold Project in Liberia that is being developed by Pasofino Gold Limited through an earn-in agreement. Our vision is to continue to grow our asset base, producing profitable ounces while placing our Environmental, Social & Governance ('ESG') policies and practices at the heart of all we do.