Resource update
Published on
Hummingbird Resources Plc is pleased to announce an upgrade of the NI43-101 compliant resource at its Dugbe F Project in South Eastern Liberia from 812,000 ounces of gold to 1,765,000 ounces of gold, making it one of the fastest growing gold resources in West Africa.
Highlights
· 117% increase in total resource since IPO in December 2010
· Total Indicated ounces of resource has increased by 149%
· Grade of Indicated resource has increased by 20%
· Additional drill targets have been generated within close proximity to this existing resource with drilling having started 3 kilometres east at the Tuzon anomaly, based on our strongest trenching results to date
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