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2 million oz at Tuzon deposit
Martin Li, Minesite on 5 Feb, 2012.
Ahead of Indaba, African gold explorers released a series of encouraging drilling reports and resource and reserve statements. Hummingbird Resources announced a maiden gold resource of two million ounces at its Tuzon deposit in Liberia, which lifts total gold resources to 3.7 million ounces. Tuzon lies just 2.6 kilometres from the existing Dugbe F resource and has potential to be developed as part of the company’s Dugbe 1 project. The limits of the orebody at Tuzon have not yet been…
Hummingbird Will Add Significantly To Its Existing 1.8 Million Oz Within The Next Couple Of Weeks
Alastair Ford, Minesite on 16 Jan, 2012.
Watch out for a nice-looking update from Hummingbird Resources over the next few weeks. Chief executive Dan Betts is one of the headline acts at the forthcoming but exclusive Livingstone conference which takes place at around the same time as Indaba but at a discreet enough distance to discourage service providers like PRs from peddling their wares. The idea about Livingstone is that it’s strictly for money men and companies only. It’s a serious opportunity for any aspiring miner to…
Hummingbird Resources - ‘ADD’
Robert Tyerman, Growth Company Investor on 13 Jan, 2012.
New resource figures from West Africa gold play Hummingbird (HUM)‘s Dugbe project in Liberia could suggest a potential three million oz or thereabouts.
The new resource, expected within a fortnight, should reflect drilling results from the project’s Tuzon prospect and so add significantly to an existing estimate of 1.8m oz at 1.2 grammes of gold per tonne of ore for the Dugbe F prospect.
Recent drilling results from Tuzon have shown intersections ranging from 14.67 metres with 2.54 grammes a…
Drill results make Hummingbird trill
Robert Tyerman, Growth Company Investor on 24 Nov, 2011.
Explorer Hummingbird Resources (HUM) says drilling at Tuzon in Liberia will accelerate a New Year gold resource estimate.
The AIM-quoted company, which has already upgraded estimated resources at its Dugbe project in Liberia to 1.8 million oz at a low grade of 1.28 grammes of gold per tonne of ore, cites what it sees as encouraging intersections at Tuzon.
These include 125.44 metres at 2.41 grammes a tonne, 75.4 metres at 1.97 grammdes a tonne and 85.96 metres at…
Hummingbird Resources Pushes Rapidly On Towards A Two Million Ounce Gold Resource In Liberia
Alastair Ford, Minesite on 25 Oct, 2011.
“We were happy with the IPO”, says Dan Betts, chief executive of Hummingbird Resources. Mirabaud definitely didn’t think we’d get it away at that price. But it was fairly valued on a comparable basis - fully valued, but not overvalued. And we were twice over-subscribed, by proper people.” In many ways, it was a dream start. Serious institutions like Blackrock, JP Morgan, Fidelity and Dundee all bought into the Hummingbird story that the Liberian portion of the Birimian craton offers…
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Team spotlight
Timothy Illingworth
Country Manager
Tim is a former officer of the British Army. He joined Hummingbird Resources in April 2011 as Country Manager after serving for 9 years in the Light Infantry and latterly in the Rifles. During his military career, Tim gained considerable experience in the planning and conduct of operations in demanding environments as well as the related HR and administrative requirements to manage a large, busy, operational organisation.