Company Timeline
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Exploration
Landholdings
Acquired licences:
- Dugbe
- Cestos
- NimbaTotal: 3 licences
Financials
Hummingbird Resources Ltd founded
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Exploration
- 825 stream samples collected
Landholdings
Total: 3 licences
Financials
Raised $0.5M
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Exploration
- 4,139 stream samples collected
Landholdings
Acquired licences:
- Zia
- Jababli
- Ba
- Kana HillsTotal: 7 licences
Financials
Raised $2.5m
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Exploration
- 5,008 soil samples collected
- 418m trenchingLandholdings
Acquired licences:
- Mount Ginka (iron ore)
- Zwedru - Gekhen
- Plibo - Ke Town
- Blebo - TawakeRelinquished Nimba
Total: 13 licences
Financials
Raised $2.5m
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Exploration
- 4,547 soil samples collected
- 1,417m trenching
- 520m scout drillingLandholdings
Total: 13 licences
Financials
Raised $11.5m
Total raised pre-IPO = $17m
Total spent pre-IPO – $14.5m
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Exploration
- 1,211 stream samples collected
- 3,589 soil samples collected
- 1,786m trenching
- 15,317m drilling for 812,000 oz ResourceLandholdings
Acquired licences:
- Nemo Creek
- Tiehnpo
- Joe VillageRelinquished Cestos
Total: 15 licences
Financials
IPO raised USD40m for 2 years’ exploration budget
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Exploration
- 2,952 stream samples collected
- 9,440 soil samples collected
- 8,838m trenching
- 31,483m drillingLandholdings
Relinquished Blebo
Total: 14 licences
MDA negotiations over Dugbe and Juazohn Shear Zones
Financials
Mount Ginka JV with Petmin –
Invested $2m for 50% of the licenceInternal options study
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Exploration
- 20-25,000m Resource drilling
- Infill drilling at Dugbe to move resource to Indicated & Measured category
- Scout and resource drill secondary projectLandholdings
Total: 14 licences
MDA negotiations over Dugbe and Juazohn Shear Zones
Financials
Pre-feasibility study
Capital raising for project development
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Exploration
Landholdings
Financials
Feasibility study
Mine financing
Pre-feasibility on secondary project
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Exploration
Landholdings
Financials
Dugbe gold mine construction
