Business Overview
Hummingbird Resources (HUMRF) is a gold producer with one main production asset, Yanfolila in south western Mali and one development asset, Dugbe in Liberia. Yanfolila produced its first gold in December 2017 and production guidance expects 110,000-125,000ozs in 2019 and 130,000+ in 2020. Pre-production probable reserves were 710,535ozs at 3.14g/t and total resources of 2.2Mozs at 2.4 g/t, they have an exploration footprint of circa 4000km2. They also own 18% of Cora Gold, an exploration business also quoted in the UK currently valued at £10m. It’s a 95% local workforce so