Inspenet, June 13, 2023
UK-based mining company Hummingbird Resources has achieved the first gold pour at the Kouroussa mine in Guinea’s prolific Siguiri basin ahead of schedule.
The mine is the company’s second operating gold asset in West Africa. It is said to be a high grade mine with over four grams per tonne (g/t) in open pit operations.
Kouroussa, Hummingbird’s high-grade mine, is projected for annual production of 120,000 to 140,000 oz of gold
Commissioned in early May 2023, Kouroussa is expected to have average gold production of 120,000-140,000 oz over the first three years of commercial production.
After that, the mine is expected to have annual production of 100,000oz over an initial mine life of seven years.
Hummingbird CEO Dan Betts said: “Achieving the first gold pour at our second operating mine, Kouroussa in Guinea, is a major strategic milestone for the company, transforming Hummingbird into a multi-asset gold producer. and multiple jurisdictions, which more than doubled our production profile to more than 200,000 ounces per year.
“Kouroussa is the second mine that Hummingbird has built on time and on budget, comprised of a construction team of African and predominantly (80%) Guinean personnel.”
Hummingbird said it is developing detailed exploration plans for Kouroussa to restart exploration drilling plans in the second half of 2023/2024 to increase current reserves at the mine.
The company also owns the operating Yanfollia gold mine in Mali and a controlling interest in the Dugbe gold project in Liberia.
Source: Redimin
Photos: Hummingbird Resources
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