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Hummingbird Resources Ord Shs HUMRF

Hummingbird Resources PLC is a multi-asset, multi-jurisdiction gold production, development and exploration company. The Company has two core gold projects: its flagship asset, the Yanfolila Gold Mine in Mali, and the Kouroussa Gold Mine in Guinea. It also controls the Dugbe Gold Project in Liberia. The Yanfolila Gold Mine is located in southern Mali, and is a high-grade open pit mining operation with significant underground potential. The Kouroussa Mine is situated in the prolific Siguiri Basin in Guinea and has a high-grade resources base of 1.2 million ounces (Moz) at 3.02 grams per ton (g/t) and Reserves of 647 koz at 4.15 g/t. The Dugbe Gold Mine is situated within the Dugbe Shear Zone and crosses its Dugbe and Joe Village Licences. The Dugbe Shear Zone is located in south-eastern Liberia, located 40 miles by road from the deep-water port of Greenville, the capital city of County Sinoe. The Dugbe Gold Mine is made up of three mineral-rich discoveries (Dugbe F, Tuzon and Sackor).


OTCPK:HUMRF - Post by User

Comment by ts9222on Jan 28, 2018 6:57am
52 Views
Post# 27449082

RE:RE:commisioning update

RE:RE:commisioning updateJCPenny where did you get your information?

According to the feasibility study they are using Taparko by SENET (Page 51)
https://www.rns-pdf.londonstockexchange.com/rns/1737G_-2015-3-1.pdf
"some aspects of the process plant design were duplicated from the Taparko Gold Plant, currently operating in Burkina Faso. The Taparko plant was engineered by SENET, therefore HUM decided to use Taparko as a model in order to reduce the amount and cost of engineering design."

They mentioned looking at Gekko as an alternative but didn't use it, in
5.2.5 Alternative Processing Scenarios

Plus, their financial report also says they are using SENET:
"Engineering & Design Together with our Engineering, Procurement, Construction Management (“EPCM”) contractor, SENET, we have now completed all the detailed design drawings for the project, and under the guidance and leadership of Wayne Galea, our VP of EPCM, I am pleased that we have been able to make savings and efficiencies in this area by cutting out unnecessary steel and complications in the design which were present in the original DFS design."

Or are you just trying to scare people?

JCPenny wrote:
A testing time - after a long wait I finally I expect some value to get unlocked here. Watching the mill start-up with interest as I heard they are using the same Gekko process that failed to reach target recovery factor at TMAc's mine in Canada.


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