Hummingbird Resources announces that it poured first gold at the Yanfolila Gold Mine in southern Mali from the carbon-in-leach circuit (‘CIL’) on 19 December.
The Company is now focussed on completing commissioning and ramping up to commercial production, targeting ~130,000oz of gold in the first full year of operations.
The Company has a current cash position of ~US$40 million.
Dan Betts, CEO of Hummingbird, commented: “Producing first gold from Yanfolila is Hummingbird’s most significant achievement to date and we have delivered it on time and on budget. I would like to take this opportunity to thank the Hummingbird team, our shareholders, contractors, advisers, the Government of Mali and all Malian stakeholders for their huge commitment and extraordinary efforts on our journey to turn Hummingbird, as a company, and Yanfolila specifically into a gold producer.