There is exploration potential to the North and South of the current pit design, with possible underground potential too.Further work is to be carried out to quantify this upside in more detail.Sanioumale East is a basalt and mafic dyke-hosted gold deposit, similar to the Komana East and Gonka deposits. The bigger Dugbe mine could be up and running by 2020. When processing 100% fresh ore, the throughput capacity has been increased from 1Mtpa to 1.24Mtpa.There are significant Indicated Resources both within the open pit and mine inventories that are not in the current mine plan. Since IPO the Company has significantly grown its global resource inventory from an initial 0.8Moz to 6.4Moz across two countries, Mali and Liberia. All Resources for this deposit are Inferred and targeted to be converted into Measured and Indicated categories.This deposit has the potential to improve the operation’s production profile by enhancing the process plant feed grade in the middle years of the currently scheduled mine life.Located in a highly accessible area, just 1.5km to the west of the Komana East open pit, the Guirin West deposit could be fast-tracked to a top priority source of high grade oxide material to be brought within the mine plan. Hummingbird Resources, an AIM-listed mining contractor, has announced that its Yanfolila gold mine project located in Mali is on schedule and it is set to start pre-production mining in the third quarter of 2017. The mine first poured gold in December 2017 and already has indicated and inferred resources of over 1.5m ounces of gold (including over 700,000 probable reserves) whilst continuing to explore. The mine first poured gold in December 2017 and already has indicated and inferred resources of over 1.5m ounces of gold (including over 700,000 … During the construction of the mine, over 1400 people were employed of which over 90% were Malian. The Yanfolila Gold Mine (‘Yanfolila’), located in southern Mali, is a high grade open pit mining operation, which poured first gold on time and on budget in December 2017. Infill drilling is required to convert the current Resource into Indicated and Measured Reserves.External consultants DRA Global are currently carrying out an initial desktop study at Komana East to target high grades at depth beneath the pit shell. For over 25 years, Mali has been home to international mining companies’ commercial operations and gold constitutes approximately 90% of its mineral production.
Commercial Production at Yanfolila, Mali Hummingbird Resources plc (HUM) acquired the Yanfolila Project (Project) from Gold Fields (GF) in July, 2014.
Hummingbird Resources plc (AIM: HUM), is pleased to announce it has appointed Mr. Kevin Moxham as General Manager for the Yanfolila Gold Project (‘Yanfolila’) in Mali.
This gold will be produced at a rate of over 100,000 ounces per year.Hummingbird Resources is committed to having a lasting economic and social benefit on the local communities around the mine. All of these factors render Mali a first-rate country to operate in.With 7.9Mt of Reserve ore @ 2.66 g/t for c. 676,000 ozs gold and a wider 2Moz Resource base, Yanfolila is a high grade deposit with significant scope to increase its Reserve base and Life of Mine through on-going exploration.The carbon-in-leach process plant has a throughput capacity of 1.4Mtpa when processing a blend of ore types, which was enhanced by the secondary ball mill project in 2019.
It has a 2.0km+ strike length and open mineralisation at depth, with only the weathered zone having been drilled historically. Initial feedback from the study has been positive, based on the current Indicated and Inferred Resources.The exploration strategy will drill deep holes to target and convert currently Inferred Resources to the Indicated category, adding mine life and improving the grade profile of operations towards the end of the current scheduled mine life.Komana West has a 2.5km+ strike length and is due to start being mined later this year. GF acquired the Project from Glencar Mining in December 2009 and developed the Project for four years to a point where HUM now plans to begin final development and construction. The country has been EITI-compliant since 2011 and the mining sector, as a large contributor to the GDP and prominent theme in its history, is considered a priority industry.