Hummingbird Resources reports that ore commissioning has commenced at the Yanfolila gold mine in Mali. Dan Betts, CEO of Hummingbird, commented: “Ore commissioning represents the final step ahead of first gold production at Yanfolila. Everybody on site is totally focused on a smooth ramp up of the plant as we look to move into the production phase. This is a key transitional moment for Hummingbird, transforming the company from a developer to a producer.  Our first year’s production is expected to be around 130,000 oz of gold, which is projected to generate around $70 million of free cash flow at a $1,250 gold price.”

Highlights:

• Introduction of ore to the mill and the CIL process plant from the run-of-mine (ROM) pad stockpile has commenced
• First gold production expected before the end of December
• Commercial ramp up during Q1 2018 with a target of delivering circa130,000 oz of gold during the first full year of production.