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  • Hummingbird Resources completes Kouroussa gold project

    01.09.2020· "I am delighted to announce we have now completed the acquisition of the Kouroussa Gold Project from Cassidy. We now eagerly await the awarding of the mining licence from the Government of Guinea and look forward to working with them to develop this exciting project as partners for the benefit of all stakeholders," said CEO Dan Betts.

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  • Hummingbird completes Guinea’s Kouroussa gold project

    Situated near the town of Kouroussa in the eastern Republic of Guinea, Kouroussa is a near term development asset in the “prolific” Siguiri Basin. It has a high grade mineral resource of 1.18 million ounces (Moz) of gold at over three grams per tonne, a lucrative pre-tax NPV10 of $110m.

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  • Hummingbird Resources Acquires High-Grade Kouroussa

    Hummingbird to acquire the Kouroussa Gold Project, a near term development asset in the prolific Siguiri Basin, which has a high grade mineral resource of 1.18Moz of gold at >3g/t ; The acquisition of the Project turns Hummingbird into a near term multi-asset producer with jurisdictional diversification in line with the Company’s strategy; First gold production targeted within 2 years, with

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  • Hummingbird Resources to acquire Kouroussa gold project

    08.06.2020· “The intended acquisition of Cassidy Guinea and the Kouroussa Gold project marks a transformational step in the development of Hummingbird and the execution of our strategy to become a multi asset gold producer in the near term. “Kouroussa is a high grade, high margin project with a number of similarities and synergies with Yanfolila which we are confident we can harness to our advantage.

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  • Hummingbird confirms purchase of Kouroussa Gold Project

    26.06.2020· Hummingbird confirms purchase of Kouroussa Gold Project. Hummingbird Resources has signed a conditional binding SPA confirming and setting out the key terms for the acquisition of the Kouroussa Gold Project in Guinea, from Cassidy Gold Corp. This follows the completion of confirmatory due diligence by Hummingbird on the Project.

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  • Hummingbird buys Guinea Kouroussa mine project; gold

    01.09.2020· Kouroussa is a near-term development asset in the Siguiri Basin, near Kouroussa town in northeastern Guinea. It has a high grade mineral resource of 1.18 million z of gold at over three grams per mt, and an internal rate of return of 51.2% (at a $1,350/oz gold price), Hummingbird said.

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  • Hummingbird Resources Acquire the Kouroussa Gold

    10.06.2020· The Kouroussa Gold Project, a near term development asset in the prolific Siguiri Basin, has a high-grade mineral resource of 1.18Moz of gold at >3g/t. The acquisition of the Project turns Hummingbird into a near term multi-asset producer with jurisdictional diversification in line with the Company’s strategy

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  • Hummingbird purchases Kouroussa Gold Project M i N M

    The Kouroussa Gold Project has a Resource base of 1.18Moz @ 3.08 g/t, which will be fast tracked to production, adding an additional c.100,000 oz of gold per annum to its production profile. Hummingbird also has a controlling interest in the Dugbe Gold Project that is being developed by ARX Resources through an earn-in agreement.

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  • Cassidy acquires exploitation permit for Kouroussa Gold

    The latest resource statement for the Kouroussa Gold Project, announced in October 2008, highlighted an indicated resource of 680,000 ounces contained in 11,380,000 tonnes grading 1.9 g/t Au and an...

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  • Kouroussa Wikipedia

    The Kouroussa area also has a long history as a center of small scale gold mining, which continues in so called "Artisanal Mining" Recent criticism has surfaced around the working conditions, pay, and the widespread use of child labour in these small gold mines, and the method which middlemen, many based in Kouroussa, purchase and transport gold. Gold collected in Kouroussa is sold on—with

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  • Hummingbird Resources Acquires High-Grade Kouroussa

    Hummingbird to acquire the Kouroussa Gold Project, a near term development asset in the prolific Siguiri Basin, which has a high grade mineral resource of 1.18Moz of gold at >3g/t ; The acquisition of the Project turns Hummingbird into a near term multi-asset producer with jurisdictional diversification in line with the Company’s strategy; First gold production targeted within 2 years, with

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  • Hummingbird completes Kouroussa transaction Mining

    Aim-listed gold developer and explorer Hummingbird Resources has completed the acquisition of Cassidy Gold Corporation’s Kouroussa gold project in Guinea. The project is a

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  • Hummingbird buys Guinea Kouroussa mine project; gold

    Kouroussa is a near-term development asset in the Siguiri Basin, near Kouroussa town in northeastern Guinea. It has a high grade mineral resource of 1.18 million z of gold at over three grams per mt, and an internal rate of return of 51.2% (at a $1,350/oz gold price), Hummingbird said.

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  • Hummingbird Resources acquires Kouroussa Gold Project

    Kouroussa has a high grade mineral resource of 1.18Moz of gold at over three grams per tonne, a lucrative pre-tax NPV10 of $110 million and an IRR of 51.2% (at $1,350/oz gold price). The synergies between the Project and Hummingbird’s existing producing Yanfolila Mine, enable the Company to use similar metallurgical flow sheet and process plant design to leverage construction and

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  • Kouroussa: mining for gold, step 1, bring it to the

    28.01.2013· Papua New Guinea: Mining for Gold With Deadly Mercury Duration: 1:40. Local mining in Kouroussa community Duration: 0:07. Guinea GoldMiner 369 views. 0:07. Percusión Kouroussa (Guinea

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  • Home Alamako Mining

    Gold Mining. Alamako has acquired a gold permit located in Siguiri and Kouroussa. These area have potentials for gold and other important minerals associated. A concentration of 3 to 23 grams per tonne was found by other companies such as SAG (AngloGold) and SMD (NordGold-Lero) iin that area.

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  • Hummingbird Resources acquiring Kouroussa gold

    The Kouroussa Gold Project is a near term development asset in the prolific Siguiri Basin, which has a high-grade mineral resource of 1.18 million oz of gold at >3 g/t. The acquisition turns Hummingbird into a near term multi-asset producer with jurisdictional diversification in line with the company’s strategy. First gold production is targeted within two years, with production of about

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  • Hummingbird purchases Kouroussa Gold Project M i N

    Hummingbird Resources is a gold production, development and exploration company. The company has two core gold projects, the Yanfolila Gold Mine in Mali and the recently acquired Kouroussa Gold Project in Guinea. Yanfolila produced its first gold pour on time and budget in December 2017. At 31 October 2019 Yanfolila has a 7.9Mt of Reserve ore @ 2.66 g/t for 676,000ozs gold. At 31 March 2019 Yanfolila

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  • GreenFlag Signs Agreement to Acquire Kouroussa Gold

    13.11.2014· GreenFlag Signs Agreement to Acquire Kouroussa Gold Mining Project, Guinea, West Africa Email Print Friendly Share November 13, 2014 15:50 ET Source: GreenFlag Ventures Inc.

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  • Kouroussa Prefecture Wikipedia

    The Kouroussa area also has a long history as a center of small scale gold mining, which continues in so called "Artisanal Mining" Recent criticism has surfaced around the working conditions, pay, and the widespread use of child labour in these small gold mines, and the method which middlemen, many based in Kouroussa, purchase and transport gold. Gold collected in Kouroussa is sold on—with almost no

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