Hummingbird Resources plc (AIM: HUM) is pleased to provide an operational and trading update for the first quarter of 2021 ('Q1 2021').
Q1 2021 Highlights § Gold poured: 22,781 ounces ('oz') of gold poured in Q1 2021 (Q4 2020: 22,012 oz) § Gold sold: 22,019 oz of gold sold in Q1 2021 at an average realised price of US$1,788 per oz § Gold inventory: 2,596 oz gold inventory at 31 March 2021, valued at ~US$4.4 million US$1,494 per oz for Q1 2021 (Q4 2020: US$1,496 per oz). Q1 AISC driven by: § Relatively low planned quarterly production and mill grades § High strip ratio as the Company accesses the Komana West ('KW') ore body in particular