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Hummingbird lifts stake in Yanfolila project to 80%

Hummingbird Resources has acquired an additional 5% interest and a 1% royalty in the Yanfolila gold project, in Mali, raising its stake to 80%. The Aim-listed company agreed to take up its option to acquire La Petite Mine d’Or’s 5% interest in the project for $2-million in shares, which will be settled on March 31, 2018.