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B2Gold Corp.
Summary
| Project: | Fekola | |
|---|---|---|
| Deposit: | Fekola | |
| Location: | Mali | |
| Commodities: | Gold | |
| Date: | 9/16/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Mine Development | |
| Report details: | 16-9-2019: B2Gold Corp. announces an Exploration/Drilling Update report for its Fekola deposit at the Fekola project. Drilling results incl. 123.00m @ 4.10g/t Au from 309.00m. Vancouver, September 16, 2019 – B2Gold Corp. (TSX: BTO, NYSE AMERICAN: BTG, NSX | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Tom Garagan (Internal) | |
| ABSTRACT: | Vancouver, September 16, 2019 – B2Gold Corp. (TSX: BTO, NYSE AMERICAN: BTG, NSX: B2G) (“B2Gold” or the “Company”) announces positive drill results from the Mamba zone which is located within the Anaconda area approximately 20 kilometres from the Fekola Mine, as well as positive infill drill results from the Fekola mineral resource area and step out results north of the Fekola resource. Drilling in 2019 in Mali has been focused on increasing the Anaconda area saprolite resource, testing mineralized zones beneath the shallow saprolite zones, infill drilling the Inferred portion of the Fekola Mineral Resource to Indicated status and expanding the Fekola deposit further to the north. Based on positive drill results, in July, the Company increased the 2019 exploration budget in Mali by $3 million to $20.5 million. B2Gold has completed an 850-hole (24,863 metre) program of combined aircore, diamond and reverse circulation drilling at the Anaconda area, including on the Company’s increased land position. Drilling focused mainly on the Mamba zone, located one kilometre east of the Anaconda zone, where the Company previously announced an Inferred Mineral Resource estimate of 767,000 ounces of gold at 1.1 grams per tonne (“g/t”) in near-surface saprolite mineralization over 4.5 kilometres and up to 500 metres wide. The initial stage of the program has extended the strike length of known saprolite mineralized structures at Mamba by over 600 metres to over approximately one kilometre. Saprolite mineralization at the Adder zone, 1.2 kilometres to the west of the Mamba zone, remains open to the north. At Mamba, the newly discovered wide zone of sulphide mineralization is contiguous and continuous with the saprolite mineralization and remains open down plunge and to the south, indicating the potential to host Fekola-style sulphide gold deposits. | |
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