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B2Gold Corp.
Summary
| Project: | Fekola | |
|---|---|---|
| Deposit: | Fekola North | |
| Location: | Mali | |
| Commodities: | Gold | |
| Date: | 4/18/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Mine Development | |
| Report details: | 18-4-2018: B2Gold Corp. announces an Exploration/Drilling Update report for its Fekola North deposit at the Fekola project. Drilling results incl. 86.80m @ 3.95g/t Au from 308.2m. Vancouver, April 18, 2018 – B2Gold Corp. (TSX: BTO, NYSE AMERICAN: BTG, NSX | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Tom Garagan (Internal) | |
| ABSTRACT: | Vancouver, April 18, 2018 – B2Gold Corp. (TSX: BTO, NYSE AMERICAN: BTG, NSX: B2G) (“B2Gold” or the “Company”) announces positive exploration drill results from the Fekola North Extension Zone extending gold mineralization to one kilometer north of the Fekola Reserve pit boundary and continuing successful resource infill drilling. A total of approximately 10,000 metres of diamond drilling have now been completed this year in t he Fekola North extension. These drill results, combined with previous results, continue to convert resources to reserves within the resource pit boundary and further expand the Fekola North extension zone mineralization to now at least one km north of the Fekola reserve pit boundary, and approximately 900 metres north of the current resource pit boundary. (see longitudinal section, in the news release, and the B2Gold website (www.b2gold.com). These drill results along with previous results confirm the potential for the Fekola deposit to increase in size significantly to the north, and indicate the potential, with further drilling for a larger open-pittable resource and reserve. Fekola Resource Conversion (See longitudinal section) Infill drilling is ongoing at Fekola and continues to convert inferred resources to indicated category within the resource pit boundary. The current resource pit boundary extends beyond the Fekola reserve pit boundary approximately 50 metres below the reserve, 150 metres to the north and approximately 600 metres to the north (formerly Kiwi zone), from surface to 50 metres depth. The resource pit extension contains 720,000 ounces in the indicated category and 180,000 ounces in the inferred category, for a total potential increase of 900,000 ounces of gold1 . The recent drilling intercepted higher gold grades, in wider intercepts, than had been projected from previous drill results. | |
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