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B2Gold Corp.
Summary
| Project: | Kiaka | |
|---|---|---|
| Deposit: | Kiaka | |
| Location: | Burkina Faso | |
| Commodities: | Gold | |
| Date: | 6/29/2016 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 29-6-2016: B2Gold Corp. announces an Exploration/Drilling Update report for its Kiaka deposit at the Kiaka project. Drilling results incl. 16m @ 4.16g/t Au. Vancouver, June 29, 2016 – B2Gold Corp. (TSX: BTO, NYSE MKT: BTG, NSX: B2G) (“B2Gold” or the “Comp | |
| Resources: | (Resource): 27.3Mt @ 1.09g/t Au (Meas), 96.8Mt @ 0.96g/t Au (Ind), 27.3Mt @ 0.93g/t Au (Inf) | |
| CP/QP: | [Overall Report]: Tom Garagan (Internal) | |
| ABSTRACT: | Vancouver, June 29, 2016 – B2Gold Corp. (TSX: BTO, NYSE MKT: BTG, NSX: B2G) (“B2Gold” or the “Company”) is pleased to announce an exploration update for its Fekola and Kiaka projects in West Africa (Mali and Burkina Faso, respectively). All dollar figures are in United States dollars unless otherwise indicated. To date at the Kiaka project, the positive exploration drill results at the new Toega prospects near the Kiaka deposit indicate the presence of new, potentially higher-grade gold zones. Preliminary internal studies indicate that combining the potential higher-grade ore from the Toega zones with ore from the lower-grade Kiaka deposit could have a very positive effect on the economics of the project. An aggressive 2016 exploration drilling program is intended to further explore and conduct infill drilling at the new, higher-grade gold zones along with metallurgical testing and base line permitting work. The Company’s objective is to release an initial resource estimate on the main Toega prospect by the end of 2016. In addition, a reconnaissance aircore drilling program to the east of known mineralization intersected 16 metres at 4.16 g/t gold, including 6 metres at 9.90 g/t gold associated with quartz veining hosted in siltstone in hole NKAC_012. | |
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