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B2Gold Corp.
Summary
| Project: | Kiaka | |
|---|---|---|
| Deposit: | Toega | |
| Location: | Burkina Faso | |
| Commodities: | Gold | |
| Date: | 2/22/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 22-2-2018: B2Gold Corp. announces a Resource Estimation report for its Toega deposit at the Kiaka project. Initial Mineral Resource for the Toega Deposit. Vancouver, February 22, 2018 – B2Gold Corp. (TSX: BTO, NYSE AMERICAN: BTG, NSX: B2G) ("B2Gold" or th | |
| Resources: | (Resource, Inf.): 17.53Mt @ 2.01g/t Au for 1.13Moz contained at Toega | |
| CP/QP: | [Resources]: John Rajala (Internal) | |
| ABSTRACT: | Vancouver, February 22, 2018 – B2Gold Corp. (TSX: BTO, NYSE AMERICAN: BTG, NSX: B2G) ("B2Gold" or the "Company") announces a positive initial Inferred Mineral Resource estimate for the Toega Project located in Burkina Faso. The effective date of the Mineral Resource estimate is January 8, 2018. A total of 165 drill holes (37,776 metres of drilling) were used in the estimate. Inferred Mineral Resources are supported by a nominal drill hole spacing of 100 by 100 metres; however, 65% of the reported resource has been drilled to a 50 by 50 metre, or tighter, drill hole spacing. Mineralization zone models at nominal grade thresholds of 0.2 g/t gold and 0.8 g/t gold were built using lithology, mineralization and structural measurements to control the 3D modeling. Assays were capped at 2.5 g/t within the 0.2 g/t shell and 18.0 g/t within the 0.8 g/t shell. Capping levels were based on statistics and spatial consideration of the high-grade assays. Gold assays were capped prior to compositing to 2 metres. Grade variability within the mineralization zones is relatively low. Block model grades were estimated using Ordinary Kriging within the two mineralization domains. A total of 6,343 bulk density measurements using the water-displacement method on dried core samples were completed at the project site. For tonnage and metal estimates, densities were estimated to the block model for fresh rocks; density for each regolith type was assigned a constant value. | |
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