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B2Gold Corp: Maiden Saprolite Mineral Resource Estimate - Fekola Project, Mali
Vancouver, British Columbia--(Newsfile Corp. - June 15, 2017) - B2Gold Corp. (TSX: BTO) (NYSE ...
About this update from B2gold Corp.
[{"type":"text","content":"B2Gold Corp: Maiden Saprolite Mineral Resource Estimate - Fekola Project, MaliVancouver, British Columbia--(Newsfile Corp. - June 15, 2017) - B2Gold Corp. (TSX: BTO) (NYSE MKT: BTG) (NSX: B2G) (\"B2Gold\" or the \"Company\") is pleased to announce the maiden Mineral Resource estimate for the Anaconda area of the Fekola Project located in southwestern Mali and new exploration drill results from beneath the saprolite and for Anaconda. This initial Inferred Mineral Resource estimate is 21.59 million tonnes at 1.11 g/t gold for 767,000 ounces. The estimate is reported within a series of pit shells and above a 0.35 g/t gold cutoff grade. This saprolite-hosted gold mineralization remains open and B2Gold's Exploration group is continuing to explore the edges of the known zones, and test for additional saprolite hosted mineralized zones and Fekola-style mineralization within the bedrock.HighlightsThe Anaconda Mineral Resource includes the Anaconda, Adder, Cobra, Cascabel, Mamba and Boomslang zones which occur as flat-lying to slightly dipping mineralized zones within saprolite and saprock. This resource occurs near surface and remains open along strikeAt present, the combined Anaconda-Adder saprolite zone extends over 4.5 kilometres along strike and up to 500 metres wide at Anaconda and up to 200 metres wide at Adder. Within these zones, mineralized saprolite varies from several metres to over 40 metres thick, with an average true thickness of approximately 13.5 metresA conceptual engineering study is underway for Anaconda to determine the economics of mining and processing the soft saprolite material. Initial results indicate the potential for a standalone operationThe 2016 exploration program identified several bedrock structures, below the saprolite, that may have weathered to create the extensive zones of saprolite-hosted gold mineralization. These mineralized bedrock structures have the potential to host new additional Fekola-style zones. Further drilling is ongoing to test these zonesRecent significant drill results at the Kiwi zone to the north of the projected Fekola pit, containing up to 2.14 g/t over 25 metres in FSER_173Anaconda Resource Estimation DetailsThe effective date of the Mineral Resource estimate is March 22, 2017. A total of 2,007 drill holes (107,048 metres of drilling) were used in the estimate. Of the total, the...