Vancouver, British Columbia–(Newsfile Corp. – November 9, 2017) – B2Gold Corp. (TSX: BTO) (NYSE AMERICAN: BTG) (NSX: B2G) (“B2Gold” or the “Company”) is pleased to announce positive drill results from the Fekola Property and Fekola Regional targets in Mali, West Africa. All dollar figures are in United States dollars unless otherwise indicated.
For 2017, B2Gold has budgeted over $15 million for exploration in Mali. To date, exploration programs remain on budget and set to complete over 111,000 metres of exploration drilling between the Fekola Property and the Fekola Regional program.
This news release should be read in conjunction with the Fekola and Fekola North Extension schematic long section (see below or on our website at www.b2gold.com/news/2017/)
- New drill results in the upper portion of the Fekola North Extension (formerly Kiwi zone) indicate it is part of the Fekola zone and has significantly extended mineralization to depth
- New drill results above the deeper portion of the Fekola North Extension (formerly Fekola Deeps) have intersected wide zones of good-grade mineralization, closer to surface, and up to 600 metres north of the Fekola resource pit boundary
- These results, combined with the deeper, mineralized intercepts in the upper portion of the Fekola North Extension area indicate that these zones are one contiguous mineralized zone that could dramatically increase the extent of Fekola mineralization. In addition, the mineralization remains open to the north beyond the new drill results
- Drill results from the infill-drilling program, within the Fekola resource pit boundary, continue to convert inferred resources to indicated, confirming the potential addition of 900,000 ounces of gold
Fekola North Extension Zones:
New drilling below the upper portion of the Fekola North Extension and above the deeper portion of the Fekola North Extension in a previously untested area have significantly extended mineralization to the north and depth.
Highlights of drill results from the upper portion of the Fekola North Extension (formerly Kiwi zone):