B2Gold Obtains Positive Drill Results At Anaconda Area
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B2Gold Obtains Positive Drill Results At Anaconda Area

byColin Sandell-Hay, Contributor - The Assay
4 years ago
Reading Time: 2 mins read
B2Gold Obtains Positive Drill Results At Anaconda Area

B2Gold Corp. (TSX: BTO) has received additional positive exploration drilling results from the Anaconda Area, located approximately 25 km north of the Fekola Mine in Mali, confirming continuity of the Mamba Main Zone, which remains open down plunge.

The Anaconda Area, comprised of the Menankoto and Bantako North permits, forms part of the Fekola complex,  which also includes the Fekola Mine and the adjacent Cardinal Zone, the Bakolobi permit, and the Dandoko permit (subject to completion of the Oklo Resources Ltd. transaction).

Exploration Highlights

  • High grade results from the Mamba Main Zone, including hole BND_108 with 5.89 grams per tonne (g/t) gold over 28.70 m from 455.45 m, hole BND_101 with 3.76 g/t gold over 32.08 m from 299.00 m, and hole BND_104 with 3.33 g/t gold over 14.30 m from 362.70 m, which collectively confirm and extend the continuity of the high grade sulphide mineralisation of the sulphide shoot to over 700 m down plunge, providing a strong indication of the potential for Fekola-style bodies of sulphide mineralisation, which remain open at depth.
  • Strong initial results from the Cobra Zone, located two km east of the Mamba Zone, including hole MSD_227 with 2.02 g/t gold over 25.30 m from 201.70 m, and 6.75 g/t gold over 13.80 m from 244.40 m, confirming the potential for economic grade and width combinations in the sulphide mineralisation. The company believes that the Cobra Zone may extend onto the Bakolobi permit and are currently drilling this extension target.
  • Ongoing drilling by the company on the Anaconda Area to infill and extend the saprolite Mineral Resource area and to follow up on the sulphide mineralisation, including the Mamba and Adder zones as well as several other targets below the saprolite mineralisation, continues to generate positive drill results in both saprolite and sulphide domains and demonstrates strong potential to further increase the updated March 2022 Anaconda Area Mineral Resource estimate.

2022 Mali Exploration Drilling Programme

In 2022, B2Gold is conducting an approximately 161,000 m drill program on the Fekola Complex with a budget of approximately $35 million, including drill programs on the Fekola North deposit to further test the underground mineralisation potential, and on the Anaconda Area, including the Mamba, Adder, Anaconda, Cascabel, Viper, and Cobra zones.

To date in 2022, B2Gold has completed approximately 116,000 m of combined diamond, reverse circulation and aircore drilling on targets near the Fekola Mine and the Anaconda Area. In addition, approximately 9,000 m of drilling has been completed to date on the newly acquired Bakolobi permit.

For further information please visit: https://b2gold.com/

Tags: ExplorationGoldMaliPrecious MetalsTSX:BTOWest Africa
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Colin Sandell-Hay, Contributor - The Assay

Colin Sandell-Hay, Contributor - The Assay

Colin Sandell-Hay is a multi-award-winning mining journalist and investor relations specialist with a major focus on the resources sector. He has 48 years of editorial and public relations experience, with more than 30 of those in business and resources media. His in-depth, technical knowledge was recognized in 2010 when he was presented with the coveted APPEA JN Pierce Award as the leading petroleum journalist in Australia. Colin is currently a freelance news editor and features writer for The Assay.

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