VANCOUVER, BC, March 23, 2022 /PRNewswire/ - B2Gold Corp.
(TSX: BTO) (NYSE AMERICAN: BTG) (NSX: B2G) ("B2Gold" or the
"Company") is pleased to announce an updated and
significantly increased Mineral Resource estimate for the
Anaconda area, comprised of the
Menankoto permit and the Bantako North permit, located
approximately 20 kilometres from the Fekola Mine, including initial
estimates for oxide Indicated Mineral Resources and sulphide
Inferred Mineral Resources. Based on the updated Mineral Resource
estimate and B2Gold's preliminary planning, the Company has
demonstrated that an open pit situated on the Anaconda area could provide selective
saprolite material (average grade of 2.2 grams per tonne
("g/t")) to be trucked to and fed into the Fekola mill
commencing as early as late 2022, subject to obtaining all
necessary permits and completion of a final development plan.
Highlights:
- Updated and significantly increased Mineral Resource estimate
(as at January 11, 2022) constrained
within a conceptual pit shell at a gold price of US$1,800 per ounce includes an initial Indicated
Mineral Resource estimate of 32,400,000 tonnes at 1.08 g/t gold for
a total 1,130,000 ounces of gold, and Inferred Mineral Resource
estimate of 63,700,000 tonnes at 1.12 g/t gold for 2,280,000 ounces
of gold
- The Mineral Resource estimate includes first time reporting of
1,130,000 ounces of Indicated Mineral Resources and an increase of
1,510,000 ounces (196% increase) of Inferred Mineral Resources
since the initial Inferred Mineral Resource estimate in 2017
(21,590,000 tonnes at 1.11 g/t gold, for 767,000 ounces)
- Mineral Resource estimate (as at January
11, 2022) constrained within a conceptual pit shell at a
gold price of US$1,600 per ounce
includes an initial Indicated Mineral Resource estimate of
30,800,000 tonnes at 1.12 g/t gold for a total 1,105,000 ounces of
gold, and Inferred Mineral Resource estimate of 53,610,000 tonnes
at 1.20 g/t gold for 2,075,000 ounces of gold
- Ongoing drilling to infill and extend the saprolite resource
area and to follow up on the sulphide mineralization at the
Anaconda area, including the Mamba
and Adder zones, as well as several other targets below the
saprolite mineralization. The good gold grade and width
combinations at the Anaconda area
continue to provide a strong indication of the potential for
Fekola-style south plunging bodies of sulphide mineralization,
which remains open down plunge below the saprolite
- US$33 million budgeted in 2022 to
fund development of infrastructure for Phase I saprolite mining at
the Anaconda area, including road
construction
Click here to view B2Gold's
West Mali tenements map
Mineral Resource Estimate
(as at January 11, 2022, reported on a 100%
basis)
Indicated Mineral Resources (including US$1,600/oz Au sensitivity case)
|
At US$1,800/oz
Au
|
At US$1,600/oz
Au
|
Domain
|
Tonnes
|
Gold
Grade (g/t
Au)
|
Contained
Gold Ounces
|
Tonnes
|
Gold
Grade (g/t
Au)
|
Contained
Gold Ounces
|
Oxide (includes
Laterite, Saprolite
and Saprock)
|
32,400,000
|
1.08
|
1,130,000
|
30,800,000
|
1.12
|
1,105,000
|
Total Indicated
Mineral
Resources
|
32,400,000
|
1.08
|
1,130,000
|
30,800,000
|
1.12
|
1,105,000
|
Inferred Mineral Resources (including US$1,600/oz Au sensitivity case)
|
At US$1,800/oz
Au
|
At US$1,600/oz
Au
|
Domain
|
Tonnes
|
Gold
Grade (g/t
Au)
|
Contained
Gold Ounces
|
Tonnes
|
Gold
Grade (g/t
Au)
|
Contained
Gold Ounces
|
Oxide (includes
Laterite, Saprolite
and Saprock)
|
19,100,000
|
0.81
|
500,000
|
16,660,000
|
0.86
|
460,000
|
Sulphide
|
44,600,000
|
1.25
|
1,790,000
|
36,950,000
|
1.36
|
1,615,000
|
Total Inferred
Mineral
Resources
|
63,700,000
|
1.12
|
2,280,000
|
53,610,000
|
1.20
|
2,075,000
|
|
Notes:
|
1.
|
The Qualified Person as
defined under National Instrument 43-101 for the Mineral Resource
estimate is Tom Garagan, P.Geo., B2Gold's Senior Vice President,
Exploration.
|
2.
|
Mineral Resources have
been classified using the 2014 CIM Definition Standards. Mineral
Resources that are not Mineral Reserves do not have demonstrated
economic viability.
|
3.
|
Mineral Resources are
reported on a 100% basis. For the Menankoto permit area, B2Gold has
an 85% attributable interest; under the applicable Malian mining
legislation, the State of Mali has a 10% free-carried interest with
an option to acquire an additional 10% participating interest, and
5% is held by a Malian third party. For the Bantako North permit
area, B2Gold has an 80% attributable interest; under the applicable
Malian mining legislation, the State of Mali has a 10% free-carried
interest with an option to acquire an additional 10% participating
interest, and 10% is held by a Malian third party.
|
4.
|
Mineral Resource
estimates for the Anaconda area assume an open-pit mining method.
Pit shells were run using a gold price of US$1,800/oz,
metallurgical recovery of 94%, selling cost of US151.00/ounce
produced which includes royalties, operating cost estimates of
US$0.97-US$2.00/t mined (mining at surface) plus a sinking rate of
US$0.035/10 metres depth, US$8.37-US$13.11/t processed
(processing), US$3.50/t processed (hauling) and US$2.33/t processed
(general and administrative).
|
5.
|
Mineral Resources are
reported at a cut-off of 0.3 g/t gold for oxide material and a
cut-off of 0.4 g/t gold for sulphide
material.
|
6.
|
All tonnage, grade and
contained metal content estimates have been rounded; rounding may
result in apparent summation differences between tonnes, grade, and
contained metal content.
|
Anaconda Area Development
In 2022, the Company has budgeted US$33
million to fund development of infrastructure for Phase I
saprolite mining at the Anaconda
area, including road construction. Based on the updated Mineral
Resource estimate and B2Gold's preliminary planning, the Company
has demonstrated that a pit situated on the Anaconda area could provide selective higher
grade saprolite material (average grade of 2.2 g/t) to be trucked
to and fed into the Fekola mill commencing as early as late 2022 at
a rate of 1.5 million tonnes per annum. Subject to obtaining all
necessary permits and completion of a final development plan, the
trucking of selective higher grade saprolite material to the Fekola
mill would increase the ore processed and annual gold production
from the Fekola mill, with the potential to add an average of
approximately 80,000 to 100,000 ounces per year to the Fekola
mill's annual gold production. The plan to truck the selective
higher grade saprolite material is not included in the Company's
2022 production guidance and the Anaconda area Mineral Resources have not been
included in the current Fekola life of mine plan.
Based on this updated Mineral Resource Estimate and the 2022
exploration drilling results, the Company has commenced a Phase II
scoping study to review the project economics of constructing a
stand-alone mill near the Anaconda
area. Subject to receipt of a positive Phase II scoping study, the
Company expects that the saprolite material would continue to be
trucked to and fed into the Fekola mill during the construction
period for the Anaconda area
stand-alone mill. The two sensitivity cases outlined in Schedule A
demonstrate the upside potential for a possible stand-alone mining
and milling project at the Anaconda area. The first sensitivity case
includes zones within the Anaconda
area reported above a cut-off of 0.6 g/t gold within the pit shell
used for reporting Mineral Resources. The second sensitivity case
includes Mamba and Cascabel zones only reported above a cut-off of
0.6 g/t gold within the pit shell used for reporting Mineral
Resources.
This additional feed from the Anaconda area to the Fekola mill has the
potential to provide immediate value to B2Gold and the State of Mali, B2Gold's partner at the
Anaconda area, and communities
near the project, and create significant long-term benefits for the
Government of Mali as well as
employment opportunities and value generation for the communities
located both near the Menankoto deposit, regionally and
nationally.
Anaconda Area 2021
Exploration Program
In 2021, the Company incurred US$27
million in exploration expenditures in Mali, with approximately US$12.7 million focused on the ongoing
exploration of the Anaconda area
to complete approximately 57,000 metres of combined reverse
circulation and diamond drilling. Drilling focused almost entirely
on the Bantako North portion of the Anaconda area. The 2021 exploration program
combined growth through step out exploration holes with the infill
of previously defined mineralized zones, in preparation for the
updated Mineral Resource estimate for the Anaconda area. Drilling at the Anaconda area commenced in January 2021, with two drill rigs completing
step-out drilling at the Mamba zone. One of the key geological
features of the Mamba zone is the continuity in the high-grade
mineralization through the transition from saprolite- to
sulphide-hosted zones of mineralization and the 2021 continues to
demonstrate this aspect. The 2021 drilling has increased the known
strike extent of the Mamba zone to over 3.2 kilometres.
Expansion of the known saprolite and sulphide resources at each
of the Adder, Cascabel, Viper and Mamba zones was the priority of
the exploration program in 2021. The most significant intersections
are from Adder and Mamba and a table of some selected and
representative results, highlighting the success of the additional
drilling, is presented in the following table.
Target
|
HoleID
|
From
|
To
|
|
Metres
|
Au_gp/t
|
Domain
|
BN_Adder
|
BNR_428
|
54.00
|
86.00
|
|
32.00
|
1.27
|
Saprolite
|
BN_Adder
|
BNR_431
|
17.00
|
45.00
|
|
28.00
|
2.32
|
Saprolite
|
BN_Mamba
|
BND_020
|
132.00
|
174.00
|
|
42.00
|
1.99
|
Sulphide
|
|
Incl
|
155.50
|
174.00
|
|
18.50
|
2.55
|
Sulphide
|
BN_Mamba
|
BNR_319
|
1.00
|
29.00
|
|
28.00
|
1.63
|
Saprolite
|
|
BNR_319
|
96.00
|
132.00
|
|
36.00
|
1.30
|
Sulphide
|
BN_Mamba
|
BNR_322
|
33.00
|
67.00
|
|
34.00
|
1.50
|
Saprolite
|
|
BNR_322
|
73.00
|
128.00
|
|
55.00
|
4.60
|
Saprolite
|
BN_Mamba
|
BNR_337
|
0.00
|
32.00
|
|
32.00
|
1.07
|
Saprolite
|
BN_Mamba
|
BNR_368
|
42.00
|
62.00
|
|
20.00
|
3.92
|
Saprolite
|
BN_Mamba
|
BNR_383
|
16.00
|
32.00
|
|
16.00
|
2.90
|
Saprolite
|
BN_Mamba
|
BNR_478
|
47.00
|
115.00
|
|
68.00
|
0.99
|
Saprolite
|
BN_Mamba
|
BNR_481
|
127.00
|
181.00
|
|
54.00
|
1.22
|
Sulphide
|
BN_Mamba
|
BNR_491
|
6.00
|
20.00
|
|
14.00
|
11.25
|
Saprolite
|
|
BNR_491
|
21.00
|
57.00
|
|
36.00
|
1.55
|
Sulphide
|
BN_Mamba
|
BNR_496
|
7.00
|
20.00
|
|
13.00
|
2.62
|
Saprolite
|
BN_Mamba
|
BNR_534
|
81.00
|
129.00
|
|
48.00
|
2.04
|
Sulphide
|
|
Incl
|
98.00
|
116.00
|
|
18.00
|
4.44
|
Sulphide
|
|
Sulphide composites
are reported above 0.6 g/t gold cut-off; Saprolite composites are
reported above a 0.2 g/t gold cut-off.
|
Additionally, the Company has completed environmental and social
studies to support permitting efforts.
Anaconda Area 2022
Exploration Program
The 2022 Mali exploration program, with a budget of
approximately US$28.4 million, is
currently underway, including approximately US$12 million focused on exploration drilling at
the Anaconda area. In 2022, the
Company will continue drilling to infill and extend the saprolite
resource area and to follow up on the sulphide mineralization at
the Anaconda area, including the
Mamba and Adder zones, and several other targets below the
saprolite mineralization. The good grade and width combinations at
the Anaconda area continue to
provide a strong indication of the potential for Fekola-style south
plunging bodies of sulphide mineralization, which remains open down
plunge. Five drill rigs are currently drilling in the Anaconda area.
In addition to the drill holes outlined above, holes BND_040
(2.1 g/t gold over 23.1 metres, from 252.9 metres) and BND_048
(1.85 g/t gold over 24.8 metres, from 127 metres) are recent
examples of significant sulphide drill results below the limits of
the current Mineral Resource pit and provide excellent potential
for follow up targets for further exploration.
At the Mamba zone, approximately 500 kilograms of sulphide
mineralization drilled in the 2019-2021 drilling campaigns has been
selected for metallurgical recovery and comminution testing.
Samples selected for testwork represent various ranges in grade and
mineralogy across the deposits and were taken from sample
preparation coarse rejects.
Resource Model Methodology
The updated Anaconda area
Mineral Resource models were prepared in-house by B2Gold personnel.
Drilling completed in support of the Mineral Resource estimate
includes 302 diamond drill holes (60,565 metres), 1,435 reverse
circulation holes (178,147 metres) and 2,769 aircore holes (120,524
metres) for a total of 4,506 drill holes (359,236 metres).
Mineralization and weathering domains were modeled in
three-dimensions with mineralization domains used to control
estimation of gold grades. Laterite, saprolite and saprock were
modeled using logged weathering and lithology codes. Mineralization
within the weathered profile is interpreted as an extension to
underlying sulphide mineralization. The main controls on sulphide
mineralization are west-dipping shear zones with an underlying
lithological and alteration component.
Assays were capped by mineralization domain, with capping
ranging from 1.5 g/t to 2.5 g/t gold in the low grade zones, 3.0
g/t to 4.0 g/t gold in the medium grade zones and 12.0 g/t to 27.0
g/t gold in the high-grade zones. Gold grades were capped prior to
compositing to 2 metres. Grades were estimated into the block
models using Ordinary Kriging with searches dynamically controlled
along main mineralization zone directions.
Approximately 15,400 bulk density measurements were made at site
on drill core samples using the Archimedes water-displacement
method. Average densities by weathering type were applied to the
model. Nominal drill hole spacing for saprolite and saprock
Indicated Mineral Resources is aircore drilling at 40 x 40 metres
and reverse circulation or core drilling at 80 x 80 metres, and for
Inferred Mineral Resources drill hole spacing is nominally 80 x 80
metres.
QA/QC on Sample Collection and Assaying
The primary assay laboratory for Bantako North and Menankoto
exploration samples is SGS Laboratories in Bamako, Mali. The Fekola Mine laboratory and
Bureau Veritas laboratories in Abidjan,
Cote d'Ivoire, have served as alternate laboratories. At
each laboratory samples are prepared and analyzed using 50-gram
fire assay with atomic absorption and/or gravimetric finish. Umpire
assaying of exploration samples is conducted on a quarterly basis.
SGS Bamako is accredited under
ISO17025 and is an independent laboratory. The Fekola Mine
laboratory currently holds no accreditations and is not independent
of B2Gold. Bureau Veritas Abidjan laboratory is independent of
B2Gold and is operating to the guidelines of ISO9001 and ISO17025
protocols in accordance with procedures specified within the Bureau
Veritas group.
Quality assurance and quality control procedures include the
systematic insertion of blanks, standards and duplicates in the
sample sequence. The results of the control samples are evaluated
on a regular basis with partial batches re-analyzed and/or
resubmitted on exploration samples, as needed. All results stated
in this announcement have been accepted according to B2Gold's
quality assurance and quality control protocols.
Qualified Person
Tom Garagan, Senior Vice
President of Exploration at B2Gold, a qualified person under
National Instrument 43-101, has reviewed and approved the
information contained in this news release.
About B2Gold Corp.
B2Gold is a low-cost international senior gold producer
headquartered in Vancouver,
Canada. Founded in 2007, today, B2Gold has operating gold
mines in Mali, Namibia and the
Philippines and numerous exploration and development
projects in various countries including Mali, Colombia, Finland and Uzbekistan. B2Gold forecasts total
consolidated gold production of between 990,000 and 1,050,000
ounces in 2022.
On Behalf of B2GOLD CORP.
"Clive T. Johnson"
President & Chief Executive Officer
For more information on B2Gold, please visit the Company website
at www.b2gold.com or contact:
Ian MacLean
|
Katie
Bromley
|
Vice President,
Investor
Relations
|
Manager, Investor
Relations & Public Relations
|
+1
604-681-8371
|
+1
604-681-8371
|
imaclean@b2gold.com
|
kbromley@b2gold.com
|
Schedule A
Sensitivity Cases
Anaconda area, cut-off grade
of 0.6 g/t gold, within Mineral Resource Pit
|
Classification
|
Tonnes
|
Gold
Grade (g/t
Au)
|
Contained
Gold Ounces
|
Oxide (includes
Laterite, Saprolite and Saprock)
|
Indicated
|
18,900,000
|
1.57
|
950,000
|
Total Indicated
Mineral Resources
|
18,900,000
|
1.57
|
950,000
|
|
Oxide (includes
Laterite, Saprolite and Saprock)
|
Inferred
|
8,400,000
|
1.30
|
350,000
|
Sulphide
|
Inferred
|
32,500,000
|
1.53
|
1,600,000
|
Total Inferred
Mineral Resources
|
40,900,000
|
1.48
|
1,950,000
|
Mamba and Cascabel Zones only, cut-off grade of 0.6
g/t gold, within Mineral Resource Pit
|
Classification
|
Tonnes
|
Gold
Grade (g/t
Au)
|
Contained
Gold Ounces
|
Oxide (includes
Laterite, Saprolite and Saprock
|
Indicated
|
5,500,000
|
1.79
|
310,000
|
|
Oxide (includes
Laterite, Saprolite and Saprock
|
Inferred
|
2,700,000
|
1.46
|
130,000
|
Sulphide
|
Inferred
|
21,300,000
|
1.68
|
1,150,000
|
Total Inferred
Mineral Resources
|
24,000,000
|
1.66
|
1,280,000
|
|
Notes:
|
1.
|
The Qualified Person as
defined under National Instrument 43-101 for the Mineral Resource
estimate is Tom Garagan, P.Geo., B2Gold's Senior Vice President,
Exploration.
|
2.
|
Mineral Resources have
been classified using the 2014 CIM Definition Standards. Mineral
Resources that are not Mineral Reserves do not have demonstrated
economic viability.
|
3.
|
Mineral Resources are
reported on a 100% basis. For the Menankoto permit area, B2Gold has
an 85% attributable interest; under the applicable Malian mining
legislation, the State of Mali has a 10% free-carried interest with
an option to acquire an additional 10% participating interest, and
5% is held by a Malian third party. For the Bantako North permit
area, B2Gold has an 80% attributable interest; under the applicable
Malian mining legislation, the State of Mali has a 10% free-carried
interest with an option to acquire an additional 10% participating
interest, and 10% is held by a Malian third party.
|
4.
|
Mineral Resource
estimates for the Anaconda area assume an open-pit mining method.
Pit shells were run using a gold price of US$1,800/oz,
metallurgical recovery of 94%, selling cost of US151.00/ounce
produced which includes royalties, operating cost estimates of
US$0.97-US$2.00/t mined (mining at surface) plus a sinking rate of
US$0.035/10 metres depth, US$8.37-US$13.11/t processed
(processing), US$3.50/t processed (hauling) and US$2.33/t processed
(general and administrative).
|
5.
|
All tonnage, grade and
contained metal content estimates have been rounded; rounding may
result in apparent summation differences between tonnes, grade, and
contained metal content.
|
The Toronto Stock Exchange and NYSE American LLC neither
approve nor disapprove the information contained in this news
release.
Production guidance presented in this news release reflect
total production at the mines B2Gold operates on a 100% project
basis. Please see our Annual Information Form dated March 30, 2021 for a discussion of our ownership
interest in the mines B2Gold operates.
This news release includes certain "forward-looking
information" and "forward-looking statements" (collectively
forward-looking statements") within the meaning of applicable
Canadian and United States
securities legislation, including: projections; outlook; guidance;
forecasts; estimates; and other statements regarding future or
estimated financial and operational performance, gold production
and sales, revenues and cash flows, and capital costs (sustaining
and non-sustaining) and operating costs, and including, without
limitation: total consolidated gold production of between 990,000
and 1,050,000 ounces in 2022 the potential upside to increase
Fekola's gold production in 2022 by trucking material from the
Anaconda area, including the
potential to add approximately 80,000 to 100,000 per year to
Fekola's annual production profile, and for the Anaconda area to provide saprolite material to
feed the Fekola mill starting in late 2022. All statements in this
news release that address events or developments that we expect to
occur in the future are forward-looking statements. Forward-looking
statements are statements that are not historical facts and are
generally, although not always, identified by words such as
"expect", "plan", "anticipate", "project", "target", "potential",
"schedule", "forecast", "budget", "estimate", "intend" or "believe"
and similar expressions or their negative connotations, or that
events or conditions "will", "would", "may", "could", "should" or
"might" occur. All such forward-looking statements are based on the
opinions and estimates of management as of the date such statements
are made.
Forward-looking statements necessarily involve assumptions,
risks and uncertainties, certain of which are beyond B2Gold's
control, including risks associated with or related to: the
duration and extent of the COVID-19 pandemic, the effectiveness of
preventative measures and contingency plans put in place by the
Company to respond to the COVID-19 pandemic, including, but not
limited to, social distancing, a non-essential travel ban, business
continuity plans, and efforts to mitigate supply chain disruptions;
escalation of travel restrictions on people or products and
reductions in the ability of the Company to transport and refine
doré; the volatility of metal prices and B2Gold's common shares;
changes in tax laws; the dangers inherent in exploration,
development and mining activities; the uncertainty of reserve and
resource estimates; not achieving production, cost or other
estimates; actual production, development plans and costs differing
materially from the estimates in B2Gold's feasibility and other
studies; the ability to obtain and maintain any necessary permits,
consents or authorizations required for mining activities;
environmental regulations or hazards and compliance with complex
regulations associated with mining activities; climate change and
climate change regulations; the ability to replace mineral reserves
and identify acquisition opportunities; the unknown liabilities of
companies acquired by B2Gold; the ability to successfully integrate
new acquisitions; fluctuations in exchange rates; the availability
of financing; financing and debt activities, including potential
restrictions imposed on B2Gold's operations as a result thereof and
the ability to generate sufficient cash flows; operations in
foreign and developing countries and the compliance with foreign
laws, including those associated with operations in Mali, Namibia, the Philippine and Colombia and including risks related to
changes in foreign laws and changing policies related to mining and
local ownership requirements or resource nationalization generally,
including in response to the COVID-19 outbreak; remote operations
and the availability of adequate infrastructure; fluctuations in
price and availability of energy and other inputs necessary for
mining operations; shortages or cost increases in necessary
equipment, supplies and labour; regulatory, political and country
risks, including local instability or acts of terrorism and the
effects thereof; the reliance upon contractors, third parties and
joint venture partners; the lack of sole decision-making authority
related to Filminera Resources Corporation, which owns the Masbate
Project; challenges to title or surface rights; the dependence on
key personnel and the ability to attract and retain skilled
personnel; the risk of an uninsurable or uninsured loss; adverse
climate and weather conditions; litigation risk; competition with
other mining companies; community support for B2Gold's operations,
including risks related to strikes and the halting of such
operations from time to time; conflicts with small scale miners;
failures of information systems or information security threats;
the ability to maintain adequate internal controls over financial
reporting as required by law, including Section 404 of the
Sarbanes-Oxley Act; compliance with anti-corruption laws, and
sanctions or other similar measures; social media and B2Gold's
reputation; risks affecting Calibre having an impact on the value
of the Company's investment in Calibre, and potential dilution of
our equity interest in Calibre; as well as other factors identified
and as described in more detail under the heading "Risk Factors" in
B2Gold's most recent Annual Information Form, B2Gold's current Form
40-F Annual Report and B2Gold's other filings with Canadian
securities regulators and the U.S. Securities and Exchange
Commission (the "SEC"), which may be viewed at www.sedar.com and
www.sec.gov, respectively (the "Websites"). The list is not
exhaustive of the factors that may affect B2Gold's forward-looking
statements.
B2Gold's forward-looking statements are based on the
applicable assumptions and factors management considers reasonable
as of the date hereof, based on the information available to
management at such time. These assumptions and factors include, but
are not limited to, assumptions and factors related to B2Gold's
ability to carry on current and future operations, including: the
duration and effects of COVID-19 on our operations and workforce;
development and exploration activities; the timing, extent,
duration and economic viability of such operations, including any
mineral resources or reserves identified thereby; the accuracy and
reliability of estimates, projections, forecasts, studies and
assessments; B2Gold's ability to meet or achieve estimates,
projections and forecasts; the availability and cost of inputs; the
price and market for outputs, including gold; foreign exchange
rates; taxation levels; the timely receipt of necessary approvals
or permits; the ability to meet current and future obligations; the
ability to obtain timely financing on reasonable terms when
required; the current and future social, economic and political
conditions; and other assumptions and factors generally associated
with the mining industry.
B2Gold's forward-looking statements are based on the opinions
and estimates of management and reflect their current expectations
regarding future events and operating performance and speak only as
of the date hereof. B2Gold does not assume any obligation to update
forward-looking statements if circumstances or management's
beliefs, expectations or opinions should change other than as
required by applicable law. There can be no assurance that
forward-looking statements will prove to be accurate, and actual
results, performance or achievements could differ materially from
those expressed in, or implied by, these forward-looking
statements. Accordingly, no assurance can be given that any events
anticipated by the forward-looking statements will transpire or
occur, or if any of them do, what benefits or liabilities B2Gold
will derive therefrom. For the reasons set forth above, undue
reliance should not be placed on forward-looking
statements.
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SOURCE B2Gold Corp.