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B2Gold Corp T.BTO

Alternate Symbol(s):  BTG

Metals & Mining Gold
B2Gold Corp. is an international gold producer. The Company has operating gold mines in Mali, Namibia and the Philippines, the Goose Project under construction in northern Canada, and numerous development and exploration projects in various countries, including Mali, Colombia, and Finland. The Fekola Mine is located in southwest Mali, on the border between Mali and Senegal, approximately 500 kilometers due west of the capital city, Bamako. The Masbate Mine is located approximately 360 kilometers southeast of Manila. The Otjikoto Mine is located in the north-central part of Namibia, approximately 300 kilometers north of Windhoek and is a gold producer. The Company also owns the Gramalote Project in Colombia. It also has an interest in the Back River Gold District, which is located in Nunavut, Canada. The Back River Gold District consists of approximately five mineral claims blocks along an 80-kilometer belt. It is engaged in operating Goose Project, which is located in Nunavut, Canada.


TSX:BTO - Post by User

B2Gold Corp
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Post by evilknievalon Apr 13, 2011 5:34am
647 Views
Post# 18423128

Great news for BTO @ La India

Great news for BTO @ La IndiaThere partner at La India project has released TWO NR's today...

1. The resource has been determined by SRK to be >1m oz with 290k in Indicated and the rest Inferred

2. Macquarie Bank have subscribed to a $5m non-brokered placement to fund 'accelerated more aggressive' drilling programme on La India.

The current 1m oz resource is based on 13,500m drilling

Condor are currently engaged in drilling another 6500m as we speak with two drill rigs.

This extra $5m could support a 30,000m additional drilling campaign !

Condor have stated they now expect the resource to be 2m oz + !

BTO's share as 20% partner would be 400k oz

Also bear in mind BTO swapped La India project with Condor's Cerro Quiroz project next door to BTO's La Libertad/Santa Domingo mine/concessions... so does Cerro Quiroz have 2m+ oz ?

https://www.condorresourcesplc.com/la_libertad.asp
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