B2Gold Corp.

Published : January 22nd, 2010

Exploration Results Near the Orosi Mine, Nicaragua

( 0 vote, 0/5 ) Print article
  Article Comments Comment this article Rating Follow Company  
0
Send
0
comment

News Release

B2Gold Announces Exploration Results Near the Orosi Mine, Nicaragua

Vancouver, January 21 , 2010 - B2Gold Corp. (TSX: BTO) ("B2Gold" or the "Company"), is pleased to announce  assay results from the Jabali vein trenching program located nine kilometers east of the 100% owned, Orosi Mine in Nicaragua.  The Orosi Mine commenced production in January 2010.

The Jabali vein system is at the east end of a 20 kilometre long belt of gold bearing veins on the Orosi property.  Jabali is an east-west trending, low sulphidation epithermal quartz vein system which was mined for its high grade ore from 1862 to 1956. It has been traced over a distance of 6.2 kilometres. 11 trenches testing the remaining quartz vein stockwork system at surface have been completed over two areas along two kilometres of the strike of the system. Highlights from the trenching include trench JBTR09-05 which intersected 13.4 metres grading 3.90 g/t gold and trench JBTR09-11 which intersected 15.60 metres grading 2.78 g/t gold. Trench JBTR09-10 cut 18 metres of 11.04 g/t gold within historical mine dump colluvium (derived from local historic mining). Additional trenching to test the remainder of the strike length is ongoing.

The western portion of the Jabali vein system has been tested by nine trenches (JBTR09-01 to JBTR09-09) over a strike length of 530 metres. The average width of the vein and mineralized stockwork is 20 to 45 metres. The western portion of the Jabali vein system is open on strike in both directions.

In addition, two trenches have been completed on the central portion of the Jabali vein system located 1.5 kilometres east of the western trenches.  The two trenches have tested a strike length of 125 metres with additional trenches underway. The average width of the central portion of the Jabali vein system is 13 metres and the zone is open in both directions along the east-west strike and to the north.

Complete assays are available for the first ten trenches and partial results are available for trench JBTR09-11. Highlights of the trenching results are as follows:

TRENCH

From

To

Metres

g/t Gold

g/t Silver

Comments

JBTR09-01

10.20

21.90

11.70

3.16

7.26

Quartz vein & stockwork

JBTR09-02-A

6.40

10.50

4.10

2.52

10.57

Quartz vein & stockwork

JBTR09-02-A

15.50

18.50

3.00

1.74

30.42

Quartz vein & stockwork

JBTR09-03-B

10.50

12.40

1.90

4.85

17.70

Mine fill

JBTR09-04

1.00

22.35

21.35

2.47

39.74

Quartz vein & stockwork with 33% mine fill

JBTR09-05

3.50

5.50

2.00

46.70

73.10

Mine dump colluvium

JBTR09-05

40.40

53.80

13.40

3.90

25.09

Quartz vein stockwork with 7% mine fill

JBTR09-05

53.80

62.30

8.60

1.18

22.62

Mine dump colluvium

JBTR09-06

0.00

5.00

5.00

2.18

14.23

Mine dump colluvium

JBTR09-06

21.85

32.10

10.25

1.83

32.17

Quartz vein & stockwork

JBTR09-07

15.70

27.00

11.30

1.73

38.61

Mine dump colluvium 72%, quartz vein 28%

JBTR09-08

2.30

16.80

14.50

1.45

31.63

Quartz vein & stockwork with 10% mine fill

JBTR09-10

0.00

18.00

18.00

11.04

6.78

Mine dump colluvium

JBTR09-10

32.50

40.50

8.00

2.41

2.71

Quartz vein & stockwork

JBTR09-11

0.00

6.00

6.00

2.52

4.97

Mine dump colluvium, assays pending to south

JBTR09-11

17.35

30.75

13.40

3.54

7.76

Mine dump colluvium, assays pending to north

JBTR09-11

30.75

46.35

15.60

2.78

8.10

Quartz vein & stockwork with 30% mine fill

In 2010, the Company plans to develop and test drill targets along the Jabali vein system as well as other high priority veins surrounding the Orosi Mine.  The company believes the Jabali area has the potential for both high grade underground, and low grade open pittable targets. Most of the near surface high grade vein material exposed in trenching was historically partially mined, but remain open to depth. In addition the trenching indicates that the lower grade veins and stockwork zones are un-mined.

The trenching program at the Jabali vein deposit is reviewed and the results approved by Tom Garagan,
B2Gold's Qualified Person under National Instrument 43-101. The Jabali trenching program utilizes extensive QA/QC (quality assurance and quality control) protocols for assaying and sample handling that consist of the systematic insertion of blanks, standards and duplicates as well as using a secondary laboratory for regular check assaying. The trenches are dug with an excavator and continuous panel samples are collected from the walls. The samples are placed in sealed bags and brought to the Orosi Mine preparation laboratory where they are dried, crushed and pulverized. Pulp samples are then shipped directly to ALS Chemex Labs in Vancouver, British Columbia, Canada for gold and silver fire assay. Check assays are sent out on a quarterly basis to Acme Laboratories in Vancouver.

About B2Gold

B2Gold Corp. is a Vancouver based gold producer with two mines in Nicaragua and a strong portfolio of development and exploration assets in Nicaragua, Colombia, Costa Rica and Far East Russia.

In addition to its near term production growth profile, B2Gold's corporate objective is to build further shareholder value through the exploration and development of existing projects and additional accretive acquisitions, capitalizing on the extensive experience and relationships that management has developed over the past 25 years. B2Gold trades on the Toronto Stock Exchange under the symbol "BTO".

On Behalf of B2GOLD CORP.  
"Clive T. Johnson"
President and Chief Executive Officer

For more information on B2Gold please visit the Company web site at www.b2gold.com or contact:

Ian MacLean
Vice President, Investor Relations
604-681-8371
investor@b2gold.com

Kerry Suffolk
Manager, Investor Relations
604-681-8371
investor@b2gold.com

 
  

The Toronto Stock Exchange neither approves nor disapproves the information contained in this News Release. 

The securities described herein have not been and will not be registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.

Some of the statements contained in this release are forward-looking statements, such as estimates and statements that describe the Company's future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties. Actual results in each case could differ materially from those currently anticipated in such statements.

Data and Statistics for these countries : Canada | Colombia | Costa Rica | Nicaragua | Russia | All
Gold and Silver Prices for these countries : Canada | Colombia | Costa Rica | Nicaragua | Russia | All

B2Gold Corp.

PRODUCER
CODE : BTO.TO
ISIN : CA11777Q2099
Follow and Invest
Add to watch list Add to your portfolio Add or edit a note
Add Alert Add to Watchlists Add to Portfolio Add Note
ProfileMarket
Indicators
VALUE :
Projects & res.
Press
releases
Annual
report
RISK :
Asset profile
Contact Cpy

B2Gold is a gold producing company based in Canada.

Its main assets in production are LIMON and LIBERTAD MINE in Nicaragua, its main assets in development are OROSI in Nicaragua and GRAMALOTE in Colombia and its main exploration properties are MOCOA and QUEBRADONA in Colombia, SAN PEDRO, CALIBRE, TREBOL, EL PAVON and MESTIZA-LA INDIA in Nicaragua, BELLAVISTA in Costa Rica and CEBOLLATI in Uruguay.

B2Gold is listed in Canada and in United States of America. Its market capitalisation is CA$ 3.8 billions as of today (US$ 3.1 billions, € 2.7 billions).

Its stock quote reached its lowest recent point on October 24, 2008 at CA$ 0.30, and its highest recent level on August 07, 2020 at CA$ 9.99.

B2Gold has 973 449 984 shares outstanding.

Your feedback is appreciated, please leave a comment or rate this article.
Rate : Average note :0 (0 vote) View Top rated
 
In the News and Medias of B2Gold Corp.
5/24/2019B2Gold said to be in talks to buy Zimbabwe gold project
3/27/2019B2Gold goes ahead with $50 million expansion of Fekola mine
12/24/2014One employee shot dead at B2Gold Masbate project in the Phil...
Annual reports of B2Gold Corp.
2008 Annual report
Financials of B2Gold Corp.
4/1/2011Record Fourth Quarter and 2010 Financial Results
1/29/2011Reports on Fourth Quarter 2010 Gold Production ...
1/29/2011Reports on Fourth Quarter 2010 Gold Production ...
1/29/2011Reports on Fourth Quarter 2010 Gold Production ...
Project news of B2Gold Corp.
10/14/2015B2Gold says to restart operations at Nicaragua mine
10/7/2015Policeman dies amid labor dispute at Nicaragua gold mine
2/18/2014(Calibre)Calibre and B2Gold Initiate Trenching Program on the Minneso...
10/7/2013(Calibre)Calibre and B2Gold Sampling Expands Mineralized Zone at the ...
9/10/2013(Calibre)Calibre Mining and B2Gold Sign Definitive Joint Venture Agre...
1/29/2013Completes Earn Into 51% and Approves Initial $2.0 Million Ph...
2/22/2012(Trebol)Radius & B2Gold Provide Trebol Update: Strong Gold-in-Soil A...
9/19/2011(Gramalote)Gramalote Exploration and Prefeasibility Update
9/16/2011(Cebollati)Cebollati Exploration Results
9/15/2011(Libertad Mine)La Libertad Exploration Results
1/22/2010(Orosi)Exploration Results Near the Orosi Mine, Nicaragua
1/19/2010(Kupol)Kupol West Drill Results Confirm the Presence of Multiple Go...
11/16/2009(Limon)The Limon Mine Labour Dispute Has Been Resolved and the Min...
1/26/2009(Gramalote)Announces an Updated Resource Calculation for the Gramalote ...
1/20/2009(Mocoa)Announces Positive Results from the Diamond Drill Program at...
1/12/2009(Gramalote)Announces Continued Positive Exploration Drill Results from ...
12/18/2008(Quebradona)Announces Additional Positive Exploration Drill Results from...
9/4/2008(Gramalote)Announces a New Gold Discovery at the Gramalote Property in ...
8/5/2008(Quebradona)Announces Continued Positive Exploration Drill Results . . .
7/3/2008(Mocoa)Announces Commencement of Diamond Drill Program at the Moco...
5/28/2008(Quebradona)Announces Positive Stage One Exploration Drill Results From ...
Corporate news of B2Gold Corp.
7/29/2016B2Gold Corp.: Second Quarter and First-Half 2016 Results/Con...
7/29/2016ASX Quarterly Report - June 2016
7/13/2016B2Gold Corp. Achieves Record Second Quarter and First-Half 2...
6/29/2016B2Gold 2016 Exploration Update: West Africa
6/15/2016B2Gold Corp. Announces Results of Vote for Election of Board...
6/9/2016B2Gold Corp.: Notice of 2016 Annual General Meeting - Confer...
5/12/2016B2Gold Corp. Reports First Quarter Results 2016
4/28/2016B2Gold Corp. Reports Quarterly Gold Production for First Qua...
1/22/2016B2Gold Corp. Announces Casualty at the Otjikoto Mine
1/20/2016B2Gold 2015 Exploration Update: High Grade Step Out and Infi...
1/19/2016B2Gold Corp. Announces Filing of Final Base Shelf Prospectus
1/19/2016B2Gold Corp. Reports Record Fourth Quarter and Full-Year 201...
1/14/2016B2Gold Corp. Reports Record Fourth Quarter and Full-Year 201...
12/14/2015B2Gold Corp. Announces Filing of Preliminary Base Shelf Pros...
12/14/2015Ground-Breaking of B2Gold Corp.'s Fekola Project, Mali
10/21/2015Wednesday, October 21, 2015B2Gold Corp. Achieves Record Thir...
10/21/2015B2Gold Corp. Achieves Record Third Quarter and Year-to-Date ...
10/19/2015Edited Transcript of BTO.TO earnings conference call or pres...
10/13/2015Nicaraguan government denies permit to B2Gold mining project
10/7/2015Wednesday, October 7, 2015B2Gold Corp.: El Limon Mine Update...
10/5/2015Monday, October 5, 2015B2Gold Corp.: El Limon Mine Update do...
10/5/2015B2Gold Corp.: El Limon Mine Update
9/11/2015S&P Dow Jones Indices Announces Changes to the S&P/TSX Canad...
8/13/2015B2Gold reports 2Q loss
8/13/2015Thursday, August 13, 2015B2Gold Reports Second Quarter 2015 ...
8/13/2015B2Gold Reports Second Quarter 2015 Results
8/11/2015B2Gold Corp.: Second Quarter Results Conference Call
7/25/2015Saturday, July 25, 2015B2Gold Announces Filing of Technical ...
7/24/2015B2Gold Announces Filing of Technical Report on the Fekola Pr...
7/23/2015Thursday, July 23, 2015B2Gold Corp. Achieves Record Second Q...
7/23/2015B2Gold Corp. Achieves Record Second Quarter and First-Half 2...
7/17/2015Friday, July 17, 2015B2Gold Corp. Announces Results of Vote ...
7/17/2015B2Gold Corp. Announces Results of Vote for Election of Board...
4/15/2015Wednesday, April 15, 2015B2Gold Corp. Reports Record Quarter...
4/15/2015B2Gold Corp. Reports Record Quarterly Gold Production for Fi...
4/15/2015Reports Record Quarterly Gold Production for First Quarter 2...
3/16/2015CANADA STOCKS-TSX set to open higher
3/13/2015Friday, March 13, 2015B2Gold Corp. Achieved Record 2014 Quar...
3/13/2015B2Gold Corp. Achieved Record 2014 Quarterly/Full Year Produc...
3/10/2015Tuesday, March 10, 2015B2Gold Corp. Announces Commercial Gol...
3/10/2015B2Gold Corp. Announces Commercial Gold Production Ahead of S...
2/19/2015B2Gold Corp.: Fourth Quarter and Year End 2014 Results Confe...
1/21/2015B2Gold Corp. Achieves Record 2014 Fourth Quarter and Full-Ye...
1/20/2015B2Gold Announces Updated Higher Grade Gold Resource at Wolfs...
12/23/2014Tuesday, December 23, 2014Fourth Quarter Update at B2Gold Co...
12/23/2014Fourth Quarter Update at B2Gold Corp.'s Masbate Gold Mine
12/11/2014Thursday, December 11, 2014B2Gold Announces First Gold Pour ...
12/11/2014B2Gold Announces First Gold Pour at Otjikoto Ahead of Schedu...
12/9/2014Tuesday, December 9, 2014B2Gold Corp.: Masbate Mine Operatin...
12/9/2014B2Gold Corp.: Masbate Mine Operating Normally Following Typh...
11/14/2014B2Gold Reports 2014 Third Quarter Operational and Financial ...
10/28/2014B2Gold Reports 2014 Third Quarter Gold Production and Revenu...
10/24/2014Friday, October 24, 2014B2Gold Corp.: Third Quarter 2014 Res...
10/24/2014B2Gold Corp.: Third Quarter 2014 Results Conference Call
10/3/2014B2Gold Corp. and Papillon Resources Limited Complete Merger
9/22/2014B2Gold Corp.: Scheme of Arrangement Receives Final Court App...
9/12/2014B2Gold Corp. Shareholders Overwhelmingly Approve the Merger ...
8/15/2012Latest Research - Delivering another solid quarter
4/26/2012(Calibre)Calibre and B2Gold Advance the Minnesota Gold-Copper Project...
4/9/2012(Trebol)Joint News Release B2Gold Corp. Acquires Trebol and Pavon Pr...
5/4/2011Reports First Quarter 2011 Gold Production, Provides Explora...
7/26/2010Sells Interest in Kupol East and West Licenses in Russia to ...
6/21/2010Additional Positive Exploration Results ...
6/15/2010Annual General and Special Meeting Conference Call and Webca...
5/11/2010Corporate Update
8/5/2009Announces Exercise of Over-Allotment Option
7/22/2009Completes $25 Million Common Share Offering
5/20/2009May 19-09
2/9/2009Feb 9
1/27/2009Proposes a Superior Business Combination to Central Sun
7/16/2008Issue of Shares
Comments closed
 
Latest comment posted for this article
Be the first to comment
Add your comment
TORONTO (BTO.TO)NYSE (BTG)
3.93-3.20%2.85-4.36%
TORONTO
CA$ 3.93
09/26 17:00 -0.130
-3.2%
Prev close Open
4.06 4.08
Low High
3.86 4.12
Year l/h YTD var.
3.87 -  6.25 -18.80%
52 week l/h 52 week var.
3.87 -  6.25 -13.82%
Volume 1 month var.
4,475,063 -7.09%
24hGold TrendPower© : 40
Produces Gold
Develops Gold
Explores for Copper - Gold - Molybdenum - Silver
 
 
 
Analyse
Interactive chart Add to compare
Interactive
chart
Print Compare Export
Last updated on : 11/20/2010
You must be logged in to use the porfolio and watchlists (free)
Top Newsreleases
MOST READ
Annual variation
DateVariationHighLow
2022-33.95%
2021-16.55%7.675.25
202040.91%9.993.12
201928.43%5.363.24
20181.55%4.062.79
 
5 years chart
 
3 months chart
 
3 months volume chart
 
 
Mining Company News
Plymouth Minerals LTDPLH.AX
Plymouth Minerals Intersects Further High Grade Potash in Drilling at Banio Potash Project - Plannin
AU$ 0.12-8.00%Trend Power :
Santos(Ngas-Oil)STO.AX
announces expected non-cash impairment
AU$ 7.42-4.26%Trend Power :
Oceana Gold(Au)OGC.AX
RELEASES NEW TECHNICAL REPORT FOR THE HAILE GOLD MINE
AU$ 2.20+0.00%Trend Power :
Western Areas NL(Au-Ni-Pl)WSA.AX
Advance Notice - Full Year Results Conference Call
AU$ 3.86+0.00%Trend Power :
Canadian Zinc(Ag-Au-Cu)CZN.TO
Reports Financial Results for Q2 and Provides Project Updates
CA$ 0.12+4.55%Trend Power :
Stornoway Diamond(Gems-Au-Ur)SWY.TO
Second Quarter Results
CA$ 0.02+100.00%Trend Power :
McEwen Mining(Cu-Le-Zn)MUX
TO ACQUIRE BLACK FOX FROM PRIMERO=C2=A0
US$ 2.98-9.15%Trend Power :
Rentech(Coal-Ngas)RTK
Rentech Announces Results for Second Quarter 2017
US$ 0.20-12.28%Trend Power :
KEFIKEFI.L
Reduced Funding Requirement
GBX 0.57-5.13%Trend Power :
Lupaka Gold Corp.LPK.V
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement
CA$ 0.10-9.09%Trend Power :
Imperial(Ag-Au-Cu)III.TO
Closes Bridge Loan Financing
CA$ 1.89-11.27%Trend Power :
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
CA$ 1.84+0.00%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
CA$ 6.28-2.48%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
CA$ 0.24-7.69%Trend Power :
Havilah(Cu-Le-Zn)HAV.AX
Q A April 2017 Quarterly Report
AU$ 0.32+0.00%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
US$ 6.80-2.86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
CA$ 1.94-0.51%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
US$ 55.18-4.35%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
CA$ 8.66-0.35%Trend Power :
Terramin(Ag-Au-Cu)TZN.AX
2nd Quarter Report
AU$ 0.04+0.00%Trend Power :