On Feb. 22, B2Gold announced a positive initial estimate of the inferred mineral resource on Toega mine, its project in Burkina Faso.

According to the estimate, the mine contains 17, 530, 000 tons of inferred 2.01g/t gold. This equals 1.13 million oz. To make the estimates, the company compiled the results on 165 drills totaling 37,776 meters. 

During the drilling, the company intersected new mineralization zones with high-grade minerals. So, it is drilling again to determine the real size of the mineralization zone.

Let’s note that the triple-listed (TSX, NYSE, NSX) company also operates Kiaka project in Burkina Faso, Fekola project (Mali) and Otjikoto project (Namibia).