Other Exploration

Many years of target generation and pursuing opportunities in prospective gold regions has culminated B2Gold allocating a record exploraiton budget for its grassroots exploration programs, including several new regions. The Company has allocated approximately $28 million in 2022 for its grassroots exploration program, which includes several new regions. 

In Finland, the Company has allocated approximately $8 million to the Central Lapland Joint Venture with Aurion Resources Ltd. The joint venture ground lies immediately to the west of Rupert Resources’ Ikkari discovery, comprising similar geology (lithology, structure and alteration), providing a focus area for B2Gold’s current exploration program. Diamond drilling in 2021 has confirmed the presence of mineralization on this structure and will be followed up in 2022, with 11,600 metres planned.

In Uzbekistan, the Company has allocated approximately $6 million to advance exploration on the ground it has acquired in proximity to the world class Muruntau super mine. Multiple targets on structures and lithologies with comparable alteration and geochemical characteristics as Muruntau were identified by mapping, RAB drilling and trenching. Reverse circulation and diamond drilling were carried out on some of these targets in 2021. Some of these targets will be followed up in 2022, as well ongoing drill testing of remaining and new targets. A total of 32,700 metres of diamond and RC drilling has been planned.

Approximately $14 M is budgeted for other greenfield targets currently being pursued. In Côte d'Ivoire, planned work on two newly acquired early-stage permits will leverage off the considerable geological experience gained at Fekola. Other areas include Zimbabwe, Papua New Guinea and Egypt

For a more detailed overview pertaining to the Company's early stage exploration activities, please refer to the following most recent company documents:

  • Click here for B2Gold's Q4 2021 Production & Revenue, and 2022 Guidance news release (dated January 19, 2022)
  • Click here for B2Gold's Q4 2021 Management Discussion & Analysis (dated December 31, 2021)
  • Click here for B2Gold's Q4 2021 Financial Statements (dated December 31, 2021)
  • Click here for B2Gold's 2021 Annual Information Form (dated March 30, 2021)

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