Last Updated :
25 January 2010 at 16:05 IST
B2Gold announces Nicaraguan assay results
VANCOUVER (Commodity Online): B2Gold Corp. (TSX:BTO) has announced assay results from the Jabali vein trenching program located nine kilometers east of the 100% owned, Orosi Mine in Nicaragua which commenced production in January 2010.
The Jabali vein system is at the east end of a 20 kilometer 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 stock work 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. Additional trenching to test the remainder of the strike length is ongoing.
Nine trenches (JBTR09-01 to JBTR09-09) have tested the western portion of the Jabali vein system over a strike length of 530 metres. The average width of the vein and mineralized stock work 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.
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