B2Gold (TSE:BTO) has released an update.
B2Gold Corp. has announced the discovery of an initial Inferred Mineral Resource Estimate of 390,000 ounces of gold at the Springbok Zone, part of the Antelope deposit near their Otjikoto Mine in Namibia. This estimate, derived from extensive drilling and testing, has led the company to begin Preliminary Economic Assessment studies for potential underground mining operations. With positive future assessments and permits, the Springbok Zone could enhance Otjikoto’s gold production by 2026.
For further insights into TSE:BTO stock, check out TipRanks’ Stock Analysis page.