Saturday , July 13 2024

B2Gold Strikes Gold in Namibia: Springbok Zone Poised to Boost Otjikoto Mine

Canadian miner B2Gold Corp. has unearthed a glittering opportunity in Namibia’s soil. The company announced the discovery of an estimated 390,000 ounces of gold at the Springbok Zone, located near their Otjikoto Mine. This windfall, unearthed through extensive drilling and testing, has B2Gold wasting no time. Preliminary Economic Assessment (PEA) studies are already underway to assess the feasibility of underground mining operations at Springbok.

The discovery is not just promising, it’s potentially transformative. If future assessments and permitting go smoothly, the Springbok Zone could be pumping gold into Otjikoto’s production stream by 2026. This exciting development has the potential to significantly bolster Otjikoto’s output, solidifying its position as a key contributor to Namibia’s gold production.

B2Gold’s swift action on PEA studies demonstrates their confidence in the Springbok Zone’s potential. This proactive approach could see Namibia’s economic landscape further enriched by the responsibly sourced gold the mine produces.

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