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B2Gold finds more high-grade gold in Nicaragua at its La Libertad property. Environmental studies and test work launched

Friday, September 16, 2011

Canada's B2Gold said high-grade gold zone at Jabalí in its La Libertad property has increased and it has started environmental studies and metallurgical test work.

The gold producer plans to start mining the Jabalí mine in Nicaragua by late-2011. B2Gold expects full-year production from La Libertad to be 93,000-99,000 ounces of gold.

Based on these results, the company raised the 2011 exploration budget for La Libertad to $8.75 million.

Original source: Reuters