Rupert Resources reports more assays from Pahtavaara project in Finland northernminer.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from northernminer.com Daily Mail and Mail on Sunday newspapers.
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VANCOUVER, January 20, 2021 /PRNewswire/ - B2Gold Corp. (TSX: BTO) (NYSE AMERICAN: BTG) (NSX: B2G) ( B2Gold or the Company ) is pleased to announce its consolidated gold production and gold revenues for the fourth quarter and full-year 2020, in addition to its production and budget guidance for 2021. All dollar figures are in United States dollars unless otherwise indicated.
2020 Gold Production and Revenue Highlights
Fourth quarter total gold production of 270,469 ounces (including 14,150 ounces of attributable production from Calibre Mining Corp. ( Calibre )) and consolidated gold production of 256,319 ounces from the Company s three operating mines
Fourth quarter consolidated gold revenues of $480 million, a significant increase of $166 million (53%) over the fourth quarter of 2019 (excluding revenues from discontinued operations)
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Underground at Rupert Resources Pahtavaara mine. Credit: Rupert Resources.
Since 2019
Rupert Resources (TSXV: RUP) has made six discoveries at its 100%-owned Pahtavaara gold project in Finland’s Central Lapland Greenstone belt – all of them have been under 10-15 metres of glacial till and within a 5 km by 2.5 km area on the property. The junior explorer discovered them using geophysics and base of till sampling and drilling.
The project, which the company acquired in 2016 for about US$2.5 million, contains the permitted Pahtavaara gold mine and mill on a 300 sq. km. land package that sits about 150 km northeast of the town of Rovaniemi and about 50 km from