Trident Royalties PLC


Dandoko Gold Royalty

Trident owns a 1% NSR royalty over B2 Gold Corp.’s Dandoko Gold License located in Western Mali.

Dandoko Gold Royalty

The Dandoko deposit is an advanced stage exploration project located in western Mail, which was acquired by B2Gold in September 2022 in a combined cash and equity deal valuing Oklo Resources at A$91.3 million. At the time of the acquisition, B2Gold noted that the Oklo acquisition is expected to provide B2Gold with an additional landholding of 1,405 km2 covering highly prospective greenstone belts in Mali, West Africa, including the flagship Dandoko Project. B2Gold also noted it believes approximately 65% of the resource is contained in soft oxidized material, which would be amenable to processing at its Fekola mill located 25 km from Dandoko.

Fekola is B2Gold’s large asset with annual production in excess of 500,000oz per year.

December 2023

Recent news

An updated technical study incorporating material from Dandoko into Fekola was completed including a Maiden Reserve estimate for Dandoko of 2.2Mt grading 3.22 gpt gold.

B2Gold anticipates the construction of a haul road from Dandoko to Fekola to allow for trucking of material from Dandoko to be processed at the Fekola Mill. The construction of a community road to the Dandoko area has commenced, with the mining haul road expected to be constructed in 2025. In the report, B2Gold highlighted the potential for further exploration upside at various targets within the Dandoko license.

June 2023

Recent news

B2Gold completed a study confirming the potential for near-term production by trucking saprolite material from Dandoko to Fekola. The company budgeted US$79M to facilitate Phase 1 saprolite mining from the Anaconda and Dandoko areas. Of the budgeted US$79M, US$16M has been allocated for haul road construction to Fekola.

B2Gold is also currently advancing an engineering study of the Fekola Regional Development Plan to assess the potential for a new, standalone 4Mtpy processing facility located at Anaconda, with Resources from Anaconda and Dandoko forming the basis for the engineering study. Fulfilment of this plan will permit more substantial production in the medium term.

OperatorB2Gold Corp
Mine TypeOpen Pit

Location Map

Mineral Reserve Statement

Measured & Indicated7.95Mt @ 1.55gpt Au
Inferred1.33Mt @ 0.79gpt Au
Total9.28Mt @ 1.44gpt Au

Source: Capital IQ