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#B2Gold Projected to Boost Production with Updated Life-of-Mine Plan and Exploration Success at Goose Project,

  • On March 27, 2025, B2Gold Corp. Announced the results of a technical report, effective December 31, 2024, regarding the Goose Project within the Back River Gold District in Nunavut, Canada.
  • The report updates the life of mine plan for the Goose Project based on an updated Mineral Reserve estimate and highlights the potential for increased gold production and mine life through exploration and optimization studies.
  • The Goose Project is progressing on schedule with construction underway, targeting first gold pour in the second quarter of 2025 and commercial production in the third quarter of 2025, with projected gold production between 120,000 and 150,000 ounces in 2025.
  • The updated Mineral Reserve estimate includes Probable Mineral Reserves of 11.3 million tonnes grading 6.82 g/t gold, containing 2,480,000 ounces of gold, and the long-term gold price assumption used in the report is $2,212 per ounce.
  • B2Gold is conducting optimization studies, including evaluating a SAG mill and increased mill throughput up to 6,000 tpd, with results expected in late 2025 or early 2026, aiming to enhance long-term value and potentially increase average annual gold production while reducing AISC.
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B2Gold Announces Updated Mineral Reserve Life of Mine Plan for the Goose Project; Commencing a Study to Expand Mill Throughput at the Goose Project; B2Gold Confirms Construction and Mine Development Cash Expenditure Estimate of C$1,540 million

VANCOUVER, British Columbia, March 27, 2025 (GLOBE NEWSWIRE) -- B2Gold Corp. (TSX: BTO, NYSE AMERICAN: BTG, NSX: B2G) (“B2Gold” or the “Company”) is...

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Mississauga News broke the news in Mississauga, Canada on Thursday, March 27, 2025.
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