Exciting Developments at the Goose Mine
VANCOUVER, British Columbia -- B2Gold Corp. (TSX: BTO, NYSE AMERICAN: BTG, NSX: B2G) is thrilled to share that the Goose Mine has officially achieved commercial production, marking a significant milestone for the company.
Production Milestone and Operations Update
The declaration of commercial production at the Goose Mine came after meeting internal metrics that demonstrated an average mill throughput of 65% capacity over a 30-day period. From September 3 to October 2, the mill operated above expectations, achieving an impressive average throughput of 2,652 tonnes per day (tpd), which reflects 66% of its design capability of 4,000 tpd.
As operations ramped up, the integration of a supplemental mobile crusher substantially increased the availability of crushed ore. From September 19 to October 2, an impressive rate of 183 tonnes per hour was achieved, which translates into an output of 4,385 tpd when extrapolated. During this phase, the mill maintained an average throughput of 3,249 tpd, translating into 81.2% of its design capacity.
Geological Insights and Production Expectations
Mining activities at the Umwelt deposit have driven performance beyond expectations during the commercial production phase. Looking ahead, B2Gold forecasts that mill feed will predominantly come from the Umwelt deposit, with expected grades averaging between 6.5 and 7.0 grams of gold per tonne. This supports projections that gold recoveries will exceed 90%, ensuring robust performance through the fourth quarter.
Leadership Remarks and Future Outlook
Clive Johnson, President and CEO of B2Gold, expressed enthusiasm regarding this significant achievement, stating, "We are proud to announce the Goose Mine has reached commercial production just over three months after our mill operations began. I extend my heartfelt thanks to our dedicated teams and partners, whose unwavering support has been integral to this milestone."
B2Gold continues to express its confidence in the Goose Mine's production capabilities. They anticipate producing between 80,000 to 110,000 ounces of gold in its inaugural year, further ramping up to approximately 250,000 ounces in 2026 and an estimated 330,000 ounces in 2027. With average annual output projected at around 300,000 ounces for the first full six years, the Goose Mine positions itself as a cornerstone of B2Gold’s operations.
About B2Gold Corp.
B2Gold is recognized as a responsible worldwide senior gold producer, headquartered in Vancouver, Canada. Since its inception in 2007, the company has expanded its footprint, currently operating gold mines across various regions including Canada, Mali, Namibia, and the Philippines, alongside multiple development projects. For 2025, B2Gold estimates total gold production between 970,000 and 1,075,000 ounces.
Frequently Asked Questions
What is the Goose Mine?
The Goose Mine is a gold mining operation under B2Gold located within the Back River Gold District.
When did the Goose Mine achieve commercial production?
The Goose Mine achieved commercial production on October 2, 2025, marking a significant milestone for B2Gold.
What are the future production estimates for the Goose Mine?
B2Gold estimates production of 80,000 to 110,000 ounces in 2025, increasing significantly in subsequent years.
How does B2Gold ensure responsible mining practices?
B2Gold is committed to responsible mining practices, focusing on sustainability and community engagement in regions where they operate.
Where does B2Gold operate beyond the Goose Mine?
B2Gold operates mines in Canada, Mali, Namibia, and the Philippines, alongside numerous exploration and development projects worldwide.
