25 March 2026
VANCOUVER, British Columbia, March 25, 2026 (GLOBE NEWSWIRE) -- B2Gold Corp. (TSX: BTO, NYSE AMERICAN: BTG, NSX: B2G) (“B2Gold” or the “Company”) is pleased to announce positive exploration drilling results from the 2025 Back River Gold District exploration program in Nunavut, Canada. Results of the drilling program confirm the significant resource potential of the Back River Gold District, increase deposit knowledge, and support resource reclassification and overall mine planning. All dollar figures are in United States dollars unless otherwise indicated.
Back River Gold District Exploration Highlights
Results from infill drilling at the Goose Mine Llama deposit confirm the continuity of high-grade gold mineralization is sufficient to upgrade portions of the resource previously classified as Inferred. Highlight intersections include:
Drill hole 25GSE-702 returned 41.95 grams per tonne (“g/t”) gold over 13.70 meters (“m”) from 218.25 m;
Drill hole 25GSE-715Z1 returned 17.95 g/t gold over 38.20 m from 501.10 m;
Drill hole 25GSE-715Z3 returned 10.16 g/t gold over 19.50 m from 490.60 m;
Drill hole 25GSE-720Z1 returned 19.74 g/t gold over 18.80 m from 513.60 m;
Drill hole 25GSE-721Z2 returned 13.30 g/t gold over 21.85 m from 470.60 m;
Drill hole 25GSE-736Z2 returned 12.35 g/t gold over 7.90 m from 413.33 m;
Mining operations are currently ongoing at the Umwelt deposit (both open pit and underground), with Llama scheduled as the next deposit to be mined in the current Goose Mine life of mine plan;
The existing Indicated Mineral Resource estimate at Llama is 3.04 million tonnes grading 7.72 g/t gold for a total of 760,000 ounces of gold; and
The existing Inferred Mineral Resource estimate at Llama is 1.79 million tonnes grading 11.00 g/t gold for a total of 637,000 ounces of gold.
Exploration drilling at the Nuvuyak deposit continued to intersect high-grade mineralization 1,000 m west and down plunge of the Goose Main deposit. Highlights include:
Drill hole 25GSE700Z2 returned 6.65 g/t gold over 27.28 m from 1,017.05 m;
This result demonstrates the continuity of high-grade zones within the Nuvuyak deposit by extending high-grade gold mineralization approximately 150 m to the north-northwest;
These exploration results demonstrate the potential to further extend the mine life at the Goose Mine through the potential addition of the Nuvuyak deposit to the existing life of mine plan;
Mining at Nuvuyak is not currently contemplated in the current Goose Mine life of mine plan, but remains a high-priority target based on drilling to date; and
The existing Inferred Mineral Resource estimate at Nuvuyak is 2.63 million tonnes grading 8.26 g/t gold for a total of 700,000 ounces of gold.