Company Overview - B2Gold is a low-cost international senior gold producer headquartered in Vancouver, Canada, with operating gold mines in Mali, Namibia, and the Philippines, and development projects in Canada, Colombia, and Finland [26] Antelope Deposit Discovery and Development - The Antelope deposit, discovered in 2022, consists of the Springbok Zone, Oryx Zone, and a potential third structure, Impala, with over 36,000 meters drilled into the Springbok Zone to date [2] - The initial Inferred Mineral Resource Estimate for the Springbok Zone is 1.75 million tonnes grading 6.91 g/t gold, totaling 390,000 ounces, meeting the threshold for PEA-level studies [2][3] - Ongoing exploration drilling on the Oryx Zone has returned high-grade intervals, indicating potential to increase the Mineral Resource estimate [2] - Subject to a positive PEA study and permit, mining of the Springbok Zone could contribute to gold production at Otjikoto by 2026, potentially supplementing low-grade stockpile processing through 2031 [2] Exploration and Drilling Program - The 2024 exploration budget for Namibia is $9 million, funding the largest drill program at the Otjikoto Mine since 2012, with 39,000 meters of drilling planned and five rigs currently active [12] - Drilling at the Springbok Zone has intersected high-grade intervals, such as 21.64 g/t gold over 5.88 meters and 13.68 g/t gold over 6.10 meters, indicating mineralization remains open-ended to the southeast [15][20] - The Antelope deposit mineralization has been intersected over a combined strike length of approximately 1,500 meters, with over two kilometers of prospective stratigraphy remaining untested [13] Resource Model and Methodology - The Springbok Zone Mineral Resource model was prepared in-house, with 60 diamond drillholes (32,249 meters) completed in support of the June 2024 estimate [5] - High-grade and low-grade mineralization domains were modeled in three dimensions, with gold grades estimated using Inverse Distance Cubed interpolation [9][10] - The average density is 3.11 t/m3 in the low-grade domain and 3.37 t/m3 in the high-grade domain, based on 4,382 bulk density measurements [6] Future Potential and Strategic Implications - The Springbok Zone's initial Inferred Mineral Resource is a significant milestone, with mineralization characterized by quartz-pyrrhotite-magnetite veins and visible gold, overprinted by deformation along marble beds [14] - The deposit's high-grade gold mineralization exhibits continuity along a shoot-like geometry, suggesting potential for underground mining similar to the Wolfshag deposit [15] - The Antelope deposit's development could enhance B2Gold's production profile, with the potential to increase gold production levels to over 100,000 ounces per year from 2026 through 2031 [2]

The Toronto Stock Exchange and NYSE American LLC neither approve nor disapprove the information contained in this news release. Highlights Initial discovery to commencement of a Preliminary Economic Assessment ("PEA") in under two Notes: Resource Model Methodology All resources at the Springbok Zone are hosted within fresh rock. 2024 Otjikoto Exploration Drilling Program VANCOUVER, British Columbia, June 20, 2024 (GLOBE NEWSWIRE) -- B2Gold Corp. (TSX: BTO, NYSE AMERICAN: BTG, NSX: B2G) ("B2Gold" or the "Com ...

B2Gold Corp. (BTG) has announced the results of a new Preliminary Economic Assessment ("PEA") for its fully owned Gramalote gold project, which indicate its potential to become a medium-scale, low-cost, open pit gold mine. The Gramalote Project boasts significant infrastructure advantages, such as a reliable water supply, proximity to highways that suggest efficient transportation links and access to a skilled labor force. Excellent metallurgical characteristics of the ore, which ensure high recovery rates ...

Highlights characteristics Open pit gold mine with an initial life of mine of 10 years, with mill processing over 12.5 years ("Life of Project") Average grade processed of 1.26 grams per tonne ("g/t") gold over the first five years, benefitting from the processing of the higher-grade core at the Gramalote Project; Life of Project average grade processed of 1.00 g/t gold Life of Project gold production of approximately 2.3 million ounces with an average gold recovery of 95.9% from conventional milling, flota ...

Heading into today, shares of the gold, silver and copper miner had lost 8.19% over the past month, lagging the Basic Materials sector's loss of 3.61% and the S&P 500's gain of 4.15% in that time. Investors should also note any recent changes to analyst estimates for B2Gold. Such recent modifications usually signify the changing landscape of near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the company's business performance and profit potential. With respe ...

In the latest market close, B2Gold (BTG) reached $2.58, with a -1.53% movement compared to the previous day. The stock's performance was behind the S&P 500's daily gain of 0.23%. Meanwhile, the Dow experienced a drop of 0.17%, and the technology-dominated Nasdaq saw an increase of 0.34%. For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $0.27 per share and a revenue of $1.81 billion, representing changes of -3.57% and -6.25%, respectively, from the prior year. The Zacks Ra ...

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2024 Guidance B2Gold is on track to meet its previously announced outlook for 2024. The company expects a total gold production of 860,000-940,000 ounces for 2024, including 40,000-50,000 ounces of attributable production from Calibre. It anticipates total consolidated cash operating costs to be higher in 2024, and between $835 and $895 per gold ounce. The company expects a total consolidated all-in sustaining costs of $1,360-$1,420 per gold ounce. How Have Estimates Been Moving Since Then? It turns out, es ...

Let's take a look at what these Wall Street heavyweights have to say about B2Gold (BTG) before we discuss the reliability of brokerage recommendations and how to use them to your advantage. Of the 13 recommendations that derive the current ABR, nine are Strong Buy and two are Buy. Strong Buy and Buy respectively account for 69.2% and 15.4% of all recommendations. The ABR suggests buying B2Gold, but making an investment decision solely on the basis of this information might not be a good idea. According to s ...

At the Meeting, shareholders are being asked to vote on four items: Shareholders who have questions or need assistance with voting their shares, should contact Laurel Hill Advisory Group, the proxy solicitation agent, by telephone at +1 877-452-7184 (North America – toll free) or +1 416-304-0211 (outside North America), or by email at assistance@laurelhill.com. If you are a non-registered shareholder, you will be able to attend, participate and/or vote at the Meeting online via live webcast only if you duly ...