B2Gold(US:BTG) Globenewswireยท2025-10-06 12:00Core Viewpoint - B2Gold Corp. has successfully achieved commercial production at the Goose Mine in Nunavut, Canada, marking a significant milestone for the company and its operations in the Back River Gold District [1][5]. Production Details - The Goose Mine reached commercial production on October 2, 2025, based on an internal measure of 30 consecutive days of average mill throughput at 65% or greater of its design capacity of 4,000 tonnes per day (tpd) [2]. - From September 3, 2025, to October 2, 2025, the mill achieved an average throughput of 2,652 tpd, which is 66% of the design capacity [2]. - The integration of a supplemental mobile crusher has significantly increased crushed ore availability, with ore being crushed at a rate of 183 tonnes per hour, equating to 4,385 tpd over a 24-hour period [3]. - During the same period, the mill achieved an average throughput of 3,249 tpd, representing 81.2% of design capacity [3]. Mining Operations - Open pit and underground mining rates at the Umwelt deposit have met or exceeded expectations during the commercial production period [4]. - For the fourth quarter of 2025, mill feed is expected to average between 6.5 and 7.0 grams per tonne of gold, with gold recoveries anticipated to exceed 90% [4]. Future Production Estimates - B2Gold estimates gold production at the Goose Mine to be between 80,000 and 110,000 ounces in 2025, approximately 250,000 ounces in 2026, and around 330,000 ounces in 2027 [5]. - The average annual gold production for the initial six years of operations (2026 to 2031) is projected to be approximately 300,000 ounces per year, based solely on existing Mineral Reserves [5]. Company Overview - B2Gold Corp. is an international senior gold producer headquartered in Vancouver, Canada, with operating mines in Canada, Mali, Namibia, and the Philippines, along with various development and exploration projects [6]. - The company forecasts total gold production of between 970,000 and 1,075,000 ounces in 2025 [6].