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28 September 2026

B2Gold Provides Operations Update for the Goose Mine and Announces Drill Results at the Back River Gold District

Goose Mine Operations Highlights

  • New mobile crushing plant commissioned in August 2026.
  • Mobile crushing exceeded an average of 3,000 tonnes per day (“tpd“) of ore from mid-August, in-line with plan.
  • Fixed plant crushing throughput is expected to reach a sustained average of 3,200 tpd beginning in October 2026 following completion of planned work on the fixed crushing plant, including Phase 1 upgrades and repairs related to the fire damage.
  • Goose Mine is on track to achieve annual production guidance of 170,000 to 200,000 ounces of gold in 2026.

Goose Mine Exploration Highlights

  • Infill drill results at Llama confirm interpretation of high-grade mineralization and increase confidence in the current Inferred Mineral Resources below the open pit. Highlight intersections include (core length):
    • Drill hole 26GSE749Z2 returned 19.12 grams per tonne (“g/t”) gold over 21.23 meters (“m”) from 463.85 m;
    • Drill hole 26GSE749 returned 44.61 g/t gold over 4.65 m from 473.50 m;
    • Drill hole 26GSE746Z2 returned 21.72 g/t gold over 10.60 m from 399.05 m;
    • Drill hole 26GSE748Z1B returned 44.03 g/t gold over 3.53 m from 354.40 m; and
    • Drill hole 26GSE747Z2B returned 10.59 g/t gold over 4.95 m from 357.05 m.
  • New discovery of high-grade gold mineralization beyond the western limb of the Nuvuyak structure at Goose Main (core length):
    • Drill hole 26GSE750Z2 returned 10.94 g/t gold over 9.95 m from 1,195.90 m (Tattuk zone exploration hole).

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