B2Gold Advances Goose Mine Recovery, Uncovers New High-Grade Gold Zones
Event summary
- B2Gold's Goose Mine mobile crushing plant achieved 3,000 tonnes per day capacity in August 2026, with fixed plant upgrades expected to reach 3,200 tpd by October 2026.
- Exploration drilling at Goose Mine revealed high-grade gold intersections, including 44.61 g/t over 4.65 meters at Llama deposit and 10.94 g/t over 9.95 meters at newly discovered Tattuk zone.
- Back River Gold District exploration program completed 75% of 2026 drilling, with $51 million budget supporting resource conversion and new target identification.
- Goose Mine remains on track to produce 170,000-200,000 ounces of gold in 2026 despite April fire damage.
The big picture
B2Gold's operational recovery at Goose Mine demonstrates resilience in maintaining production targets despite infrastructure challenges. The discovery of new high-grade zones aligns with industry trends of extending mine life through near-mine exploration. With $51 million allocated to Back River District exploration, B2Gold is positioning itself to sustain production levels while potentially increasing reserves.
What we're watching
- Resource Expansion
- Whether new high-grade zones like Tattuk can extend Goose Mine's life beyond current projections.
- Operational Flexibility
- How B2Gold will utilize the new mobile crushing plant for long-term capacity beyond fixed plant upgrades.
- Production Sustainability
- The pace at which Goose Mine can maintain guidance levels while completing Phase 2 crushing upgrades in 2027.