B2Gold Targets 200,000 Ounces of Gold at Goose Mine

SEATTLE (Scrap Monster): B2Gold Corp. remains on track to produce 170,000–200,000 ounces of gold at its Goose Mine in Nunavut during the current year. The new operational update follows the successful commissioning of a new mobile crushing plant and continued upgrades to its fixed processing infrastructure.

The company reported that the mobile crusher, commissioned in August, has maintained average ore throughput exceeding 3,000 tonnes per day (tpd) since mid-month. The company made an investment of approximately $16 million to offset disruptions caused by a fire at the fixed crushing plant earlier this year.

Repairs and Phase 1 upgrades to the fixed facility are progressing as scheduled, with commissioning expected by mid-October. The improvements, costing approximately $11 million, are expected to raise its average daily crushing capacity to 3,200 tpd.

B2Gold plans to operate both crushing facilities simultaneously, ahead of further upgrades scheduled for the first half of 2027. The subsequent Phase 2 improvements are expected to increase fixed plant capacity to 4,000 tpd.

Meanwhile, the company's $51 million Back River Gold District exploration campaign has completed 27,493 meters of drilling. Drilling at the Llama deposit and Nuvuyak structure has confirmed high-grade mineralization continuity and identified additional exploration opportunities. The company also reported encouraging resource conversion results at its George Project.