B2Gold’s $32M Program Drills 41.95 g/t Gold Over 13.7 m at Llama
B2Gold reports 2025 Back River program drilling intersections at Llama deposit of up to 41.95 g/t gold over 13.70 m and 17.95 g/t over 38.20 m, enabling upgrade of Inferred resources to Indicated. The $32 million program delivered 28,599 m of drilling and confirms 760,000 oz Indicated at Llama and 700,000 oz Inferred at Nuvuyak.
1. Llama Deposit High-Grade Intersections
Infill drilling at the Goose Mine’s Llama deposit returned standout intercepts including 41.95 g/t gold over 13.70 m from 218.25 m and 17.95 g/t over 38.20 m from 501.10 m. These results confirm continuity of high-grade zones down plunge and support upgrading portions of the deposit from Inferred to Indicated status.
2. Nuvuyak Deposit Extension Potential
Exploration drilling at Nuvuyak intersected 6.65 g/t gold over 27.28 m from 1,017.05 m, extending high-grade mineralization approximately 150 m north-northwest of previous intersections. While not yet in the current life-of-mine plan, Nuvuyak remains a priority target for potential inclusion.
3. Resource Estimates and Reclassification
Following the 2025 program, the Llama deposit holds an Indicated Mineral Resource of 3.04 million tonnes grading 7.72 g/t for 760,000 oz gold and an Inferred Resource of 1.79 million tonnes at 11.00 g/t for 637,000 oz. Nuvuyak’s Inferred Resource stands at 2.63 million tonnes grading 8.26 g/t for 700,000 oz.
4. 2025 Program Scope and Budget
The district-wide exploration campaign deployed 28,599 m of drilling across 140 holes with a $32 million budget, split between a $21 million near-mine program and $11 million regional effort. Work included geoscience-led target prioritization, infill drilling at Goose Mine deposits, and follow-up on regional targets to extend mineralization potential.