VANCOUVER, Canada – B2Gold Corp. (NYSE:BTG), a Canadian-based gold producer, has announced a significant operational achievement: the first gold pour at its new Goose Mine located in the remote Nunavut territory of Canada. The milestone, announced on June 30, officially marks the company’s entry into Canadian production and establishes its fourth operating mine globally.
The Goose Mine, a key asset within the highly prospective Back River Gold District, represents a major step in diversifying the company’s geographical footprint.
According to the company, the ore processing facility at the Goose Mine commenced operations on June 24. As part of a planned and systematic ramp-up, the mill is currently running at approximately 50% of its nameplate capacity.
The primary focus for the third quarter of 2025 is to achieve steady-state operations and systematically increase throughput to its full design capacity. This critical phase involves synchronizing the remaining power generators and fine-tuning all process circuits to ensure optimal performance and efficiency.
B2Gold has set a clear timeline for its next major target, stating that it expects to achieve commercial production at the Goose Mine in the third quarter of 2025.
This successful first pour is a crucial de-risking event for the project and a significant catalyst for B2Gold. For investors who track the company, often noted for its status as a lower-priced “penny stock,” hitting this key development target on schedule is a strong positive signal. The activation of a mine in a top-tier jurisdiction like Canada adds a new, stable revenue stream to the company’s portfolio.
Investors will now be closely watching for further updates on the production ramp-up and the official declaration of commercial production, which will serve as the next major catalysts for the company’s valuation.
