B2gold Corp. · TSX:BTO
B2gold — Investor Presentation (June 2008)
33 slides from B2gold's investor presentation, June 2008
Slide 1: B2Gold Corp.
B2Gold Corp. June 2008 12 1
Slide 2: Cautionary Statement
Cautionary Statement Certain statements set forth in this presentation constitute “forward looking statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995. Such statements involve risks, uncertainties and other factors that may cause the actual results, p
Slide 3: Introducing B2Gold Corp.
Introducing B2Gold Corp. h B2Gold is a Vancouver based exploration and development company founded in 2007 by the former management team of Bema Gold Corporation h Bema was acquired by Kinross Gold Corporation, through a Cdn$3.5 billion transaction in February 2007 h B2Gold’s corporate objective is
Slide 4: B2Gold Share Capital
B2Gold Share Capital Million % of Shares Ownership Breakdown Shares Outstanding Total Shares Issued and Outstanding 157.3 Directors, Management, Employees 56.7 36% AngloGold Ashanti 25.0 16% Kinross 12.7 8% Warrants (1) 23.4 Employee Stock Options (2) 4.9 Total Shares Fully Diluted 185.6 (1) AngloGo
Slide 5: B2Gold Project Locations
B2Gold Project Locations FF a — Kupol East and West Projects 7 Vancouver ’ . * Quebradonay,) ‘\\/ th * Mocoa al ° Miraflores BeGOL_LD
Slide 6: Colombian Projects
B2eGOLD Colombian Projects . (AS ee f@ VENEZUELA os. 1 a Bogota é SES ee 5 S 2) POMB! bs = ~
Slide 7: Mining in Colombia
Mining in Colombia h A unique opportunity h Long history of gold production h 80 million ounces of gold produced historically h Minimal modern exploration h Excellent exploration potential h Good infrastructure h Improved security h Modern mining law h Strong GDP growth – 2007 6.8%; 2008 forecast 5.
Slide 8: Gramalote Trend
Gramalote Trend h Joint venture with AngloGold Ashanti (51% B2Gold 49% Anglo) h B2Gold is operator and required to fund to feasibility to earn its 51% h Previous diamond drilling at the Gramalote zone (12,312 metres in 43 holes) outlined widespread structurally-controlled intrusion- hosted gold mine
Slide 9: Gramalote Ridge
Gramalote Ridge T2 Mineralization at surface 13 05 11 25 DDH 05 – 254 m @ 1.16 g/t Au DDH 13 – 230 m @ 1.6 g/t Au DDH 11 – 34 m @ 3.12 g/t Au DDH Locations DDH 25 – 250 m @ 0.74 g/t Au ADIT T2 – 75 m @ 1.69 g/t Au 9
Slide 10: Gramalote Ridge
Gramalote Ridge Niet s = GRAMALOTE cg. metres
Slide 11: Gramalote Ridge
Gramalote Ridge Gramalote 11
Slide 12: Gramalote Trend
Gramalote Trend Soil Geochem and DDH Gramalote and other targets Trinidad Soil Samples Au (ppb) 2,500 to 4,200 300 to 2,500 100 to 300 Soil Samples Au (ppb) 25 to 100 < 25 2,500 to 4,200 300 to 2,500 100Alto to 300de Gramalote 25 to 100 < 25 Monjas Christales 12
Slide 13: Colombia Regional Map
Colombia Regional Map Project locations and Area of JV Interest Area of JV Interest B2Gold Projects AGA Projects 13
Slide 14: Regional Joint Venture with AGA
Regional Joint Venture with AGA h Agreement with AngloGold Ashanti (AGA) to explore certain mineral properties within a 220,000 sq km area of Colombia h B2Gold is required to complete 5,000 metres of drilling on any property AGA vends to B2Gold at which point AGA has the following options: h To part
Slide 15: Quebradona Project
Quebradona Project Project Areas with Target Type 5 km La Aurora Porphyry Au El Tenedor Chaquiro Porphyry Au Porphyry Cu Isabella Porphyry Au La Sola Porphyry Au 15
Slide 16: Quebradona Project
Quebradona Project h Grass roots discovery in very favourable geologic terrain h District scale (6 by 4 kilometre) gold-bearing porphyry cluster, 5 main targets – Aurora, Isabella, La Sola, El Tenedor and Chaquiro h A 5,000 metre phase I drill program has been completed on 2 of the 5 main targets (A
Slide 17: Aurora Zone
Aurora Zone h Two target areas h La Mama zone (13 holes, results pending for 7) h La Isla zone (3 holes, results pending for 3) h Results received for first 6 holes totaling 1,662 m in an area of 400 by 300 m of the La Mama zone h Ore grade mineralization encountered in all six holes is hosted by st
Slide 18: Aurora – Drill Holes 1 to 6 Assay Results
Aurora – Drill Holes 1 to 6 Assay Results Hole Metres Gold* Silver Copper Location From To # (m) (ppm) (ppm) (%) La Mama 1 4.05 165.92 161.87 0.97 2.5 .154 La Mama 2** 0.00 52.70 52.70 1.36 2.1 .144 La Mama 3 0.00 86.15 86.15 0.99 2.1 .134 La Mama incl. 0.00 32.90 32.90 1.67 2.6 .167 La Mama 4 0.70
Slide 19: Aurora Drill Hole Location Map
Aurora Drill Hole Location Map 19
Slide 20: Quebradona Targets
Quebradona Targets La Mama La Isla 20
Slide 21: Mocoa Project
Mocoa Project h Copper & molybdenum porphyry (100% B2Gold) h Four contract claims totaling 7,830.57 hectares h Located in Southern Colombia approx. 470 km SE of Bogota h Previous exploration drilling of 31 drill holes for 18,300 metres h Historic resource of 306 million tonnes @ 0.37% Cu and 0.061%
Slide 22: Mocoa – Plan View
Mocoa – Plan View Past Drilling with Geology Historical Resource 305 Mt @ 0.37% Cu and 0.06% Mo B’ B 22
Slide 23: Mocoa – Vertical Section B-B’
Mocoa – vertical Section B-B’ (Looking NNW) Mineralized zone B’ B * Cu Equiv Factor Cu% + (Mo% x 10) 23
Slide 24: Mocoa Project
Mocoa Project tio n a liza fM iner on eo Z 24
Slide 25: North Eastern Russia Projects – Chukotka
North Eastern Russia Projects – Chukotka Kupol East and West Licenses 25
Slide 26: Kupol Gold & Silver Mine
Kupol Gold & Silver Mine The Kupol mine is owned 75% Kinross and 25% Government of Chukotka 26
Slide 27: Kupol East and West Joint Venture
Kupol East and West Joint Venture h B2Gold has the right to earn 37.5% interest from Kinross h Resulting interest – Kinross 37.5%, B2Gold 37.5% and Government of Chukotka 25% h B2Gold and Kinross have agreed to fund $10 million each on exploration. B2Gold will be the operator to completion of a pre-
Slide 28: Kupol East and West Licenses
Kupol East and West Licenses Principal Target Areas 231.6 km2 Kupol North Extension Kupol Mine 75% Kinross 17.5 25% Chukotka Govt km2 Moroshka West Kak & Fox Kupol South Extension Tokai Prekup Avgusteishiy 194 km2 Killer Dublon Bunny Dubonnet 28
Slide 29: Exploration Budget Summary 2008
Exploration Budget Summary 2008 Project (US$ millions) Drilling (m) Gramalote 8.7 25,000 Quebradona – Phase 1 1.5 5,500 Quebradona – Phase 2 (1) 7.0 20,000 Mocoa 1.8 3,000 Colombia Other 2.8 Kupol West (2) 5.0 5,500 Kupol East (2) 3.4 3,000 General Exploration 0.6 TOTAL 30.8 62,000 (1) 100% of budge
Slide 30: Next 12 Months
Next 12 Months h Colombia h Regional Exploration h Continued exploration drilling h Ongoing drill results from all three properties h Feasibility work at Gramalote h Russia h Drill results from Spring drilling h Recommence drilling in the Fall h Acquisition Opportunities h Continue to pursue acquisi
Slide 31: B2Gold Management Team
B2Gold Management Team h Clive T. Johnson (President, CEO & Director) Clive Johnson will lead the strong management team of B2Gold. Mr. Johnson was involved with Vancouver based Bema Gold and its predecessor companies since 1977. When Bema Gold was created by the amalgamation of three Bema group com
Slide 32: B2Gold Board of Directors
B2Gold Board of Directors h Robert Cross (Chairman of the Board) Robert Cross has more than 20 years of experience as a financier in the Mining and Oil & Gas sectors. He has served as a director of numerous public and private companies. He is Non-Executive Chairman of Northern Orion Resources Inc.,
Slide 33: Contact Information
Contact Information B2Gold Corp. 3100 - 595 Burrard Street Vancouver, BC Canada, V7X 1J1 Phone: 800-316-8855 Fax: 604-681-6209 Email: investor@b2gold.com Web: www.b2gold.com 33