B2gold Corp. · TSX:BTO
B2gold — Investor Presentation (September 2010)
28 slides from B2gold's investor presentation, September 2010
Slide 1: B2Gold Presentation September 2010
B2Gold Presentation September 2010 12 1
Slide 2: Cautionary Statement
Cautionary Statement Some of the statements contained in this presentation are forward-looking statements, such as estimates and statements that describe the Company's future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result
Slide 3: About B2Gold Corp.
About B2Gold Corp. Vancouver based gold producer founded as a private company in 2007 by the former executives and management team of Bema Gold Corporation Proven management team with extensive exploration, financing, development and production experience Two producing gold mines in Nicaragua
Slide 4: B2Gold Share Capital
B2Gold Share Capital Ownership Breakdown Million Shares (1) (% Basic) Total Shares Issued and Outstanding 313.2 - Directors and Management (1) 50.7 16.2% - AngloGold Ashanti 31.6 10.1% Warrants (2) 48.6 Non-Executive Officers, Directors & Employee 18.6 5.9% Stock Options Total Shares Fully Diluted 3
Slide 5: B2Gold Project Locations
B2Gold Project Locations Costa Rican Project © Bellavista Mine" i , & La Libertad Mine £+@ Limon Mine Vig 4 fa eae 2 ®@ Radius JV f * i. ® Calibre JV it : a Colombian Projects \ 4 <<, © Gramalote y _/ @Mocoa oe y 7 4 e Uruguayan Project 4 4) @ Cebollati @ Production and Development Projects @ Explor
Slide 6: Nicaragua Project Locations
Nicaragua Project Locations North America TREBOL CALIBRE JV Nicaragua NATIVIDAD (PAVON) LIMON MINE MESTIZA PROJECT LA LIBERTAD Central America Managua Office MINE EXPLORATION - MINING South America EXPLORATION CALIBRE JV RADIUS JV 6
Slide 7: Mining in Nicaragua
Mining in Nicaragua Long mining history with a strong Mining Law Largest country in Central America One of the safest countries in Central America Modern infrastructure and easily accessible Democratic Republic since 1990. Government supportive of foreign investment Fair tax regime B2G
Slide 8: La Libertad Mine
La Libertad Mine Production commenced in January 2010 Economic completion February 1st 2010 Capital cost approximately US$70 million Open pit mine Converted from heap leach operations to conventional milling planned throughput 3,500 tonnes per day July average tonnage approximately 4,900
Slide 9: Mina La Libertad Inauguration
Mina La Libertad Inauguration 9
Slide 10: Libertad - Potential Exploration Targets
Libertad - Potential Exploration Targets Defined by Historical Drilling * * Indicates historical drilling from old long section 10
Slide 11: La Libertad 2010 Exploration Drilling Highlights
La Libertad 2010 Exploration Drilling Highlights Jabali Central Zone – 14 DDH Mojon Pit – 8 DDH JB10-007 - 4.1 g/t Au / 13.3m MJ10-001 - 2.1 g/t Au / 11.2m (Main) JB10-008 - 4.34 g/t Au / 11.5m MJ10-001 - 33.6 g/t Au / 6.0m (HW) JB10-010 - 3.52 g/t Au / 7.0m MJ10-002 - 2.54 g/t Au / 25.0m (Main) MJ1
Slide 12: Limon Mine
Limon Mine CURRENT OPERATIONS In continuous operations since 1941 – over 3.0 million ounces of production Underground and open pit mechanized mine An average of 1,000 tonnes of ore processed per day at an average grade of 4.78 g/t gold Projected to produce approximately 40,000oz of gold in 2
Slide 13: Community Projects – Nicaragua
Community Projects – Nicaragua B2Gold will spend approximately US$1.3 million in 2010 (2009 – US$1.3 million) on community projects Positively impacted people’s lives through education and community involvement Significant Community Projects Agua por Vida (Water for Life) Power Line at La
Slide 14: Colombia Regional Map
Colombia Regional Map Project Locations and Area of JV I nterest Area of JV Interest B2Gold Projects AGA Projects Greystar Resources AGA-Mineros Segovia JV 14
Slide 15: Gramalote Property
Gramalote Property 49% B2Gold – 51% AngloGold Ashanti Joint venture with AngloGold as manager of the project 39,400 ha property located 80km NE of Medellin in Gramalote Antioquia department 2010 second half budget – US$9.18 million (100%) to fund 10,000 m of diamond drilling and feasibility wo
Slide 16: Bellavista Project
Bellavista Project (Costa Rica) 100% B2Gold Built as heap leach gold mine in 2005 Shut down on July 25, 2007 due to cracking in several areas on site and subsequent landslide Rinsing of heap began immediately and landslide occurred on October 21, 2007 A mitigation plan ongoing since Decemb
Slide 17: Radius Joint Venture (Trebol and Pavon)
Radius Joint Venture (Trebol and Pavon) Trebol concessions Mines Pavon concession 17
Slide 18: Trebol Regional Anomalies
Trebol Regional Anomalies 22 km long NE trending belt of epithermal hot Santa Marta springs style gold mineralization Trebol: 6km long rock chip and soil anomaly; only partially tested. Hand trenching continues. Exploration drilling is scheduled to commence in late 2010 Santa Marta: area of high
Slide 19: Cebollati Property (Uruguay)
Cebollati Property (Uruguay) 19
Slide 20: Cebollati Property (Uruguay)
Cebollati Property (Uruguay) B2Gold to earn 80% interest by paying US$1M over two years, carrying funding through feasibility and paying a 1% NSR royalty from production Exciting early-stage gold discovery in geologically favourable under-explored belt in Uruguay Mineralization hosted by beddi
Slide 21: B2Gold 2010 Exploration Budgets
B2Gold 2010 Exploration Budgets PROJECT BUDGET Santa Pancha NICARAGUA LA LIBERTAD $4,600,000 (16,500 m) EL LIMON $2,538,484 $1,280,817 (7,000 m) (7,800 m) LA INDIA $202,800 $5,848,308 $1,280,817 RADIUS JV - NICARAGUA TREBOL $1,813,833 (3,000 m) PAVON $231,355 $2,045,188 CALIBRE OPTION - NICARAGUA BO
Slide 22: Corporate Objectives
Corporate Objectives Continue to optimize gold production at La Libertad and Limon Mines Remain focused on growth through exploration, development and acquisitions Continue exploration on four Nicaraguan properties and one property in Uruguay Continue to advance the Gramalote property in Col
Slide 23: Contact Information
Contact Information B2Gold Corp. 3100 - 595 Burrard Street Vancouver, BC Canada, V7X 1J1 Phone: 604-681-8371 Toll Free: 1-800-316-8855 Fax: 604-681-6209 Email: investor@b2gold.com Website: www.b2gold.com 23
Slide 24: B2Gold Reserves & Resources
B2Gold Reserves & Resources MINERAL RESERVES Contained Zone Tonnes Gold Grade (g/t) Gold Ounces LIMON (1) Proven 306,933 4.80 47,402 Probable 659,206 4.49 95,232 Total 966,139 4.59 142,634 LIBERTAD Probable 12,812,236 1.58 650,270 Total 12,812,236 1.58 650,270 Total Proven and Probable Mineral Reser
Slide 25: B2Gold Inferred Resources
B2Gold Inferred Resources INFERRED MINERAL RESOURCES Contained Zone Tonnes Gold Grade (g/t) Gold Ounces LIMON Mine (1) 1,740,533 4.18 233,781 Santa Pancha Deep 1,110,488 4.70 167,748 Total 2,851,021 4.38 401,529 LIBERTAD Mine Mojon, Crimea, Santa Maria 844,732 1.95 53,061 Spent Ore 3,053,083 0.70 68
Slide 26: B2Gold Management Team
B2Gold Management Team Clive T. Johnson (President, CEO & Director) Clive Johnson leads 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 compani
Slide 27: B2Gold Board of Directors
B2Gold Board of Directors 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 was Non-Executive Chairman of Northern Orion Resources Inc.,
Slide 28: B2Gold Board of Directors cont.
B2Gold Board of Directors cont. Barry Rayment Dr. Barry Rayment is a mining geologist with 35 years experience in base and precious metal exploration and development. Dr. Rayment obtained his Ph.D. in Mining Geology at the Royal School of Mines, London. Formerly an exploration manager for Gold Fie