Slide 1: B2Gold Corp. "We're Back!"
B2Gold Corp. “We’re Back!” November 2007 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 private exploration and development company formed 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 to build
Slide 4: 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 5: Significant Accomplishments at Bema
Significant Accomplishments at Bema h Built the company from inception in 1988 to a Cdn$3.5 billion market capitalization in 2007 h Responsible for 3 world class gold discoveries; Refugio and Cerro Casale in Chile and Kupol in Russia h Discovered 32.7 million ounces gold, 6 billion pounds copper and
Slide 6: B2Gold Share Capital
B2Gold Share Capital Ownership Breakdown Directors, Management, Employees 56.5m Private Financings 29.1m Kinross (1) 9.4m Total B2Gold Shares Outstanding – Pre-IPO 95m Shares Issued in Proposed IPO (2) 40m Pro Forma B2Gold Shares Outstanding 135m Total Proceeds from Public Offering $100m 1. Kinross
Slide 7: B2Gold Project Locations
B2Gold Project Locations * B2Gold has the option to acquire up to 34.7% of the share of Cons Puma. See appendix for details 7
Slide 8: Colombian Projects
Colombian Projects Gramalote Quebradona Miraflores 8
Slide 9: Colombian Economy
Colombian Economy h 15 year transition from a regulated economy to a free market economy h Eased import restrictions h Major commercial + investment ties with USA (40% exports / 24% imports) h Foreign Direct Investment inflows now 4.4% of GDP h Real 4.4% Annual Growth 2002-06 h Increase in domestic
Slide 10: Property Agreements in Colombia
Property Agreements in Colombia h Agreement with AngloGold Ashanti to jointly explore mineral opportunities within a 220,000 square kilometre area of Colombia (AGA agreement) h B2Gold has the right to earn a 51% interest in any property which AngloGold chooses to farm out within the area of interest
Slide 11: Property Agreements in Colombia (cont'd)
Property Agreements in Colombia (cont’d) h Recent acquisition from GRUPO NUS of Gramalote Project h Separate agreement to AGA agreement h B2Gold is entitled to a 49% interest and AngloGold a 51% interest upon fulfillment of payments and exploration commitments h AngloGold has an option to earn an ad
Slide 12: Colombian Exploration Projects
Colombian Exploration Projects Area of interest B2Gold Projects 12
Slide 13: Gramalote Project
Gramalote Project h Gramalote h 43 drill holes over an area of 1,000 by 500 metres with >2 million ounce potential at >1 gram per tonne (g/t) gold (Au) and potential for more h 7 by 4 kilometre soil geochemistry survey indicates excellent exploration potential with four untested satellite drill targ
Slide 14: Gramalote Project
Gramalote Project DDH Locations T2 Ore at surface 05 0.5 km 13 11 25 1 km Potential pit DDH 05 – 254 m @ 1.16 g/t Au outline DDH 13 – 230 m @ 1.6 g/t Au DDH 11 – 34 m @ 3.12 g/t Au DDH 25 – 250 m @ 0.74 g/t Au DDH T2 – 75 m @ 1.69 g/t Au 14
Slide 15: Quebradona Project
Quebradona Project h Quebradona h District scale (6x4 km) gold-rich porphyry cluster (5 main targets) h Consistent wide scale trench sampling >1.5 g/t Au h Numerous porphyry targets with large drill program beginning in early 2008 h Grass roots discovery in very favourable geologic terrain 15
Slide 16: Quebradona Project
Quebradona Project Project Areas with Target Type Porphyry Au m 5k Porphyry Cu Porphyry Au Porphyry Au Porphyry Au 16
Slide 17: Quebradona Project - La Aurora
Quebradona Project - La Aurora Soil Anomaly open 17
Slide 18: Miraflores Project
Miraflores Project h Miraflores h Bulk tonnage, 250 by 250 metre breccia pipe cut by higher grade structures with predominantly free milling gold h Previously unknown higher grade structure intersected in recent drilling h Good infrastructure with current small-scale production h Infill drilling and
Slide 19: Miraflores Project
Miraflores Project VG in core Miraflores Breccia Drill hole locations VG in core 19
Slide 20: North Eastern Russia Projects – Chukotka
North Eastern Russia Projects – Chukotka Kupol East and West Licenses 20
Slide 21: Russian Economics
Russian Economics h Russia has improved its political and economic stability h Business and investor confidence have increased due to the implementation of reforms in the areas of tax, banking, labor, and land codes h Economic growth in Russia continues to be strong h Average 6.7% annually over the
Slide 22: Management Experience in Russia
Management Experience in Russia h Bema acquired the Julietta project in June 1998 h Successfully financed the project in Sept 2000 h Production commenced in Sept 2001 h Bema acquired a 75% interest in the Kupol project in Dec 2002 h Discovered indicated resources of 4.8 million ounces of gold and 58
Slide 23: Kupol East and West Licenses
Kupol East and West Licenses Principal Target Areas 231.6 km2 Kupol North Extension 17.5 km2 Moroshk a West Kak & Fox Kupol South Tokai Extension Prekup Avgusteishiy 194 Killer Dublon km2 Bunny Dubonnet B2Gold has the right to earn 37.5% interest in the Kupol East and West Licenses 23
Slide 24: Kupol West - Summary
Kupol West - Summary Kupol North Extension h Drilling on Kupol license indicates the Kupol vein system open to north. Values to 53.2 g/t Au with 121.8 g/t Ag over 7.70 metres within 325 metres of Kupol West license boundary h Strong magnetic low and resistivity high on trend from main vein Kupol Sou
Slide 25: Kupol East - Summary
Kupol East - Summary Prekup h Historical trenching has returned values of 14.9 g/t Au with 60.7 g/t Ag over 8.9 metres, and 72.5 g/t Au with 176.9 g/t Ag over 3.4 meters. The vein system has been traced on surface for 800 meters and remains open to the south h A strong antimony anomaly and magnetic
Slide 26: Next 12 Months
Next 12 Months h Initial Public Offering late 2007 h Colombia h Continue exploration drilling h Commence feasibility drilling on Gramalote and Miraflores h Further property acquisitions h Russia h Explore Kupol East / West including mapping, trenching and diamond drilling h Acquisition Opportunities
Slide 27: Summary of Offering
Summary of Offering Amount: Approximately $100 million Over-Allotment: Up to 15% Eligibility: RRSPs, RRIFs, DPSPs, RESPs Listing: Application Made to TSX-V Pricing: Expected November 28th Closing: Expected Week of December 3rd 27
Slide 28: 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 28
Slide 29: Appendix
Appendix > B2GOLD
Slide 30: Consolidated Puma Minerals
Consolidated Puma Minerals Kola Project 30
Slide 31: Consolidated Puma Minerals
Consolidated Puma Minerals h B2Gold has an option to purchase all or any part of the 17,935,310 common shares in the capital of Consolidated Puma Minerals Corp. previously held by Bema h Exercisable at any time up to 12 months after February 27, 2007 at a price equal to the 30-day volume weighted av