B2Gold strikes new Goose gold zone

AI desk brief

B2Gold reported a new high-grade gold discovery at the Goose mine in Nunavut, with drillhole 26GSE750Z2 intersecting 9.95m at 10.94 g/t Au at the newly named Tattuk zone, alongside strong intercepts at Llama and Nuvuyak. The company said the results support future resource additions and mine-life extension potential across the Back River district.

Operationally, Goose remains on track to meet 2026 guidance of 170,000-200,000 oz after the April crusher fire, with the new mobile crushing plant averaging more than 3,000 tpd since mid-August and the repaired fixed plant targeted to sustain 3,200 tpd from October. B2Gold fell 2.6% in Toronto as wider markets weakened, but Scotiabank kept a sector-outperform rating and $10 target, while analysts see the ramp-up and exploration program as key catalysts.