Projects

Masbate Mine – The Philippines

The Masbate Gold Project ("MGP") is located on Masbate Island in the Philippines, approximately 360 km southeast of the country's capital, Manila.

The total budget for the Philippines in 2024 is $6 million, of which the Masbate exploration budget is $4 million, including approximately 7,000 metres of drilling. The 2024 exploration program will continue to focus on converting inferred mineral resource areas below existing design pits, to support expanding the existing open pits. Several grassroot greenfield targets will be further tested as well.

Approximately $2 million will be applied to targeting new regional projects in highly prospective areas in the Philippines, leveraging off B2Gold’s presence and operational experience in the country. A total of 4,000 meters is allocated to testing new projects.

Supporting Documents:

For the latest details and news releases pertaining to the Masbate Mine:

  • Click here for B2Gold's Q4 2023 Earnings news release (dated February 21, 2024)

For a more detailed overview of the Masbate Mine, please refer to the following most recent company documents:

  • Click here for B2Gold's Q4 and Full Year 2023 Management Discussion & Analysis (dated December 31, 2023)
  • Click here for B2Gold's Q4 and Full Year 2023 Financial Statements (dated December 31, 2023)
  • Click here for B2Gold's 2023 Annual Information Form (dated March 16, 2023)

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