Otjikoto Gold Mine Ni 43‐101 Technical Report

Otjikoto Gold Mine Ni 43‐101 Technical Report

OTJIKOTO GOLD MINE Namibia NI 43‐101 TECHNICAL REPORT Prepared for: Effective date: B2Gold Corp. 31 December, 2018. Prepared by: Mr Tom Garagan, P.Geo. Mr Peter Montano, P.E. Mr Ken Jones, P.E. Mr John Rajala, P.E. CERTIFICATE OF QUALIFIED PERSON I, Tom Garagan, P.Geo, am employed as the Senior Vice President, Exploration with B2Gold Corp. (“B2Gold”), which has its head offices at 595 Burrard St #3100, Vancouver, BC V7X 1J1, Canada. This certificate applies to the technical report titled “Otjikoto Gold Mine, Namibia, NI 43-101 Technical Report”, that has an effective date of 31 December, 2018 (the “technical report”). I am a member of the Association of Professional Engineers and Geoscientists of British Columbia, and of the Association of Professional Engineers, Geologists and Geophysicists of Alberta. I graduated from the University of Ottawa with a Bachelor of Science (Honours) degree in Geological Sciences in 1980. I have practiced my profession for 39 years. In this time I have been directly involved in generating and managing exploration activities, and in the collection, supervision and review of geological, mineralization, exploration and drilling data; geological models; sampling, sample preparation, assaying and other resource-estimation related analyses; assessment of quality assurance-quality control data and databases; and supervision of mineral resource estimates. As a result of my experience and qualifications, I am a Qualified Person as defined in National Instrument 43–101 Standards of Disclosure for Mineral Projects (NI 43–101). I visited the Otjikoto Gold Mine most recently from 7–9 February 2017, and 8–15 October, 2017. I am responsible for Sections 1.1 to 1.8, 1.10, 1.11, 1.23; Section 2; Section 3; Section 4; Section 5; Section 6; Section 7; Section 8; Section 9; Section 10; Section 11; Section 12; Section 14; Section 23; Section 24; Sections 25.1 to 25.4, 25.6; Sections 26.1, 26.2.1, 26.2; and Section 27 of the technical report. I am not independent of B2Gold as independence is described by Section 1.5 of NI 43–101. I have been involved with the Otjikoto Gold Mine and project since the start of the B2Gold due diligence study in October 2011. I have read NI 43–101 and the sections of the technical report for which I am responsible have been prepared in compliance with that Instrument. As of the effective date of the technical report, to the best of my knowledge, information and belief, the sections of the technical report for which I am responsible contain all scientific and technical information that is required to be disclosed to make the technical report not misleading. Dated: 19 March, 2019. (Signed) “Tom Garagan” Tom Garagan, P.Geo. B2Gold Corp. 595 Burrard St #3100, Vancouver, BC V7X 1J1, Canada www.b2gold.com Tel: +1 604-681-8371 CERTIFICATE OF QUALIFIED PERSON I, Peter Montano, P.E., am employed as the Project Director with B2Gold Corp. (“B2Gold”), which has its head offices at 595 Burrard St #3100, Vancouver, BC V7X 1J1, Canada. This certificate applies to the technical report titled “Otjikoto Gold Mine, Namibia, NI 43-101 Technical Report”, that has an effective date of 31 December, 2018 (the “technical report”). I am a registered Professional Engineer (#42745, Colorado, USA). I graduated from the Colorado School of Mines in 2004 with a B.Sc. in engineering and a B.Sc. in economics. I have been directly involved in the design, construction, and operation of gold projects in Nicaragua, Namibia, and Mali and have participated in and contributed to projects and studies of gold and coal projects in Venezuela, El Salvador, Australia, and The Philippines. As a result of my experience and qualifications, I am a Qualified Person as defined in National Instrument 43–101 Standards of Disclosure for Mineral Projects (NI 43–101). I visited the Otjikoto Gold Mine most recently from October 14–18, 2018. I am responsible for Sections 1.1 to 1.2, 1.12, 1.13, 1.14, 1.16, 1.18.2, 1.19 (excepting process-related information), 1.20 (excepting process-related information), 1.21, 1.22, 1.23; Section 2; Section 3; Section 15; Section 16; Section 18; Sections 19.2 to 19.4; Section 21 (excepting process-related information in Sections 21.2.5, 21.2.8, 21.3.3 and 21.3.6); Section 22; Sections 25.1, 25.7, 25.8, 25.10, 25.13 (excepting process-related information), 25.14 (excepting process-related information), 25.15; Sections 26.1, 26.2.2, 26.3; and Section 27 of the technical report. I am not independent of B2Gold as independence is described by Section 1.5 of NI 43–101. I have been involved with the Otjikoto Gold Mine and Project since the start of the B2Gold due diligence study in October 2011. I have read NI 43–101 and the sections of the technical report for which I am responsible have been prepared in compliance with that Instrument. As of the effective date of the technical report, to the best of my knowledge, information and belief, the sections of the technical report for which I am responsible contain all scientific and technical information that is required to be disclosed to make the technical report not misleading. Dated: 19 March, 2019 (Signed) “Peter Montano” Peter Montano, P.E. B2Gold Corp. 595 Burrard St #3100, Vancouver, BC V7X 1J1, Canada www.b2gold.com Tel: +1 604-681-8371 CERTIFICATE OF QUALIFIED PERSON I, Ken Jones, P.E., am employed as the Environmental, Health, Safety and Permitting Manager with B2Gold Corp. (“B2Gold”), which has its head offices at 595 Burrard St #3100, Vancouver, BC V7X 1J1, Canada. This certificate applies to the technical report titled “Otjikoto Gold Mine, Namibia, NI 43-101 Technical Report”, that has an effective date of 31 December, 2018 (the “technical report”). I am a registered Professional Engineer (#42718, Colorado, USA). I graduated from the University of Iowa in 2001 with a B. Sc. in Chemical Engineering. I have practiced my profession for over 15 years. I have developed, conducted and/or directed environmental and social studies including baseline investigations; materials geochemical characterization; hydrologic, air and noise modeling; closure planning and costing; and environmental and social impact assessment for hard rock mining projects in over a dozen countries in North and South America, Africa and Asia. I have developed, implemented and maintained programs for engineering and administrative compliance regarding international environmental, health and safety regulations and best practices at gold projects in Nicaragua, Namibia, the Philippines and Mali. As a result of my experience and qualifications, I am a Qualified Person as defined in National Instrument 43–101 Standards of Disclosure for Mineral Projects (NI 43–101). I visited the Otjikoto Gold Mine most recently from 10–20 October, 2018. I am responsible for Sections 1.1 to 1.2, 1.17; Section 2; Section 3; Section 20; Sections 25.1, 25.11; and Section 27 of the technical report. I am not independent of B2Gold as independence is described by Section 1.5 of NI 43–101. I have been involved with the Otjikoto Gold Mine and project since the start of the B2Gold due diligence study in October 2011. I have read NI 43–101 and the sections of the technical report for which I am responsible have been prepared in compliance with that Instrument. As of the effective date of the technical report, to the best of my knowledge, information and belief, the sections of the technical report for which I am responsible contain all scientific and technical information that is required to be disclosed to make the technical report not misleading. Dated: 19 March, 2019 (Signed) “Ken Jones” Ken Jones, P.E. B2Gold Corp. 595 Burrard St #3100, Vancouver, BC V7X 1J1, Canada www.b2gold.com Tel: +1 604-681-8371 CERTIFICATE OF QUALIFIED PERSON I, John Rajala, P.E., am employed as the Vice President, Metallurgy with B2Gold Corp. (“B2Gold”), which has its head offices at 595 Burrard St #3100, Vancouver, BC V7X 1J1, Canada. This certificate applies to the technical report titled “Otjikoto Gold Mine, Namibia, NI 43-101 Technical Report”, that has an effective date of 31 December, 2018 (the “technical report”). I am a registered professional engineer in the state of Washington (No. 43299) and have a B.S. and M.S in metallurgical engineering from Michigan Technological University (1976) and the University of Nevada – Mackay School of Mines (1981), respectively. I have practiced my profession for 41 years, during which I have been directly involved in the operations and management of mineral processing plants for gold and base metals, and in process plant design and commissioning of projects located in Africa, Asia, North, Central and South America. As a result of my experience and qualifications, I am a Qualified Person as defined in National Instrument 43–101 Standards of Disclosure for Mineral Projects (“NI 43–101”). I visited the Otjikoto Gold Mine most recently from April 23–25, 2017. I am responsible for Sections 1.1 to 1.2, 1.9, 1.15, 1.16; 1.18.1; 1.19 (process-related information); 1.20 (process-related information); Section 2; Section 13; Section 17; Sections 18.6, 18.10; Section 19.1; Sections 21.2.5, 21.2.8 (process-related information), 21.3.3, 21.3.6 (process-related information); Sections 25.1, 25.5, 25.9, 25.10, 25.12 (information relating to doré), 25.13 (process-related information), 25.14 (process-related information); and Section 27 of the technical report. I am not independent of B2Gold as independence is described by Section 1.5 of NI 43–101.

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