B2Gold Corp. announce 2012 exploration drilling results and 2013 plans and budgets for the Company's development and exploration properties in Nicaragua, Philippines, Namibia, Colombia and Uruguay. The Jabali deposit at La Libertad property in Nicaragua is located approximately 15 kilometres east of the mill facility at La Libertad Mine and consists of two zones, the Antenna and Central Zones that cover a combined strike length of 3.2 km, though the vein itself has a known strike length of 6.2 km.

The Jabali deposit has an indicated mineral resource of 4.19 million tonnes at 3.39 g/t gold containing 456,863 ounces of gold and an inferred mineral resource of 1.89 million tonnes at 3.06 g/t gold containing 186,610 ounces of gold. These grades are considerably higher than the current average grade of 1.92 g/t ore currently being processed at La Libertad. Based on the delivery of higher grade ore from the Jabali deposit, the Company expects an increase in annual production at La Libertad to approximately 131,000 to 137,000 ounces of gold in 2013 and 150,000 ounces of gold by 2014 (subject to final mine plan).

Trenching at the newly discovered Volcan-El Gallo area, near the Mojon pit, contains up to 3.05 g/t gold over 3.6 metres in trench VNTR12-001 and 6.92 g/t gold over 5.0 metres in trench VNTR12-009. An initial 5 hole drill program was completed on the Volcan target in 2012 and final assays are pending. A phase II drilling program was completed in 2012 at the Primavera Gold and Copper Porphyry joint venture project in the productive Bonanza-Siuna-Rosita mining triangle in the North of Nicaragua.

The phase II program totaled 9,475 metres of drilling for a total overall drilling program of 13,414 metres for 32 drill holes. The bulk of the phase II program was focused on the nearby soil geochemical anomalies at Copper Hill and a prominent structural target to the south of the main Primavera zone. In addition, two drill holes tested a prominent geophysical anomaly at Santa Juana, approximately 1.4 km south east of Primavera.