B2Gold : Announcement of Positive Exploration Drill Results in Mali from Fekola North and Anaconda Area Exploration Drilling

B2Gold Corporation ("B2Gold")

Registration No. BC0776025

Registered as an external company in Namibia

ISIN Code: CA11777Q2099

NSX Share Code: B2G

B2Gold Announces Positive Exploration Drill Results in Mali from Fekola North and Anaconda Area Exploration Drilling

Vancouver, BC, June 22, 2022 - B2Gold Corp. (TSX: BTO, NYSE AMERICAN: BTG, NSX: B2G)("B2Gold" or the "Company") is pleased to announce additional positive exploration drilling results from Fekola North and the Anaconda area, and provide an update on the development of the Anaconda area.

Highlights

• High grade results from the Fekola North target area such as drill hole FKD_64, which returned 4.28 grams per tonne ("g/t") gold over 19.15 metres, from 529.0 metres, provides strong support for ongoing evaluation of underground development of the deepest portions of the Fekola Mine deposit
• In the Anaconda area, approximately 20 kilometres north of the Fekola Mine, drill hole MSD_212, which returned 8.09 g/t gold over 15.8 metres, from 431.1 metres, confirms the presence of high grade sulphide, approximately 100 metres below the limits of the current Mineral Resource pit boundary. The good grade and width combinations at the Anaconda area continue to provide a strong indication of the potential for Fekola-style plunging bodies of sulphide mineralization, which remain open at depth
• Ongoing drilling by the Company on the Anaconda area to infill and extend the saprolite Mineral Resource area, and to follow up on the sulphide mineralization, including the Mamba and Adder zones, as well as several other targets below the saprolite mineralization, continues to generate positive drill results in both saprolite and sulphide domains and demonstrates strong potential to further increase the updated Anaconda area Mineral Resource estimate
• Following the recent acquisition of the Bakolobi permit, immediately south of the Menankoto permit, the Company will conduct an approximately $3.4 million exploration program for 50,200 metres of diamond and reverse circulation drilling in the second half of 2022
• The Company recently announced the acquisition of Oklo Resources Limited and its Dandoko project, located approximately 25 kilometres from the Fekola Mine (subject to completion)

Thie full announcement can be viewed at the following link:

http://www.investorx.ca/Doc/2206220401243263

On Behalf of B2GOLD CORP.

Clive T. Johnson

President & Chief Executive Officer

23 June 2022

Registered Office

20 Nachtigal Street

Ausspannplatz

Windhoek

Namibia

Sponsor

IJG Securities (Pty) Ltd Member of the NSX

4th floor 1@Steps,c/o Grove and Chasie Street Kleine Kuppe, Windhoek

P O Box 186, Windhoek, Namibia Registration No. 95/505