Caledonia Mining Corporation Plc Submits Blanket Mine Technical Report
St. Helier, March 14, 2023 – (NYSE AMERICAN: CMCL; AIM: CMCL; VFEX: CMCL) Following the Announcement by Caledonia Mining Corporation Plc (“Caledonia” or “the Company” – https://www.commodity -tv.com/ondemand/companies/profil/caledonia-mining-corporation-plc/) on February 6, 2023 regarding an update to NI 43-101 compliant mineral resource and reserve estimates at the Company’s 64% owned Blanket Mine in Zimbabwe (” Blanket”), Caledonia is pleased to announce that it has now received a new NI 43-101 Technical Report (Pty)Ltd. was prepared and filed on SEDAR (www.sedar.com) on March 13, 2023. This news release was prepared by Dana Roets (B Eng. (Min.), MBA, Pr.Eng., FSAIMM, AMMSA), Chief Operating Officer, the Company’s Qualified Person under Canada’s National Instrument 43-101 – Standards of Disclosure for Minerals Projects (NI 43-101″). The Company’s Independent Qualified Persons as defined by NI 43-101, Mr. Uwe Engelmann (BSc (Zoo. & Bot.), BSc Hons (Geol.), Pr.Sci.Nat. No 400058/08, MGSSA) from Minxcon (Pty) Ltd, the qualified person responsible for the resources, and Mr Daan van Heerden B Eng (Min.), MCom (Bus. Admin.), MMC, Pr.Eng ., FSAIMM, AMMSA of Minxcon (Pty) Ltd, the Qualified Person responsible for the Reserves have also approved this news release.
on SEDAR in support of Blanket’s mineral resource and reserve estimates announced on February 6, 2023.
Highlights:
– Estimated Measured and Indicated Mineral Resources at Blanket, including Mineral Reserves, total 1,095,000 ounces of gold in 10.72 million tonnes grading 3.18 g/t.
– Total estimated mineral reserves at Blanket are 395,000 ounces of gold in 3.94 million tonnes grading 3.12 g/t.
Inquire:
Caledonia Mining Corporation Plc
Mark Learmonth
Phone: +44 1534 679 800
Camilla Horfall
Phone: +44 7817 841 793
Cenkos Securities plc (Nomad and Common Broker)
Adrian Hadden
Phone: +44 207 397 1965
Neil McDonald
Phone: +44 131 220 9771
Pearl Kelly
Phone: +44 131 220 9775
Liberum Capital Limited (Common Broker)
Scott Mathieson/Kane Collings
Phone: +44 20 3100 2000
BlytheRay Financial PR (UK)
Tim Blythe/Megan Ray
Phone: +44 207 138 3204
3PPB (Financial PR, North America)
Patrick Chidley
Tel: +1 917 991 7701
Paul Durham
Tel: +1 203 940 2538
Curate Public Relations (Zimbabwe)
Debra Tatenda
Phone: +263 77802131
IH Securities (Private) Limited (VFEX Sponsor – Zimbabwe)
Lloyd Mlotshwa
Swiss Resource Capital AG
Jochen Staiger
Tel: +263 (242) 745 119/33/39
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