Caledonia today provides an update on the resources at Blanket mine in Zimbabwe (64% Caledonia). A thorough independent review and reinterpretation of the orebodies at the mine has led to an increase of 1% in the Proven and Probable Reserve to nearly 5Mt grading 3.4g/t gold – leading to much more confidence in the production schedule over the next 4-5 years at 80koz/yr. This is a 17% increase when you consider 84.9koz of gold have been mined since the last update. Whilst tonnages in all catego ....
26 May 2021
Caledonia Mining (CMCL) - Update on resources at the Blanket mine
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Caledonia Mining (CMCL) - Update on resources at the Blanket mine
Caledonia Mining Corporation PLC (CMCL:LON) | 855 0 0.0% | Mkt Cap: 164.1m
- Published:
26 May 2021 -
Author:
Paul Smith -
Pages:
5
Caledonia today provides an update on the resources at Blanket mine in Zimbabwe (64% Caledonia). A thorough independent review and reinterpretation of the orebodies at the mine has led to an increase of 1% in the Proven and Probable Reserve to nearly 5Mt grading 3.4g/t gold – leading to much more confidence in the production schedule over the next 4-5 years at 80koz/yr. This is a 17% increase when you consider 84.9koz of gold have been mined since the last update. Whilst tonnages in all catego ....