Caledonia, which operates the Blanket gold mine in Zimbabwe, today announces it has signed an option agreement which gives the company the exclusive rights to explore and acquire (at its discretion) the mining claims over the area known as Glen Hume in the Gweru mining district in the Zimbabwe Midlands. Mines in this area (NE of Bulawayo) have previously produced gold (reported nearly 3t of gold) from Banded Iron Formations in the Gweru Greenstone Belt.
10 Dec 2020
WHI First Light: Caledonia Mining (CMCL) - Option over new exploration prospect in Zimbabwe
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WHI First Light: Caledonia Mining (CMCL) - Option over new exploration prospect in Zimbabwe
Caledonia Mining Corporation PLC (CMCL:LON) | 845 0 0.0% | Mkt Cap: 162.2m
- Published:
10 Dec 2020 -
Author:
Paul Smith -
Pages:
4
Caledonia, which operates the Blanket gold mine in Zimbabwe, today announces it has signed an option agreement which gives the company the exclusive rights to explore and acquire (at its discretion) the mining claims over the area known as Glen Hume in the Gweru mining district in the Zimbabwe Midlands. Mines in this area (NE of Bulawayo) have previously produced gold (reported nearly 3t of gold) from Banded Iron Formations in the Gweru Greenstone Belt.