Caledonia mining corporation plc: mineral resources and reserves update at the blanket mine

St helier, jersey, feb. 06, 2023 (globe newswire) -- caledonia mining corporation plc (“caledonia” or the “company”) (nyse american: cmcl; aim: cmcl; vfex: cmcl) is pleased to announce an update to the ni 43-101 compliant mineral resources and reserves estimates at its 64 per cent owned subsidiary, the blanket mine in zimbabwe (“blanket”)1. the total measured and indicated mineral resources estimate (“m&i”) at blanket, inclusive of mineral reserves, has increased by fifty-two percent to 1,095,000 ounces of gold and the total mineral reserves estimate at blanket has increased by one percent to 395,000 ounces of gold, in each case as compared to the adjusted figures explained further below2.
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