Caledonia mining corporation plc resource and reserve update at the blanket mine

St helier, jersey, may 26, 2021 (globe newswire) -- caledonia mining corporation plc ("caledonia" or the "company") (nyse american: cmcl; aim: cmcl) is pleased to announce an upgrade to the mineral resource and mineral reserve base at its 64 per cent owned subsidiary, the blanket mine in zimbabwe ("blanket").1 total proven and probable mineral reserves increased by one per cent to 528,000 ounces (17 per cent increase including depletion of 84,925 ounces since last update) and a 12 per cent increase in total measured and indicated mineral resources (“m&i”) to 902,000 ounces (23 per cent increase including depletion).
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