Caledonia acquires option over another exploration prospect in zimbabwe

St helier, jersey, dec. 17, 2020 (globe newswire) -- caledonia mining corporation plc (“caledonia” or the “company”) (nyse american: cmcl; aim: cmcl) is pleased to announce that further to its announcement on december 10, 2020, that it had entered into an option agreement over glen hume, it has now entered into a further option agreement in respect of another area in zimbabwe. this option agreement gives the company the exclusive right to explore and subsequently, if exploration is successful and at its sole discretion, acquire the mining claims over an area known as connemara north, a property which, like glen hume, is situated in the gweru mining district in the zimbabwe midlands that has historically produced significant quantities of gold.
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