Caledonia Mining (CMCL) has released an update.
Caledonia Mining Corporation PLC reports a significant increase in mineral resources and reserves at its Blanket Mine in Zimbabwe, with mineral reserves up by 111% and mineral resources by 36%. The upgrade in estimates, which could extend the mine’s life beyond 2040, is a result of successful drilling programs. Concurrently, the company has filed its Annual Report on Form 20-F with the SEC and is also hosting a shareholder webinar to discuss these developments.
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