Blanket Gold Mine achieves record daily production

RNS Number : 8358N

Caledonia Mining Corporation

08 September 2011

 



 

Blanket Gold Mine in Zimbabwe achieves record daily production.

Toronto, Ontario - September 8, 2011: Caledonia Mining Corporation ("Caledonia") (TSX: CAL, NASDAQ-OTCBB: CALVF, AIM: CMCL) is pleased to report that the Blanket Gold Mine ("Blanket") in Zimbabwe has broken its underground production record. 

On 6^th September 2011, Blanket's No 4 Shaft hoisted 1,220 tonnes of ore and a further 141 tonnes of ore were hoisted via the Lima Shaft. This daily total ore production of 1,361 tonnes is significantly higher than Blanket's target of 1,000 tonnes of ore per day and represents a new underground mining record for the mine, for which production records date back to 1906. 

Commenting on this news, Stefan Hayden, Caledonia's Chief Executive said: "This is a tremendous achievement by the management and employees at Blanket, who are to be heartily congratulated and bodes well for Blanket achieving its future production targets."

For more information, please contact:

Caledonia Mining	Collins Stewart Europe Limited
Mark Learmonth	John Prior / Sebastian Jones
Tel: + 27 11 447 2499	Tel: + 44 20 7523 8350
[e-mail]
Renmark Financial Communications Inc
John Boidman:  [e-mail]
Dustin Buenaventura: [e-mail]
Tel: [phone] or +1 416 644  2020
www.renmarkfinancial.com

 

 

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