Caledonia Mining Corporation: Blanket Mine Awar...

FOR:  CALEDONIA MINING CORPORATION

TSX SYMBOL:  CAL
OTC Bulletin Board SYMBOL:  CALVF
AIM SYMBOL:  CMCL

November 9, 2009

Caledonia Mining Corporation: Blanket Mine Awarded Exporter of the Year

TORONTO, ONTARIO--(Marketwire - Nov. 9, 2009) - Caledonia Mining Corporation ("Caledonia")
(TSX:CAL)(OTCBB:CALVF)(AIM:CMCL) is pleased to announce that its 100% subsidiary, Blanket Gold Mine in Zimbabwe
has been recognised with the "Exporter of the Year - Mining - Matabeleland Region" Award by the Zimbabwe
National Chamber of Commerce based on figures supplied by the Reserve Bank of Zimbabwe.

This award is testament to the hard work of the entire team at Blanket Mine and Caledonia Mining, and
vindicates the planning and implementation of the strategy whereby Blanket was rapidly able to restart and ramp-
up production. This award re-confirms Blanket's status as a significant participant in the Zimbabwean mining
industry.

For more information, please visit: www.caledoniamining.com

FOR FURTHER INFORMATION PLEASE CONTACT:

Caledonia Mining Corporation
Mark Learmonth
VP Corporate Development and Investor Relations
[phone]
[e-mail]
www.caledoniamining.com

OR

BuckBias
Alex Buck
[phone]

OR

RBC Capital Markets
Martin Eales
[phone]

Caledonia Mining Corp