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Stock impact report

Caledonia Mining Corporation Plc: Encouraging results from deep level drilling at Blanket Mine

Caledonia Mining Corporation Plc Common Shares (CMCL) 
NASDAQ:AMEX Investor Relations: caledoniamining.com
Company Research Source: GlobeNewswire
ST HELIER, Jersey, Jan. 30, 2024 (GLOBE NEWSWIRE) -- Caledonia Mining Corporation Plc ("Caledonia" or the "Company") (NYSE AMERICAN, AIM and VFEX: CMCL) is pleased to report further encouraging results from the deep level drilling programme at Blanket Mine which is currently evaluating the continuity of the mineralised zones on the Blanket and Eroica ore bodies in anticipation of delineating an increased overall resource.  These results follow the Eroica ore body drilling results published on July 10, 2023. A total of 7,652 metres of drilling from June 2023 to end of December 2023 indicates that the existing Blanket and Eroica ore bodies have grades and widths which are generally better than expected. Total drilling for 2023 was 13,280 metres. Highlights of the results include: Holes IdentifierOrebody NameOrebody IntersectionCore Length (m)True width (m)Grade (g/t)Orebody Intersection depth from surface (m)*E.O.H(m)From (m)To(m)ERC750EX2308ERCN_FW350.00358.408.40 Show less Read more
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