Farai Mabeza, Senior Staff Writer 
12
CALEDONIA says it has filed a new NI 43-101 technical report on SEDAR in support of Blanket Mine’s mineral resources and reserves estimates announced last month.
The company, the biggest gold mining outfit in Zimbabwe, recently said that at least 1,1 million ounces of gold could be contained in claims at the Gwanda-based unit, Blanket Mine.
Advertisements
This figure is twice the firm’s original estimate and places it among the biggest resource firms in the region.
“I am delighted to be publishing this report reflecting the completion of central shaft, which not only has increased M&I (measured and indicated) by 52 percent to over one million ounces, but also increased mineral reserves by one percent to
Subscribe to The Financial Gazette
This is premium content. Subscribe to read article.
Login if you have purchased
