Caledonia Mining to boost Blanket with new gold zone
Caledonia Mining Corporation PLC (AIM:CMCL, NYSE-A:CMCL, VFEX:CMCL) has told investors that surface drilling at its Blanket mine in Zimbabwe has uncovered a previously unrecognised gold zone that could support a lower-cost heap leach operation alongside the existing underground mine. The K-Pits target contains both near-surface oxide material and deeper sulphide mineralisation.