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Caledonia Mining Corporation (CALVF)

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Caledonia Mining Corporation


Caledonia is an African focused mining and exploration company with an operating gold mine in Zimbabwe, two platinum-nickel exploration projects in South Africa and a cobalt-copper exploration project in Zambia amongst its exploration portfolio in South Africa, Zimbabwe and Zambia .


Caledonia is listed on the TSX (CAL) Toronto and on AIM (CMCL) London.

Presentation welcome to CALVF -

CALVF's A target production rate of 100,000 oz per annum -

CALVF's BLANKET GOLD MINE Production Au 40,000 oz/year

A Profitable Gold Miner! (CAL:TSE) (CALVF:US) (AIM,LONDON:CMCL)

CALVF Production Cost Au $585.-- per ounce -

79th Minesite Forum - Caledonia Mining Corporation - Mark Learmonth -- 19/05/2011


Blanket Gold Mine


Located in the south-west of Zimbabwe Blanket Mine is wholly owned and operated by Caledonia, having been acquired from Kinross Gold Corporation in June 2006. The mine is 560 kms from Harare, the capital city and 150 kms from Bulawayo, the country's second largest city. The provincial capital of Matabeleland South, Gwanda town is 16 kms from the mine.

Access to the mine is by an all-weather tarred road to Gwanda, which is linked to Bulawayo by a national highway.

Blanket Gold Mine - Zimbabwe

The main railway line from South Africa passes through Gwanda. An airstrip on the outskirts of Gwanda caters for light aircraft.

Blanket mine has been producing gold since the time of the ancients. However recorded production started in 1904. Early workers tended to pick the native gold "eyes" from the pay shoots. Significant production milestones were in 1965 when Falconbridge acquired the property and immediately introduced a production culture commensurate with multinational corporations by increasing gold production to some 45 kgs/month on average and in 1993 when Kinross took over the property and built a CIL plant to add the treatment of the tailings pile to the run-of-mine ore. Gold production peaked at an average of 110 kg/month during the tailings treatment years from 1995. However tailings treatment is now completed.

To date in excess of 1 million ounces of gold have been produced from the property.


After being worked by the ancients before the 19th century, the Blanket claims were acquired by the Matabele Reefs and Estate Company who subsequently mined no less than 128 000t from 1906 to the end of 1911.

From 1912 to 1916, the Forbes Rhodesia Syndicate mined some 23,000t.

The period from 1917 to 1941 has no reliable records. It is possible the mine lay dormant as this was a period of geopolitical instability.

In 1941, F.D.A. Payne resumed mining activities accounting for some 214,000t before selling the property to Falconbridge in 1964.

The property became a significant producer from 1965 when the then new owners, Falconbridge, introduced a production culture commensurate with multinationals producing some four million tonnes of ore up to the end of September 1993, when Kinross Gold Corporation, took over the property.

Kinross immediately put into place a program of further increasing production by adding the treatment of the tailings dumps to the run-of-mine stream. By the end of 2005 the property had produced in excess of 1 million ozs of gold since records were kept.

Caledonia Mining Corporation acquired the Blanket Mine effective as at April 1, 2006.

Property Geology

The geology consists of a basal felsic unit of no known mineralisation presence.


It is generally on this lithology type that the various tailings disposal sites are located. Above this unit are the ultramafics that include the banded iron formations hosting the eastern dormant cluster and the ore bodies of the nearby Vubachikwe complex. The active Blanket ore bodies are found in the next unit, the mafics.

#1 Conveyor feeding the two Surface Primary Jaw Crushers

An andesitic unit caps this whole stratigraphy. A regional dolerite sill cuts the entire sequence from Vubachikwe through Blanket to Smiler.

Ore bodies at Blanket are epigenetic. They are associated with a later, regionally developed deformation zone characterized by areas of high strain, wrapping around relatively undeformed remnants of the original basaltic flows. It is within the higher strain regime that the wider of the ore bodies are located.

The tables below summarize the RESERVES AND RESOURCES at December 31, 2008
Cautionary Note to U.S. Investors - the United States Securities and Exchange Commission permits U.S. mining companies, in their filings with the SEC, to disclose only those mineral deposits that a company can economically and legally extract or produce. Caledonia uses certain terms in this website - and in some cases press releases - such as "measured", "indicated", and "inferred" "resources", which the SEC guidelines generally prohibit U.S. registered companies from including in their filings with the SEC. U.S. Investors are urged to consider closely the disclosure in our Form 20-F which may be secured from Caledonia, or on the SEC website at:
MINERAL RESERVES (@Au price US$750/oz)



Au g/t


Total Proven Ore including Pillars 1,295,000 3.88 161,400
Operating and Development Areas 2,498,000 3.78 303,400
Total Proven + Probable Ore 3,793,000 3.81 464,800
MINERAL RESOURCES (@Au price US$750/oz)



Au g/t


Indicated 531,500 3.91 66,800
Inferred 2,467,000 5.27 **
Tonnages and ounces are rounded to the nearest 100
Note ** In keeping with the requirements of NI 43-101, Inferred Resources are reported without estimates of metal quantities.
(i)  1 tonne = 1,000 kilograms = 2,204.6 pounds
Some numbers may not add due to rounding
Mr. David Grant, C. Geol., FGS, Pr. Sci. Nat., an independent consultant is the "Independent Qualified Person" for Blanket's reserves and resources as required by National Instrument 43-101 of the Canadian Securities Administrators. Mr Grant's Independent Report on Caledonia's acquisition of the Blanket Mine as required by NI 43-101 is available in the "Investor Centre-Technical Reports" section of this website. This report has also been filed on SEDAR and is available at

Page 1 * Page 2 * Page3


Caledonia Mining Corp. - Blanket Gold Mines Field &

Gold Fields Expansion and Development Projects -


Number 4 Shaft Expansion

Blanket Gold Mines -

has been producing gold since the time of the ancients time since

before King Solomon's Mines  :

Blanket Gold Mines commenced the production ramp-up to
the targeted annualized rate of 40,000 ounces of gold
by the end of 2010.

Caledonia Mining Corporation (CAL)
Exchange: Toronto Stock Exchange

Golden Valley

Eersteling Gold Mine
The 100% owned Eersteling Gold Mining Company Limited
is located 36 km south of the city of Polokwane in Limpopo Province of the Republic of South Africa, 300 km north of Johannesburg.
100% interest in Eersteling gold mine located 36 kilometers from the town of Polokwane in the rolling terrain of the Northern Province of the Republic of South Africa.  
 As of the December 31, 2005, the company had a gold resource estimate of 597,500 tonnes in the Eersteling Mine property

Location of the Eersteling Gold Mine on the map






The Eersteling Mine property has an area of 47,000 acres (19,020 hectares), extends for a distance of about 25 km and is located in the Pietersburg Greenstone belt which is of Archean age consisting of an upper and lower sequence. The upper sequence is mainly conglomerate, grit and sandstone and the lower sequence is undifferentiated mafic and ultramafic volcanic rocks and intrusives, with banded iron formation and chert. The Willemse shear feature most dominates gold mineralization in the Eersteling area.

European prospectors found the first alluvial gold deposits at Eersteling (Limpopo Province) between 1840 and 1870,,,,


Goedgevonden  - South Africa

The Corporation holds prospecting rights over the Goedgevonden diamond bearing kimberlite pipe and surrounding area. This property is located approximately 20km north of the Stilfontein gold mine in the Klerksdorp district of the North West Province in South Africa and 200km south west of Johannesburg.

In April 2005 an application for conversion of these rights was submitted in terms of the Mineral and Petroleum Resources Development Act ("MPRDA") and the rights were granted in December 2006.  An additional application for New Order Prospecting rights was submitted over an adjoining farm, Eleazar in June 2005.  It is expected that this application will be granted shortly as soon as documentary proof of BEE participation has been presented.


Previous prospecting activities carried out in the mid 1970's on Goedgevonden indicate that the pipe is oval in shape and covers a surface area of approximately 0.27 hectares.  This work also confirms that the pipe was drill intersected at a depth of 425 meters, and that further down-dip extensions remain undefined. Previous drilling reported an average diamond content of 35 to 45 carats per hundred tonnes of material ("cpht"), with one hole yielding 65 cpht.  The Corporation has not completed the work necessary to estimate a resource in terms of NI 43-101 for the Goedgevonden property.

A preliminary drilling program conducted in 2002 consisted of 7", 8" and 12" diameter reverse circulation drill holes, followed by the collection of the drill samples and diamond recovery.  Four holes were drilled in the centre of the pipe, three to a depth of 150 meters, and the other to 120 meters.  The three remaining holes were drilled to delineate the pipe in more detail.  All of the seven holes drilled entered the kimberlite at a depth of about 6 meters, and the four centrally-located holes were stopped whilst still in the kimberlite. A total of about 56 tonnes of drilling sample was collected and processed through a Van Eck and Lurie dense-media separation ("DMS") plant and wet Sortex machine. From the diamond recoveries it was confirmed that the Goedgevonden pipe was diamondiferous, and sufficient gem-quality diamonds were recovered to warrant a larger bulk sample. Geological interpretive work as well as detailed ground gravity and magnetometer surveys were completed during 2003 but there was no further exploration activity on this property as corporate resources were concentrated on the Corporation's other projects which were considered to be of higher priority in adding shareholder value.


Granting of the New Order Prospecting Rights (not yet signed) gives the Company security of tenure. Discussions are in progress with other parties with a view to realizing value by joint venture or disposal of the properties in the Goedgevonden Diamond Project.

Caledonia Mining Corporation

* The Rooipoort PGE/Au/Ni/Cu Prospect was aquired by
Eersteling Gold Mines from Rustenburg Platinum,
owned by Anglo Platinum Limited.

The property is located approximately 30 km southwest of
the Eersteling Gold Mine property and is located in an area
that saw a surge in platinum group metal exploration along
the "Platreef".

In 2004, Caledonia purchased and acquired prospecting rights
over an additional 342 hectares on the farm Grasvally,
immediately adjacent to and south of the Rooipoort property.
To date Caledonia has drilled a total of 18,450 meters in
54 holes on the Rooipoort PGE/Au/Ni/Cu Exploration Project.
This drilling covers the full 6 km strike length that makes
up the project area. Estimated inferred resource is
18,128 million tonnes at a grade of 1,1-1,34 2PGE+Au.

Native Gold
Eersteling mine, Pietersburg, South Africa

Eersteling Monuments
Region: Polokwane - Capricorn

Address: 18km from Polokwane on the N1 to Makopane

The site of the country's first gold crushing site and its first gold power plant are marked by monuments.

Eersteling also played a significant part in history, at the siege of Marabastad on 17 March 1881. The Boers brought in two old boats, with obsolete guns, and used handmade ammunition.

The round shot ammunition was handcrafted from beaten iron, beaten iron that came from the Eersteling Mining Company.

Caledonia Mining Corporation -
a Canadian registered mining, exploration, development
a Gold & Silver production corporation -
owns a diversified portfolio of carefully selected,
high quality mines and exploration properties -
in Southern Africa and Canada.

Caledonia Mining Corporation
Sector: Mining and Metals
Industry: Mining

Interview With:
Stefan Hayden
President and CEO
Dated February 01, 2008

In June 2006 Caledonia Mining acquired -
The Blanket Mines in Zimbabwe -

Mineral Reserves total 3.2 million tonnes with an average
grade of 4.24 grams per tonne and contain 439,600 ounces
of Gold.

Blanket Gold Mines commenced the production ramp-up to
the targeted annualized rate of 40,000 ounces of gold
by the end of 2010.

Blanket has claims and exploration permits in the vicinity of the existing mine operations.
Blanket intends to undertake exploration on these areas to assess their suitability for further
development as potential satellite operations, feeding crushed ore into the existing
Blanket milling and CIL plant.
Blanket claim incl. many past gold producing gold mines operations ...

Higher target ;)


Higher target ;) by tocotuga

Caledonia's two South African Gold mines have a total measured
and indicated Gold resource of 470,500 ounces and an
additional inferred resource of 2.0 million ounces -
They have considerable potential for additional Gold resources.
Active exploration is ongoing on the highly prospective
Rooipoort Platinum Project and the Eersteling Gold Mines.

Caledonia Mng. is involved in diamond exploration itself and
in Joint Ventures with major mining companies in Zambia
and Canada.

Caledonia also holds a large land position on and around the
prolific Zambia Copperbelt on which exploration continues
for copper and cobalt -

Caledonia is an African focused mining company with an exciting
cobalt development project in Zambia -

Nama Cobalt Project
Nama Group of Licences - Zambia
This group of five contiguous licences covers an area of 1,150 square
kilometres on the northern extension of the Zambian Copperbelt
and hosts open-pittable near-surface low grade cobalt /copper

Caledonia Nama Limited -
a wholly owned subsidiary of Caledonia, holds five contiguous
exploration licences in northern Zambia which host near-surface
cobalt/copper mineralization.

This area lies immediately north west of the operating
Konkola Copper mine and adjoins the extensive holdings of
Teal Mining and Exploration Limited.

In November 2006 the Zambian authorities agreed to grant a
Retention Licence to Caledonia Nama Limited in order to
enable the Company to conclude the detailed evaluation of
mineral resources outlined by earlier work.
This Retention Licence covers an area of 80,625 hectares -

Caledonia's cobalt property is called the Nama Cobalt Project.

The NI-43-101 technical report concluded that the combined
Indicated Resource for #1 Anomalies A and C at Nama -
is estimated as 121,874,000 tonnes with a weighted
average grade of 0.047% Co and 0.043% Cu.
The Nickle portion is approximately 0.015%.

This is #1 Anomalies A and C at Nama -
small area of a the large rich copperbelt property -
only one of Caledonia's many properties -

This property alone has an estimated resource of -
114,561,560 lbs of cobalt -
104,811,640 lbs of copper -
and 36,562,200 lbs of nickel -
At today's prices of $46.25/lb for cobalt -
$3.27/lb for copper -
$13.26/lb for nickel -
the - estimated total ore-value -
of $6,126,020,985 U.S. dollars -

The Nama Cobalt Project in Zambia -
A World Class Deposit -

Caledonia Mining about to open a unique property -

Caledonia Mining CALVF/CAL Cobalt market price -

1 year chart of Copper, Gold and Molybdenum prices:

CAL BigChart Long Term LT -

CALVF BigChart 20 year Long Term -

CALVF:Nasdaq OTCBB SChart Daily 3 year Long Term -

CALVF TA LT Fib - correction 62% done -

CALVF TA LT - oversold - undervalued -
New LT trends often +162% of previous
correction is overdue -

CAL:TSX 3mon. Short Term Chart -

CALVF:Nasdaq OTCBB SChart Daily 6 mon. Short Term -

CAL:TSE SChart Daily 6 mon. Short Term -

[email protected]
(905) 607-7543
(905) 607-9806

The Caledonia Mining Corporation Stock:


T.CAL MSP Detailed Quote -

Caledonia Mining Corporation (CAL)
Exchange: Toronto Stock Exchange

CALVF MSP Detailed Quote -

Caledonia Mining Corp. (CAL:TSX) -

CAL TA is ready for a LT Bull wave -

history often repeat itself -

Caledonia Mining Corp. DD ...

Caledonia Mining CALVF/CAL Cobalt market price -

Gold Spot - Au & Ag The Only Real Money -

GOLD  Spot One Year -

Gold higher lows and Higher Highs - tells the golden truth about REAL OLD GOLDEN MONEY -

Masons -

The Day The Fiat Dollar Die -
- a person / or a nation / be bankrupt -
- about the same for all, will be said -

it has happen to all fiats before -
e.g. -
not to long ago to USSR, Zimbawe, Argentina,
Germany etc. btw. -
Gold & Silver have replaced every fiat currency
for the past 3000 years -

well, good to have some Caldera -
survival food on the shelves smile

Fiat Money Will Die 2011? - 

Welcome to join and enjoy Caledonia Mining -
InvestorsHub forum...
tell us your opinion and
ask your questions...
Imo. Tia.

More info about Gold & Silver Poducers -

Precious Metals Spot Price's -


The super red banksters cults -
Rothschilds World Part 1 "Glen, Rush, Michael...Here's to you boy's"

Rothschild World Part 2 "The Deep Dark Secret"


Rothschild World Part 3 "All Enemies both Foreign and Domestic"

Money Masters: Federal Reserve History part 1 of 3

Money Masters: Federal Reserve History part 2 of 3

Money Masters: Federal Reserve History part 3 of 3

A good presentation of market is explaned -
in below link -

Before the U.S. House of Representatives -
The End of Dollar Hegemony -

Welcome to Caledonia Mining Corporation discussion board
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Current Price
Bid Ask Day's Range
CALVF News: Report of Foreign Issuer (6-k) 01/11/2017 07:11:04 AM
CALVF News: Report of Foreign Issuer (6-k) 01/04/2017 01:57:50 PM
CALVF News: Report of Foreign Issuer (6-k) 01/04/2017 08:12:51 AM
CALVF News: Report of Foreign Issuer (6-k) 01/03/2017 07:15:23 AM
CALVF News: Report of Foreign Issuer (6-k) 12/14/2016 09:49:02 AM
#4618  Sticky Note Caledonia Mining Corporation CALVF - NYBob 03/16/16 07:27:51 PM
#5170   GOLD Price: 1,212.96 +17.66 +1.48% TPX 01/17/17 01:17:27 PM
#5169   Hedge Funs back into Gold...wonder why???. chevy56 01/16/17 11:28:31 AM
#5167   CALVF News! Caledonia Mining Corporation Plc: Record gold NYBob 01/13/17 12:58:14 PM
#5166   NYBob, Looking good.... chevy56 01/12/17 12:57:26 PM
#5165   NYBob, God Bless America..... chevy56 01/11/17 05:29:37 PM
#5164 - NYBob 01/11/17 05:19:31 PM
#5163   NYBob, In the hearts of many Americans, what chevy56 01/11/17 04:29:08 PM
#5162   5 Month Before Kennedy Assassination He SIgned Executive NYBob 01/11/17 03:59:45 PM
#5161   Thanks for the update.... chevy56 01/11/17 11:39:39 AM
#5160   CALVF News! Caledonia Mining Corporation Plc: Record gold TPX 01/11/17 04:14:09 AM
#5159   Thanks NYBob, chevy56 01/10/17 09:23:37 PM
#5158   Trump Moves To ABOLISH The Federal Reserve And NYBob 01/10/17 08:17:58 PM
#5157   Caledonia Mining Corporation Plc: Notification of holdings in chevy56 01/10/17 11:20:55 AM
#5156   Caledonia Mining Chief Operating Officer Sold 100,000 Shares myopinion 01/10/17 10:14:35 AM
#5155   Gold Prices Outlook for 2017 and Beyond: Massive TPX 01/07/17 12:31:17 PM
#5154   Yes! Looks good! TPX 01/06/17 09:11:22 AM
#5153   hey friend how are you. jpowellvlc 01/06/17 09:04:13 AM
#5152   Canadian market starts 2017 with triple-digit gain TPX 01/04/17 03:42:12 PM
#5151   Ei Friends i am New here . At jpowellvlc 01/04/17 10:17:08 AM
#5150   CALVF Caledonia Mining Corporation Plc: Notification of holdings TPX 01/04/17 09:23:50 AM
#5149   Allan Gray continues to buy. Kentucky123 01/04/17 07:50:48 AM
#5148   Chart... chevy56 01/03/17 11:10:42 AM
#5147   Happy New Year NYBob, chevy56 01/03/17 08:45:50 AM
#5146   CALVF Caledonia declares quarterly dividend of 1.375 cents TPX 01/03/17 06:29:30 AM
#5145   NYBob, chevy56 12/31/16 10:17:34 PM
#5144   will buy more CALVf at 50 slated shotgun 12/31/16 07:53:52 PM
#5143   Gold Setting Up For A New Year's Surge? NYBob 12/30/16 07:24:50 PM
#5142   something nice just happened. calvf up 15% treefroggy 12/30/16 04:07:55 PM
#5141   Gold Surges Above $1,150, Mining Stocks Rocket Higher…Time NYBob 12/30/16 11:32:01 AM
#5140   May all our gifts be gold an silver... chevy56 12/29/16 12:10:23 PM
#5139   Gold Price: A Significant Rally Begins - NYBob 12/29/16 12:01:35 PM
#5138   NYBob, Happy Holidays, chevy56 12/29/16 11:16:53 AM
#5137   Thank you so much uther3055 12/29/16 10:34:30 AM
#5136   uther3055 good Q. but it hasn't been as NYBob 12/29/16 10:30:09 AM
#5135   Trump’s Pick for Budget Chief Liked Gold, Had NYBob 12/29/16 10:08:50 AM
#5134   When is the next div uther3055 12/29/16 09:08:37 AM
#5132   I agree....... chevy56 12/28/16 10:19:43 AM
#5131   when this hits 50 cents, I'll buy some shotgun 12/22/16 10:24:35 PM
#5130   NYBob, Good read taken from another board... chevy56 12/21/16 05:07:37 PM
#5129   NYBob, We should get a 4th QTR. update chevy56 12/20/16 06:54:40 AM
#5128   Still thinking this is a bullish chart, especially NYBob 12/20/16 01:36:15 AM
#5127   Stock Chart... chevy56 12/19/16 10:47:45 AM
#5126   NYBob, Great run this time, looking forward to the next.... chevy56 12/18/16 09:10:01 AM
#5123   chevy56 thank you, RE: Was a helluva run NYBob 12/15/16 05:18:04 PM
#5122   CALVF Blanket mine produces 23% MORE FOR Q3 - chevy56 12/15/16 04:41:14 PM
#5120   Thanks NYBob, chevy56 12/14/16 06:46:56 PM
#5119   Bob, I do not watch or listen to Bix Kentucky123 12/14/16 06:10:50 PM
#5118   The fiat banksters 666 System Is Set To NYBob 12/14/16 05:00:56 PM
#5117   GOLD PRICE COVERUP: GOLD'S REALLY $3000/OZ? / Dr. NYBob 12/14/16 03:48:11 PM
#5116   $CALVF > Caledonia Mining Chief Operating Officer Sells myopinion 12/14/16 12:23:30 PM