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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 -

(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) 10/14/2014 06:59:44 AM
CALVF News: Report of Foreign Issuer (6-k) 10/07/2014 06:59:49 AM
CALVF News: Report of Foreign Issuer (6-k) 09/09/2014 12:13:24 PM
CALVF News: Report of Foreign Issuer (6-k) 09/08/2014 06:00:19 AM
CALVF News: Report of Foreign Issuer (6-k) 09/08/2014 06:00:18 AM
#3943  Sticky Note Caledonia Mining Presentations - 2014-09-0-2014 - Rodman and NYBob 10/14/14 12:05:26 PM
#3952   Gata Chris Powell: Gold to Be Revaluated Upwards NYBob 10/21/14 03:17:42 PM
#3951   Thanks I mis read earlier.Thought it was paid jsc52033 10/20/14 09:05:24 PM
#3950   This might help. CALVF nagoya1 10/20/14 08:34:01 PM
#3949   Div has not appeared in any of my jsc52033 10/20/14 08:29:54 PM
#3948   looks like the gaps filled jsc52033 10/18/14 09:37:13 AM
#3947   How Gold Prices Affect the Stock Market - NYBob 10/17/14 03:06:23 PM
#3946   100-YEAR CHART: Gold price vs Dow Jones shows NYBob 10/15/14 07:08:15 PM
#3945   Gold imports jump about 5-times in September on NYBob 10/15/14 10:11:17 AM
#3944   CALVF Hard Asset Gold & The Death of NYBob 10/14/14 08:16:47 PM
#3943   Caledonia Mining Presentations - 2014-09-0-2014 - Rodman and NYBob 10/14/14 12:05:26 PM
#3940   Ouch earnings drop, but it is dropin jsc52033 10/14/14 10:43:57 AM
#3939   Yes, time for the next cash dividend. mortalmyth 10/13/14 08:13:50 PM
#3938   The U.S. dollar is dying ? Dr. Jim NYBob 10/10/14 12:57:54 AM
#3937   thanks for the charts eom jsc52033 10/10/14 12:56:11 AM
#3936   GOLD$ In the chart below we can see NYBob 10/09/14 07:31:02 PM
#3935   Not sure the bottom is in on gold, jsc52033 10/09/14 11:13:13 AM
#3934   thanks Bob I thought there was to be one. jsc52033 10/09/14 11:11:00 AM
#3933   Caledonia Declares Fourth Quarterly Dividend - NYBob 10/07/14 03:38:42 PM
#3932   Gold made a triple bottom - its very NYBob 10/07/14 02:10:12 AM
#3931   Very interesting, tks NYBob. The only thing I otterman 10/06/14 05:59:53 PM
#3930   Harvey Organ- By December Whole Thing Going to NYBob 10/06/14 04:24:32 PM
#3929   There is a gap from back in Feb jsc52033 10/04/14 08:41:50 AM
#3928   imo that are the numbers the gobernment want goforthebet 10/03/14 04:33:18 PM
#3927   Could Roubini's $1,000 Gold Forecast Be Right? myopinion 10/03/14 04:32:27 PM
#3926   Dollar''s Relentless Rise Continues As Unemployment Hits myopinion 10/03/14 04:31:29 PM
#3925   $CALVF looses steam big time! Support broke. Next myopinion 10/03/14 04:25:29 PM
#3924   did I miss count? Wasn't the div to jsc52033 10/03/14 02:05:03 PM
#3923   Singapore to launch kilobar gold trading - NYBob 10/01/14 09:11:40 PM
#3922   Div should be paid today. jsc52033 10/01/14 09:28:29 AM
#3921   Harvey Organ- Dec. Gold $3,000/oz. UP $500 a NYBob 09/27/14 12:54:43 AM
#3920   OK do I understand this is what he jsc52033 09/26/14 06:08:13 PM
#3919   Harvey Organ- By December Whole Thing Going to NYBob 09/26/14 03:48:00 PM
#3918   Great gold stock... chevy56 09/25/14 10:14:01 AM
#3917   right. My chart reading is not perfect, jsc52033 09/24/14 09:40:45 AM
#3916   CALVF is going to kick some butt soon enough. nagoya1 09/23/14 10:39:35 PM
#3915   I am not sure the complete drop for jsc52033 09/23/14 09:01:48 AM
#3914   Gold rises from eight-month low on Syria to NYBob 09/23/14 08:12:19 AM
#3912   dito jsc52033 09/22/14 09:19:30 AM
#3911   dmb17 welcome to CALVF - With the stock NYBob 09/22/14 12:16:18 AM
#3910   i like this stock. dmb17 09/21/14 07:36:31 PM
#3909   International gold trading launched in Shanghai free-trade zone NYBob 09/18/14 05:32:06 PM
#3908   Precious Metals Summit Conferences LLC 2014, Caledonia Mining NYBob 09/15/14 03:25:28 PM
#3907   thanks gofort, Div again in 2015 and it jsc52033 09/15/14 10:12:35 AM
#3906   Webcast sept. 12, 2014 goforthebet 09/13/14 06:18:26 AM
#3905   $2000 Gold, Next Stop! 7-Year Gold Cycle Targets NYBob 09/12/14 10:32:04 AM
#3904   Caledonia Mining Corporation - The 99th Minesite forum - NYBob 09/05/14 12:42:30 PM
#3903   Caledonia Mining - Commodity-TV: Company Presentation - NYBob 08/27/14 03:17:45 PM
#3902   Great info NYBob, much appreciated. I got in otterman 08/27/14 02:54:01 PM
#3901   Commodity-TV: Company Presentation - Caledonia Mining - NYBob 08/27/14 02:37:16 PM
#3900   Shanghai Becoming Global Gold Hub And Gold Price NYBob 08/19/14 11:08:00 AM