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Re: mortalmyth post# 3084

Thursday, 09/13/2012 11:04:36 PM

Thursday, September 13, 2012 11:04:36 PM

Post# of 5870
mortalmyth RE: NAMA >800 Sq.Km. large copperbelt & cobalt -
CALVF has identified 17 large anomalies (if my memo is right?)
all drill targets which will be drilled in the future and
CALVF only drilled a few of them also
note.

CALVF CEO said, that CALVF found the largest copper and
cobalt resource in the world
on the 1st anomaly drilled -

CALVF made a contract with a smelter but both of them
decided to wait with the mine development to the higher
cobalt prices cycle demand will be back on the world market
which will bring more profits to the bottom lines -
please, find some of the past CALVF N/R info recap below;


E.g.,
It has also been high demand for the Cu & CO recently
making the prices high -

NAMA has close to surface open pit deposits -
and has been in negotiations with miners to take the ore
for processing to concentrate and refining -

E.g.,
TORONTO, ONTARIO--(Marketwire - March 25, 2008) -
The following corrects and replaces the release sent today March 25, 2008 at 9:00amET for
Caledonia Mining Corporation.
There was some information missing in the first paragraph.
The complete release follows in its entirety.

Caledonia Mining Corporation
("Caledonia") (TSX:CAL)(OTCBB:CALVF)(AIM:CMCL)
is pleased to
announce its wholly owned subsidiary company

Caledonia Nama Limited
("Nama") has signed a fourth cobalt off-take agreement with a large Chinese refiner.

This now brings the contractual commitments for
the Nama Cobalt Project to a total of 51,560 tonnes (+/-10%
at Nama's option) of cobalt metal equivalent for 2009 and 2013,
and meets the full anticipated plant capacity currently
being designed.

Under the terms of this new agreement Nama will supply
a minimum of 16,000 tonnes of cobalt metal equivalent,
in the form of cobalt hydroxide, from the Nama Cobalt Project.

This agreement, in common with the previous agreements
announced on January 29 and March 11, 2008, specifies that
the price shall be based on the published monthly average
quotation for cobalt low grade in the London Metal Bulletin,
and has a guaranteed "Take or Pay" provision
at market related prices.

The Nama Cobalt Project is located in Northern Zambia.
Nama plans to commence mining Anomalies "A" and "C" using
open pit mining methods, pre-concentration and conventional
cobalt extractive technology.
Detailed mine planning is underway and the Company expects
to commence operations in early 2009.

Commenting on the announcement Stefan Hayden, President and CEO,
said "The signature of this fourth long term supply contract
effectively means that the current planned production capacity
at Nama is now fully committed for the next five years.

The signing of these four contracts conclusively demonstrates
the strong future demand for cobalt from China and confirms the
attractiveness of the Nama Project, as a primary cobalt
producer, to refiners.
Caledonia continues to progress the Nama Project towards
production as rapidly as possible."

Further information regarding Caledonia's exploration activities
and operations along with its latest financials may be found at
http://www.caledoniamining.com


FOR FURTHER INFORMATION PLEASE CONTACT:

Caledonia Mining Corporation
Stefan Hayden
President & CEO
+27 11 447 2499

Website:
http://www.caledoniamining.com

BuckBias
Alex Buck

+44 7932 740 452

RBC Capital Markets
Martin Eales

+44 20 7029 7881

Note. NAMA-NI-43-101
http://www.caledoniamining.com/pdfs/Nama-NI-43-101.pdf

TORONTO, ONTARIO--(Marketwire - May 6, 2008) -
Caledonia Mining Corporation
("Caledonia") (TSX:CAL)(OTCBB:CALVF)(AIM:CMCL)
has received and filed an Independent Technical Report,
compliant with the specifications and requirements of the
Canadian National Instrument 43-101, for the "D" resource
body of Caledonia's Nama Cobalt Project.

The NI 43-101 Report.

The Report, dated May 1, 2008, is by David Grant.
It can be viewed on
http://www.caledoniamining.com/technical.php
and on SEDAR at: www.sedar.com.

The new NI 43-101 report concludes that resource body "D" has
a potentially economic resource of cobalt and copper with
lesser quantities of nickel.
Drilling has traced the "D" resource body from outcrop to
a minimum depth of 116 metres below surface.

The report details an Indicated Resource of 9.2 million tonnes
at grades of 0.165% cobalt, 0.067% copper and 0.050% nickel,
containing 15,180 tonnes of cobalt, 6,100 tonnes of copper,
and 4,600 tonnes of nickel metal in-situ.

The above high grade zone of "D" lies in close proximity to,
and partly contiguous with, an Inferred Resource of 54.7 million
tonnes detailed in the table below. The evaluation is based
on 17 RC intersections with maximum hole spacing of 500 metres.

Exploration activities during the 2008 field season
will concentrate on upgrading the category and quantum of
the resources by closer spaced drilling within
Resource Body D. The area is divided into five separate Blocks.

Indicated & Inferred Resources in Resource Body "D"
Down to 50 metres below surface
----------------------------------------------------------------------------
Grade (% metal)
Resource ------------------------------
Category Block Tonnes Cobalt Copper Nickel
----------------------------------------------------------------------------
Indicated D1 (iron oxide) 9,197,000 0.165 0.067 0.050
----------------------------------------------------------------------------
Inferred D1 (iron oxide) 14,323,000 0.138 0.054 0.051
----------------------------------------------------------------------------
Inferred D2 (Peripheral) 9,617,000 0.041 0.019 0.017
----------------------------------------------------------------------------
Inferred D3 - D5 (elluvial) 30,772,000 0.040 0.021 0.015
----------------------------------------------------------------------------


The "Qualified Person" for the purposes of Canadian securities laws, Mr. David Grant BSc., MSc., Pr Sci. Nat., CGEOL, FGS, FGSSA, FSAIMM, has reviewed the technical content of the above portion of this release and is satisfied that it is an accurate reflection of the findings of the Independent Technical Report prepared by Applied Geology and Mining (Proprietary) Limited, whose Managing Director is Mr. Grant.

Management Comments.

In light of these new resource figures and the potential for the mining and stripping ratio to be considerably lower than that for resource bodies "A" or "C", Management is changing the focus of Caledonia's efforts to resource body D. A study, which is underway, has been expanded to incorporate resource body "D". Test work is currently being conducted on "D" with a view to rapidly finalizing the crushing, milling and metallurgical flow sheets and the associated operating parameters. A programme of closer spaced in-fill drilling will be conducted during 2008 with the objective of upgrading the inferred tonnage shown above to the Indicated category.

An Independent 43-101 compliant Report on resource bodies "A" and "C" was filed on April 16, 2007. It provides the following resource figures:

Combined Indicated Resources of Resource Bodies "A" and "C"
--------------------------------------------------------------------
Resource Body Tonnes % Co % Cu % Ni
--------------------------------------------------------------------
A 43,656,000 0.055 0.099 0.011
--------------------------------------------------------------------
C 78,218,000 0.043 0.012 0.019
--------------------------------------------------------------------
Total 121,874,000 0.047 0.043 0.016
--------------------------------------------------------------------
The above estimates were prepared at a 0.02% cobalt cut-off.


The "A" and "C" resource bodies contain larger tonnages, but lower grades than resource body "D". Internal calculations show the following comparative stripping ratios - which are much better for resource body "D":

--------------------------------------------------------------------
Resource body Est. Mining Rate Est. Overburden Stripping
Tonnes/year Tonnes/year
--------------------------------------------------------------------
"D1" & "D2" 6,000,000 2,000,000
--------------------------------------------------------------------
"A" 40,000,000 48,000,000
--------------------------------------------------------------------


Management believes the resources contained in the D1 indicated and inferred blocks of resource body "D", on their own, are considered, subject to the completion of satisfactory metallurgical test work, to be sufficient to fulfill a three year period of mining and production in terms of the existing five year off-take contracts for over 10,000 tonnes of cobalt metal per annum. Some of the resource bodies comprising the "D" resource, as defined by the report, remain open-ended on strike and/or down dip.

Caledonia's Nama Project is located on the northwestern flank of the Zambian Copperbelt, and covers a number of polymetallic oxide deposits containing cobalt, copper and nickel. In total 17 cobalt anomalies have been identified in the Nama Project area, of which five have been explored to varying extents, and three of which are now described as resource bodies with NI 43-101 compliant resources.

Approval of the Environmental Impact Statement ("EIS") covering the proposed two alternative routes for Nama power supply and for the new access road has been received from the Environmental Council of Zambia ("ECZ"). An EIS for the planned mining and metallurgical plant operations, covering resource bodies "A", "C" and "D", has been completed and submitted to the ECZ for approval.

Qualified Person:

The Qualified Person in relation to the Management Comments portion of this Release is Dr. Trevor Pearton, BSc Eng (Mining Geology), PhD (Geology) FGSSA, Vice-President, Exploration of the Company.

Further information regarding Caledonia's exploration activities and operations and its latest financials may be found at www.caledoniamining.com.

Certain statements included herein are "forward-looking statements". Management cautions that forward-looking statements are not guarantees and that actual result could differ materially from those expressed or implied in the forward-looking statements. Important factors that could cause the actual results of operations, exploration or development programs, or the financial condition of the Company, to differ include, but are not necessarily limited to, the risks and uncertainties discussed in documents filed by the Company with the various regulatory authorities having jurisdiction.


FOR FURTHER INFORMATION PLEASE CONTACT:

Caledonia Mining Corporation
Stefan Hayden
President & CEO
+27 11 447 2499

Website:
http://www.caledoniamining.com


BuckBias
Alex Buck

+44 7932 740 452

RBC Capital Markets
Martin Eales

+44 20 7029 7881

----

For Caledonia Mining Company Is It Now -

http://www.marketbust.com/2011/07/for-caledonia-mining-company-is-it-now.html

http://investorshub.advfn.com/boards/board.aspx?board_id=5294


CALVF NAMA Copper Res. compare to

ex....

Nchanga Open Pit Mine

The Open Pits at Nchanga Mine are situated in a crescent shaped
structure 11 km long around the municipal town of Chingola
in Zambia.


http://www.flickr.com/photos/11494107@N05/1302752869/
Covering nearly 30 km² it is the second largest open cast mine
in the world [1].

The deepest part of the pit is 400 m lower than the surrounding
plateau.

Open Pit mining at Nchanga started in 1955, in the main Nchanga
Open Pit.

Subsequently, nine medium sized open pits, called satellite
pits, have also been mined at one time or the other.

At present, mining is concentrated on the main Nchanga pit, with
satellite planned for future extensions, as economics and
processing technological developments unfold.
Together they are termed generically as the Nchanga Open Pits.
[edit]Nchanga Underground Mine

The Nchanga underground mine accounts for approximately 45%
of the total copper production at Nchanga.



CALVF Next door to the Nama deposit,
E.g., Brazilian diversified
mining giant Vale is building a $400-million mine at
Konkola North -

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=78761632&txt2find=nama

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=78669931&txt2find=nama

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=78374452

http://www.caledoniamining.com/nam1.php

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=73600957

http://www.proactiveinvestors.co.uk/companies/news/46628/caledonia-mining-boost-from-zambia-drill-results-46628.html

http://google.brand.edgar-online.com/EFX_dll/EDGARpro.dll?FetchFilingHTML1?ID=8590980&SessionID=ieVoFS_o2Hpo2D7

Caledonia has many hidden great assets;
put on the backburner for a later development etc.
ex. dd...

http://google.brand.edgar-online.com/EFX_dll/EDGARpro.dll?FetchFilingHTML1?ID=8590980&SessionID=ieVoFS_o2Hpo2D7

http://www.scribd.com/doc/61625784/Mining-Journal-Zambia



CALVF Insider Pinetree Capital Ltd major shareholder -
& Inwentash, Sheldon Chairman & CEO of Pinetree -

Insiders buying more Caledonia mining -


http://canadianinsider.com/node/7?ticker=CAL

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=78683901

http://www.caledoniamining.com/pdfs/CALPres08142012.pdf

CALEDONIA #1 SCOTTISH RIGHT WAY TO GO -

http://www.caledoniamining.com/pdfs/CALPres08142012.pdf

CALEDONIA Celtic Thunder -

http://www.youtube.com/watch?v=D0KZjmiL7xs
God Bless





My opinions are my own and and DD I post should be confirmed as unbiased

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