Caledonia Mining Corporation (CMCL)

[NYBob]

CALVF Special Shareholders Meeting Jan. 24, 2013 -



TORONTO, ONTARIO--(Marketwire - Jan. 14, 2013) -

Caledonia Mining Corporation
("Caledonia") (TSX:CAL)(OTCQX:CALVF)(AIM:CMCL) is pleased to
announce gold production from the Blanket Mine in Zimbabwe
("Blanket") during the fourth quarter ending December 31, 2012
(the "Quarter") and for the 2012 calendar year.

11,980oz of gold were produced during the Quarter,

a 14% increase on gold production in Q4 2011
(10,533oz) and a

7% decrease on Blanket's record quarterly gold production
in Q3 2012 (12,919oz).

Total gold production for the 12 months to December 31, 2012

was 45,623oz,

a 27% increase over the gold production
in the 12 months to December 31 2011 (35,826oz).

Commenting on the Q4 2012 production,
Caledonia's President and Chief Executive Officer, Stefan Hayden
said:
"As anticipated and as previously advised, gold production in Q4
was lower than in Q3 as the achieved grade returned towards the
long term average of 3.84g/t.

The production of 11,980oz achieved in Q4 is an excellent
performance by Blanket and is 16.5% higher than the targeted
production of 10,000 oz/quarter.

Production for the whole of 2012 of over 45,600oz is a new annual
production record for Blanket and reflects the outstanding
performance of Blanket's management and staff during the year with
its multitude of challenges."

Caledonia expects to release its Q4 and 2012 full year results
on or before March 31, 2013.

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

Contact Information:
Caledonia Mining Corporation
Mark Learmonth
+ 27 11 447 2499
[e-mail]
http://www.caledoniamining.com


Canaccord Genuity Limited
Andrew Chubb / Sebastian Jones
+ 44 20 7523 8000


Newgate Threadneedle
Beth Harris / Adam Lloyd
+ 44 20 7653 9850


CHF Investor Relations
Jeremy Hill
+ 1 416 868 1079 x 222
[e-mail]

http://www.caledoniamining.com/pdfs/CALPres-01142013.pdf

Edison Investment Research is widely recognised as a leading
international independent investment research company -

http://www.edisoninvestmentresearch.co.uk/

Corporate services include

http://www.edisoninvestmentresearch.co.uk/search

http://www.caledoniamining.com/pdfs/CALPres-01182013.pdf

CALEDONIA Celtic Thunder -

history often repeat itself -



CALVF holding many hidden great PM hard treasure assets -




Queen Sheba had plenty of GOLD

God Bless