Gold, Precious & Base Metal Plays

[NYBob]

Caledonia Mining - Cheap Is Its Own Reward -



http://seekingalpha.com/article/1720432-caledonia-mining-cheap-is-its-own-reward

Caledonia Mining quarterly output rises 4%
By Ian Lyall October 07 2013, 7:59am

Caledonia Mining Corporation (CALVF, LON:CMCL, TSE:CAL)
saw production grow by almost 4% quarter-on-quarter in
the three months to September 30.



Output from its Blanket Mine in Zimbabwe was 12,042 ounces of
the precious metal compared with 11,588 ounces in Q2.

Production for the nine months was 34,103 ounces, a 1.4%
improvement on the same period last year.

Management has said previously Blanket is on course to produce
around 44,000 ounces in 2013, which would be 10% higher
than the previous guidance of 40,000 ounces.
Monday’s update suggests it will meet the revised target.

http://www.caledoniamining.com/pdfs/CALPres-09042013.pdf

http://www.caledoniamining.com/CALPres09082013.php



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