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Re: SSKILLZ1 post# 97532

Tuesday, 05/17/2022 11:59:27 AM

Tuesday, May 17, 2022 11:59:27 AM

Post# of 113999
Have you read this part? "The reasons for this difference is due to mineral resources and mineral reserves estimates declared on the basis of Caledonia’s 64% attributable ownership of Blanket Gold Mine (versus the Blanket NI 43-101 Report prepared on a 100% consolidated basis), mining depletion during the two year period from the effective date of the Blanket NI 43-101 Report of January 1, 2020 to the effective date of the Annual Report of December 31, 2021, and that the Annual Report presents mineral resources exclusive of mineral reserves. Caledonia is in the process of generating an updated NI 43-101 technical report for Blanket Gold Mine, expected in the third or fourth quarter of 2022, with a revised mineral resources and mineral reserves statement to take account of depletions as well as generation and conversion due to geological data collated since January 1, 2020."

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