Replies to Post #775 onPenny Gold Miners

Replies to #775 on Penny Gold Miners

11/10/11 12:14 PM

#777 RE: NYBob #775

Out today - Caledonia Mining 2011 Third Quarter Results http://tmx.quotemedia.com/article.php?newsid=46015428&qm_symbol=CAL

Operational Highlights

Gold produced by the Blanket Mine in Zimbabwe in the Quarter increased by 18% to 9,743 ounces from the 8,226 ounces produced in the 2nd quarter 2011 (the "preceding quarter") and was 97% higher than the 4,935 ounces of gold produced in 3rd quarter 2010 (the "comparative quarter"). This is the sixth consecutive quarterly increase in gold production.

Average gold recovery increased to 93.1% from 92.9% in the preceding quarter and from 91.3% in the comparative quarter reflecting the benefits from investment in improvements to the milling and Carbon-in-Leach ("CIL") circuits.

Cash operating costs at the Blanket Mine in the Quarter were US$583 per ounce of gold produced compared to US$585 in the preceding quarter and US$651 in the comparative quarter.

CALVF Caledonia Mining Corp. (.11) 30-40 thousand ounce per year gold producer based in Zimbabwe.

Website: http://www.caledoniamining.com/index.php

TSX Ticker CAL: http://tmx.quotemedia.com/quote.php?qm_symbol=cal

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

NYBob

01/14/13 1:32 PM

#1788 RE: NYBob #775

Caledonia Mining confirms record annual production at Blanket

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

7:38 am by Philip Whiterow

Total gold production for 2012 was 45,600 ounces, a 27% increase over 2011’s 35,800 oz.

Caledonia Mining’s (LON:CMCL TSE:CAL)

Blanket Mine in Zimbabwe notched up a new annual production record
in 2012,
despite output easing slightly in
the last three months of the year.

Total gold production for 2012 was 45,600 ounces (oz), a 27% increase over 2011’s 35,800 oz.

Blanket’s quarterly production to December of 11,980 oz
was lower than
the record 12,919 oz achieved in the previous three months,
but was a 14% increase on the previous year’s fourth quarter.

Stefan Hayden, Caledonia's president and chief executive 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 3.84 g/t [grams per tonne].

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

Caledonia recently unveiled plans to increase production at
Blanket by 90% to 76,000 ounces annually
over the next three years.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=83401257

http://www.caledoniamining.com/

Caledonia Mining also listed @
London AIM: CMCL / calvf now at 7.5p = $0.126

CALVF TA Alert Golden Cross -

CALVF NO DEBT and Holding more than $25 million in cash
outside Zim and earn & add about $5 million profit / quarter -
to its $Cash holdings :-)
God Bless