Caledonia Mining - “Cash costs at the Gold mine are running at around $500/oz, which positions the company well to keep generating cash to self-fund expansion and pay dividends to shareholders. CAL has more than $25 million in cash in Western banks and NO DEBT --
Bo Polny lends insight on his forecast of $2000+ Gold in 2014. Interview was conducted at the annual Metals & Minerals Investment Conference in New York City at the Now York Marriott Marquis -
Caledonia Mining Corporation's Rooipoort Rights Mining Properties - are held by Maid ‘O the Mist, which is a wholly owned subsidiary of Caledonia CALVF.
Platinum Group Metals indicating they have a huge find of PALLADIUM on the North Limb of Bushveld -
This property adjoins Grass Valley of Caledonia Mining Corporation's Rooipoort Rights Mining Properties -
* The Rooipoort PGE/Au/Ni/Cu Prospect was aquired by Eersteling Gold Mines from Rustenburg Platinum, owned by Anglo Platinum Limited.
The property is located approximately 30 km southwest of the CALVF's Eersteling Gold Mine property and is located in an area that saw a surge in platinum group metal exploration along the "Platreef".
In 2004, Caledonia purchased and acquired prospecting rights over an additional 342 hectares on the farm Grasvally, immediately adjacent to and south of the Rooipoort property.
Caledonia has drilled > a total of 18,450 meters in 54 holes on the Rooipoort PGE/Au/Ni/Cu Exploration Project. This drilling covers the full 6 km strike length that makes up the project area. Estimated inferred resource is 18,128 million tonnes at a grade of 1,1-1,34 2PGE+Au.
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