October 09, 2012 04:59 pm
Caledonia Provides Blanket Mine Third Quarter Production Update
Tuesday , 09 Oct 2012 Caledonia Mining Corporation
Toronto, Ontario - October 9, 2012:
Caledonia Mining Corporation
("Caledonia") (TSX: CAL, NASDAQ-OTCQX: CALVF, AIM: CMCL)
announces gold production from the Blanket Mine in Zimbabwe
during the third quarter ending September 30, 2012.
12,919 oz of gold were produced during Q3 2012,
a 33% increase on gold production in Q3 2011 (9,743oz) and
a 12% increase on gold production in Q2 2012 (11,560oz).
Total gold production for the nine months to September 30, 2012
was 33,643oz, a 33% increase over the gold production in the
first nine months 2011 (25,331oz).
Commenting on the Q3 2012 production,
Caledonia's President and Chief Executive Officer, Stefan Hayden said:
"The record gold production achieved during the quarter is the
highest quarterly gold production ever achieved by
the Blanket Mine since its first recorded year of
production in 1906.
The management and staff at Blanket are to be
congratulated on this noteworthy achievement".
In future Caledonia will publish a quarterly production update
as soon as it is available after the end of each quarter.
Additional quarterly information will continue to be detailed in
Caledonia's Quarterly Reports.
Caledonia expects to release its Q3 results on
or before November 15, 2012.
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.
Caledonia Queen Sheba -
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