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Caledonia Mining says Blanket Mine measured, indicated gold resources rise 22% to 2.18 million oz
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Caledonia Mining says Blanket Mine measured, indicated gold resources rise 22% to 2.18 million oz
  • Caledonia Mining lifted Blanket Mine underground measured and indicated resources 22% to 2,178,000 oz gold as of June 30, 2026.
  • Resource growth reflected 16% higher tonnes to 17,674,000, grade up to 3.83 g/t from 3.64 g/t previously.
  • Inferred underground resources fell 30% to 748,000 oz, mainly from conversion into higher-confidence categories.
  • Maiden surface indicated resource totaled 30,000 oz, including oxide and transitional material aimed at potential heap-leach processing.
  • Metallurgical tests showed up to 67% heap-leach recoveries; oxide mining could start in H1 2027, targeting 40,000 tonnes monthly.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Caledonia Mining Corporation plc published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 202608280200ACCESSWRNAPR_____1213546) on August 28, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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