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Caledonia Mining Corp
Symbol C : CAL
Shares Issued 507,899,280
Close 2012-10-04 C$ 0.09
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Caledonia Mining produces 12,919 oz Au at Blanket in Q3

2012-10-09 06:39 ET - News Release

Mr. Stefan Hayden reports

CALEDONIA MINING CORPORATION: BLANKET MINE THIRD QUARTER PRODUCTION UPDATE

Caledonia Mining Corp. has released gold production figures from the Blanket mine in Zimbabwe for the third quarter ending Sept. 30, 2012:

  • 12,919 ounces of gold produced during the third quarter of 2012, a 33-per-cent increase on gold production in the third quarter of 2011 (9,743 ounces) and a 12-per-cent increase on gold production in the second quarter of 2012 (11,560 ounces);
  • Total gold production for the nine months to Sept. 30, 2012, was 33,643 ounces, a 33-per-cent increase over the gold production in the first nine months 2011 (25,331 ounces).

Commenting on the third-quarter 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 third-quarter results on or before Nov. 15, 2012.

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