Caledonia Mining: Corporate Update on the Profitable Gold Producer in Zimbabwe

The first quarter of Caledonia Mining was good and fiscal year 2022 was also successful. This quarter's results are the first to reflect Caledonia's acquisition of the Bilboes Project which closed on January 6, 2023. The Blanket Mine experienced some technical problems in the first quarter. However, these have been resolved and both April and May went well. It continues to project annual production of 75,000-80,000 ounces for Blanket for 2023.

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