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Caledonia Mining reports maiden oxide resource with 30,000oz indicated at Blanket Mine

Caledonia Mining reports maiden oxide resource with 30,000oz indicated at Blanket Mine
Caledonia Mining unveils oxide results

Caledonia Mining has confirmed a maiden oxide resource at its Blanket Mine, with 30,000 ounces indicated and 14,000 ounces inferred from recent surface drilling.

The company said heap leach test work from the K-Pits oxide test pad has shown encouraging recoveries of up to 67 percent. More updates are expected as the testing programme progresses.

Caledonia Mining has recently detailed its multi-asset strategy and reported on exploration progress at its 2026 Capital Markets Day in New York. Earlier this year, CEO Mark Learmonth was scheduled to take part in a panel on building an investment-ready mining ecosystem in Zimbabwe at an industry event. The company continues to focus on expanding its resource base and operational footprint.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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