Caledonia Mining Corporation Plc - Correction to announcement regarding publication of Annual Report on Form 20-F exhibiting Technical Report Summaries

Friday, April 28, 2023 7:20 AM PDT
GLOBENEWSWIRE

ST HELIER, Jersey, April 28, 2023 (GLOBE NEWSWIRE) -- Caledonia Mining Corporation Plc (NYSE AMERICAN: CMCL; AIM: CMCL; VFEX: CMCL) (“Caledonia” or the “Company”) announces that further to its announcement this morning that it is today filing with the U.S. Securities and Exchange Commission on EDGAR the Company’s Annual Report on Form 20-F for the fiscal year ended December 31, 2022 (the “Annual Report”), minor calculation errors in grade numbers in the last row (Grand total) in the first table in the announcement, being the comparison of the subpart 1300 of Regulation S-K measured, indicated and inferred mineral resource estimates as at December 31, 2022 with those of December 31, 2021 at the Blanket Gold Mine, have been identified.

The corrected table is as follows, with the changed grade numbers and variance underlined for ease of reference:

 December 31, 2022December 31, 2021% Variance
Mineral Resource ClassificationTonnes AuOunces Tonnes AuOunces Tonnes AuOunces
ktg/tkozktg/tkozktg/tkoz
Measured Total1,8553.101855542.8048235%11%282%
Indicated Total2,3632.892201,5852.7814249%4%55%
M&I Total4,2182.984052,1392.7719097%8%113%
Inferred Total5,7482.925395,4193.175526%-8%-2%
Grand total9,9672.949447,5583.0674332%-4%27%

Enquiries:Caledonia Mining Corporation PlcMark LearmonthCamilla HorsfallTel: +44 1534 679 800Tel: +44 7817 841 793
  
Cenkos Securities plc (Nomad and Joint Broker)Adrian HaddenNeil McDonaldPearl KellieTel: +44 207 397 1965Tel: +44 131 220 9771Tel: +44 131 220 9775
  
Liberum Capital Limited (Joint Broker)Scott Mathieson/Kane CollingsTel: +44 20 3100 2000
  
BlytheRay Financial PR (UK)Tim Blythe/Megan RayTel: +44 207 138 3204
  
3PPB (Financial PR, North America)Patrick ChidleyPaul DurhamTel: +1 917 991 7701Tel: +1 203 940 2538
  
Curate Public Relations (Zimbabwe)Debra TatendaTel: +263 77802131
  
IH Securities (Private) Limited (VFEX Sponsor - Zimbabwe)Dzika DanhaTel: +263 (242) 745 119/33/39

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