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Charlotte business journal gold district
Charlotte business journal gold district









charlotte business journal gold district

This is above the bottom of the new Central Shaft and therefore any resources that are identified in this area will be served by the planned Central Shaft infrastructure.ĭiagram: Vertical Long Section of Blanket Mine, Showing the Main Orebodies, Mine Infrastructure, Highlighting (Inset Box) the Eroica zone Where Recent Drilling Has Taken Place Approximately 5,600m of drilling were completed between Januand approximately a further 12,900m are planned for the remainder of 2023.Īt the Eroica zone, drilling from an exploration drive on the 750m level of the mine has focussed mainly on converting inferred resources to indicated resources, in addition to drilling areas outside of inferred resources as the mineralization extends to depth, between 850m and 1150m below surface (see diagram below and Figure 1 in Appendix 1).

charlotte business journal gold district

Following completion of the Central Shaft and related infrastructure, deep level drilling resumed in January 2023 and is currently focussed on the Eroica ore body where a crosscut has been mined to allow optimal access to drill the deeper zones of the steeply-dipping ore body.

charlotte business journal gold district

The complete drilling results and locations are provided in Appendix 1 belowĭeep level drilling at Blanket Mine was suspended several years ago due to underground logistical constraints and the impact of Covid-19 on contractor operations. Orebody Intersection depth from surface (m) Highlights of the results include: Hole Identifier Initial results indicate that the existing Eroica ore body continues at depth with grades and widths being generally better than expected. Approximately 5,600 meters (“m”) of drilling have been completed between January 2023 and the end of May 2023. ST HELIER, Jersey, J(GLOBE NEWSWIRE) - Caledonia Mining Corporation Plc (“Caledonia” or the “Company”) (NYSE AMERICAN, AIM and VFEX: CMCL) is pleased to report encouraging results from the ongoing underground drilling program at Blanket Mine which currently targets depth extensions to the Eroica ore body.











Charlotte business journal gold district