Caledonia Mining Corporation has reported “highly encouraging results” from its recent exploration programme at Motapa, an exploration project acquired in November 2022, located directly adjacent to the company's Bilboes Gold Project in southern Zimbabwe.
It was conducting diamond drilling and reverse circulation drilling at Motapa, designed to test the continuation of sulphide zones of mineralisation below the historic oxide open pits.
Caledonia said in addition, shallower drilling in new target areas has returned encouraging results both in shallower oxide and deeper sulphide zones.
It said results included significant high-grade gold mineralisation in numerous areas, which will now be the focus for follow-up drilling to define an open pit mineral resource.
"The results from the sampling at Motapa have delivered encouraging results in terms of strike width, length, and grade,” said Caledonia chief executive Mark Learmonth.
“The drill programme featured generally wide-spaced holes at several prospects on the Motapa lease area and highlighted the presence of widespread gold mineralization over a combined strike length of more than 9 km…these initial results confirm that Motapa will continue to form a key role in the company's growth strategy."
Mathew Nyaungwa, Editor-In-Chief, Rough&Polished, from Dubai, United Arab Emirates
