Caledonia Mining has unveiled initial findings from its Motapa exploration project in Zimbabwe, revealing extensive high-grade gold mineralization. Acquired in November 2022, this site shows promising results from the combination of diamond and reverse circulation drilling, supporting its role in the company’s expansion strategy adjacent to the Bilboes Gold Project.
Caledonia Mining Corporation Plc has reported promising initial results from its exploration program at the Motapa project, which was acquired in November 2022. This project is situated adjacent to the Bilboes Gold Project in southern Zimbabwe. The exploration has involved a combination of diamond drilling (DD) and reverse circulation drilling (RC) aimed at assessing the extension of sulphide mineralization beneath former oxide open pits. The exploration results have demonstrated significant gold mineralization and expanded the potential for future resource development. To date, the program has accomplished several objectives, involving 12,724 meters of trenching, 4,143 meters of diamond drilling, and 5,433 meters of reverse circulation drilling at various sites across the Motapa lease. Notably, results indicated extensive gold mineralization with significant high-grade findings across several areas, including the Jupiter, Pluvious, and Mpudzi sites. The drilling highlights include notable high-grade mineralization that will now be the focus of follow-up activities intended to define an opencast mineral resource. The Chief Executive Officer, Mark Learmonth, expressed optimism regarding the exploration results, emphasizing not only the promising grades but also the extensive strike widths and lengths observed. He highlighted that these findings underscore the role Motapa will play in the company’s ongoing development strategy as they aim to establish a new high-grade opencast gold mine adjacent to their existing operations at Bilboes.
Caledonia Mining Corporation Plc is actively exploring the Motapa project within the southern region of Zimbabwe. This area, which contains historical gold mining sites, has become increasingly attractive as the company seeks to enhance its resource base. The combination of advanced drilling techniques and the strategic location of Motapa adjacent to the Bilboes Gold Project positions the company for potential growth and expansion in gold production.
In summary, Caledonia Mining’s announcement of positive exploration results from the Motapa project signifies a significant advancement in their growth strategy. The extensive gold mineralization discovered across several key areas highlights the project’s potential as a future opencast mining site. Continued exploration and follow-up drilling are crucial to fully assessing and defining the resource potential of this area.
Original Source: www.globalminingreview.com
