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Caledonia Mining CEO on high-grade Motapa results, next steps to mineral resources estimate

Published: 09:15 10 Jun 2026 EDT

Caledonia Mining Corporation PLC (AIM:CMCL, NYSE-A:CMCL, VFEX:CMCL) CEO Mark Learmonth joined Proactive's Stephen Gunnion to discuss encouraging drill results from Caledonia Mining's Motapa gold project and its potential fit alongside the nearby Bilboes development.

Learmonth highlighted standout intercepts with some grades of up to almost 14g/t gold and some widths of up to 19 metres, supporting confidence ahead of a maiden resource estimate due in the third quarter. He also outlined the opportunity to leverage future Bilboes infrastructure, creating operational synergies that could enhance Motapa's development potential, while updating investors on upcoming production, financing and operational milestones.

The cautionary note concerning forward-looking information in the announcement applies to the content of this video.

Please see the announcement here.

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