ST HELIER, Jersey, Oct. 11, 2023 (GLOBE NEWSWIRE) -- Caledonia Mining Corporation Plc ("Caledonia" or the "Company") (NYSE AMERICAN, AIM and VFEX: CMCL) announces gold production from the Blanket Mine in Zimbabwe ("Blanket") for the quarter ended September 30, 2023 ("Q3 2023" or the "Quarter"). All production numbers are expressed on a 100 per cent basis and are based on the final assay at the refiners.

Highlights

Quarterly gold production of 21,772 ounces, a new quarterly record for Blanket mine
An increase of three per cent on the 21,120 ounces produced in the corresponding quarter of 2022.
Gold produced in the nine months to the end of September was 55,244 ounces.
Caledonia reiterates its gold production guidance for 2023 of between 75,000 and 80,000 ounces1.
Commenting on the announcement, Mark Learmonth, Chief Executive Officer, said:

“I am pleased that Blanket is performing well and we have set a new quarterly production record. I look forward to achieving our guidance of between 75,000 and 80,000 ounces of gold for 2023. see & read more on
https://www.globenewswire.com/news-release/2023/10/11/2758039/0/en/Caledonia-Mining-Corporation-Plc-Record-Quarterly-Production-at-Blanket-Mine.html