Caledonia Strengthens Management Team,
Installs Additional Circuit at Barbrook and
Outlines Platinum Exploration Program
Wednesday November 19, 12:10 pm ET
TORONTO--(BUSINESS WIRE)--Nov. 19, 2003-
-Caledonia Mining Corporation ("Caledonia")
of Toronto (OTCBB:CALVF - News;
TSX:CAL - News) is pleased to announce strengthening
of the Corporation's management team with
the appointment
of Jacques du Plessis as General Manager of
South African operations.
Mr. du Plessis is a graduate mining engineer and
holds BSc and MBA degrees.
He has extensive experience in the South African mining industry including 15 years
in managerial positions.
His experience includes managerial experience in
the Greenstone mines in the Barbrook area.
Most recently Mr. du Plessis was General Manager of
the mine contracting division of the largest South African
construction company.
He will be responsible for all activities at Caledonia's
Barbrook and Eersteling Gold Mines and tasked specifically
with the recruitment and upgrading of personnel for
the South African operations.
At the Barbrook Gold Mine the grade of ore mined and
delivered to the plant to-date has exceed the predicted
grade of 6 grams/tonne.
An Imhoflot cleaner section has been installed and
commissioned in the flotation circuit in order
to further upgrade the grade of the flotation concentrate
and improve the gold leaching recovery in
the Resin-in-Leach (RIL) circuit.
The Rooipoort Exploration Project,
approximately 8 kilometres south of Potgietersrus and
about 30 km southwest of Caledonia's Eersteling Gold Mines
in the Limpopo province of South Africa is considered
to be highly prospective for platinum deposits.
A desk study based on high-resolution airborne geophysics,
the down-dip drilling on the adjacent farms undertaken
by Anglo Platinum/JCI and Falconbridge during the 1970's,
and other historic exploration on adjacent farms was
completed during the 2nd quarter 2003.
Drilling commenced at Rooipoort on 15th September 2003 to
test the stratigraphy of platinum group metal potential
along the previously unexplored 6 km strike of
Bushveld Complex rocks on this property.
The drill holes (please refer to the map on the second page
of this press release) have been sited to test the largely
unexposed stratigraphy and are based on the results of
the desk study and the results of reconnaissance traverses
completed during this program.
A proposed trenching program was abandoned due to the depth
of soil and colluvium (3- 15m) in the area.
Three drill rigs are currently operating and
eight drill holes have been completed.
The 15 hole drilling program is expected to be completed
by the 12th December 2003 when the drillers break
for their annual holidays.
The current stratigraphic drilling has intersected
mineralization and confirms the presence
of "Merensky"-like platinum mineralization on the property.
Mr. John L Blaine, Professional Geologist and
Consulting Geologist is Caledonia's project manager
of its Rooipoort Platinum Project and is responsible
for its design and conduct of the exploration program.
Petrographic verification of rock types continues
and the assaying of systematically sampled drill core
is being conducted at SGS Lakefield laboratories
in Johannesburg.
Check assays will be conducted by the outside
laboratories of either Genalysis (Perth, W. Australia)
and/or ALS Chemex (Toronto, Canada).
A full synopsis of this is expected early in 2004.
The 2004 drilling programs are scheduled to commence
during February 2004 and will be focussed on
the development of resource estimates, which
once compiled, will be confirmed by an
independent consultant.
Caledonia will continue to keep Investors updated
as to the exploration progress on
the Rooipoort Platinum Exploration Project.
After considerable bureaucratic delays the
exploration permit for the Goedgevonden diamond
property was issued on the November 18, 2003
by the South African authorities.
As a result the bulk sampling of the Goedgevonden
kimberlite pipes has had to be deferred until early
in the second half of 2004 when lower water table
conditions are expected to allow large diameter
drilling on the property.
Surveying of the Goedgevonden kimberlite has indicated
the existence of a northward extension to
the known pipe, potentially increasing its size
by some 30% that has never previously been tested.
A further survey was conducted over an area
of 1500m by 1200m on the farm Eleazar 377IP located
some 5 km north east of Goedgevonden.
This survey, centered over a prominent pan
(shallow depression) has shown the existence of
a residual Bouguer gravity anomaly
measuring 200m by 300m, that may be indicative
of the presence of a previously unknown
kimberlite.
Full compilation of all historical data is in
progress to combine with this recent work
prior to siting of drill holes to test
these new targets, before completing plans
for bulk sampling of the kimberlite(s).
Caledonia's Third Quarter report will be issued
and posted on Caledonia's website on or
before Friday November 28th 2003.
You are invited to visit Caledonia's redesigned
website at
http://www.caledoniamining.com....
The website provides information on
Caledonia's Corporate activities,
Financial Reports,
Press Releases,
Property Descriptions and Maps showing
Caledonia's worldwide projects.
For the map entitled ' Rooipoort Platinum Project,
Interpreted Geology & Drilling Progress',
please see
the CCNMatthews website at:
http://www2.cdn-news...000/cal1119.pdf
Further information regarding Caledonia's
exploration activities and operations along
with its latest financials may be found
on the Corporation's website
http://www.caledoniamining.com
Contact:
Caledonia Mining Corporation
South Africa:
S. E. Hayden, (011-27-11) 447-2499
Fax: (011-27-11) 447-2554
Canada:
James Johnstone, 905-607-7543
Fax: 905-607-9806
or
Chris Harvey, 905-607-7543
Fax: 905-607-9806
Source: Caledonia Mining Corporation
---
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