Each one in plain English, with the numbers worked through for a shareholder.
23 July 2026drilling result▲ GoodMajor
Caledonia reported surface drilling at its Blanket mine (K-Pits area) that found near-surface gold in both oxide and sulphide rock, in a zone it says may be a new orebody about 200 metres east of the nearest projected underground orebody. Highlights include 23 m at 2.61 g/t (oxide) and 16 m at 6.04 g/t (sulphide), all down-hole lengths, from 155 reverse circulation holes (7,063 m) and 13 trenches drilled in 2025. Metallurgical tests on whether the oxide material suits heap leaching are underway with 'encouraging' preliminary results; if recovery is acceptable, the CEO intends a 10,000-tonne trial heap leach in the second half of 2026. The updated Blanket resource statement, earlier expected 'during 2026', is now expected in August 2026, and follow-up drilling is planned. No resource figures, costs or recoveries are given, so the size and value of the zone are not yet known.
Caledonia reported 2025 drilling results from Motapa, the exploration property next to Bilboes acquired in 2022, with the highlights including 19 m at 8.08 g/t and 6.38 m at 13.95 g/t at Motapa North (down-hole lengths). It says mineralisation continues over about 6 km and that Motapa could extend Bilboes mine life. It expects a first resource estimate for parts of Motapa in Q3 2026. The release also states Bilboes proven and probable reserves of 1.75 million ounces (24.1 Mt at 2.26 g/t) and targets first gold from Bilboes in Q4 2028; these fill gaps in earlier filings, which lacked reserves.
Caledonia refiled the Canadian-format Bilboes feasibility study report after Ontario Securities Commission staff found some listed authors did not qualify as qualified persons under Canadian rules. DRA replaced them, and the updated report was filed on SEDAR+ the day before. The company says the US-format feasibility study filed in November 2025 is unchanged and the project is not affected, so this is a compliance fix to the earlier Bilboes work.
Caledonia reported deep drilling results at Blanket Mine: 10,311.9 metres drilled from March to December 2025, with grades and widths consistent with or better than expected. This follows the June 2025 results, whose figures were not available then. Highlights include a newly identified orebody called Blanket 7, with one hole cutting 13.2 m at 9.24 g/t and another 48 m at 4.25 g/t (core lengths), and the Lima orebody confirmed down to 34 level. The company says these results should raise confidence in the resource and expects to publish an updated mineral resource and reserve statement during 2026. No new resource numbers are given yet.
Caledonia gave a reminder of a remote presentation on the Bilboes feasibility study. The text provided is only the cover page and exhibit index and contains no new project information.
Caledonia announced publication and highlights of the Bilboes gold project feasibility study. The text provided is only the cover page and exhibit index, so the study's figures are not given; they accompany the technical report summary filed the day before.
Caledonia published a new US-format technical report summary on the Bilboes gold project (effective October 31, 2025, prepared by DRA) reporting a feasibility study for an open-pit operation, replacing the earlier preliminary assessment of May 2024. The text shows updated resources at a 0.5 g/t cut-off and US$3,000/oz gold price: measured and indicated 532 koz (12.1 Mt at 1.37 g/t) and inferred 984 koz, versus 2,470 koz and 560 koz in the December 2024 report. The text provided is truncated before any mineral reserves, costs or economics, and the different cut-off and price assumptions mean the two resource figures are not like-for-like.
Caledonia reported high-grade drill results at Blanket Mine, with the headline saying grades and widths were better than expected in multiple areas and are anticipated to boost gold resources. The drilling figures are not in the text provided, which is only the cover page and exhibit index.
Caledonia published a new US-format technical report summary on the Bilboes Gold Project in Zimbabwe, prepared by DRA Projects with an effective date of May 30, 2024. It reports an initial assessment for an open-pit operation with measured and indicated resources of 2,470 koz (33.65 Mt at 2.30 g/t) plus inferred resources of 560 koz, and no mineral reserves. It costs total project capital at US$402.97 million (US$352.24 million Phase 1, US$50.73 million Phase 2); the report is an early-stage study and says there is no certainty it will be realized.
Caledonia filed the Bilboes Gold Project preliminary economic assessment (effective May 30, 2024, issued June 3, 2024), with consents from three qualified persons. The text provided is only the cover and exhibit list, with no findings.
Caledonia announced it will file a preliminary economic assessment on its chosen approach to develop the Bilboes sulphide gold project, acquired in January 2023. The findings are not in the text provided.
Caledonia filed a feasibility study NI 43-101 technical report on the Bilboes gold project, prepared by DRA Projects (Pty) Limited. This is the technical report for the project it acquired in January 2023. The filing is only the cover and exhibit list; the second part of the report and the qualified-person certificates are to follow by amendment, and no findings are in the text provided.
Caledonia announced publication of its Annual Report on Form 20-F with technical report summaries, as it did in May 2022. The contents are not in the text provided.
Caledonia issued a correction to its announcement about publishing its Annual Report on Form 20-F with technical report summaries. What was corrected is not in the text provided.
Caledonia filed a technical report on Blanket Mine. The findings are not in the text provided. This filing is signed by John Mark Learmonth as CEO and Director, where earlier filings were signed by Steve Curtis in that role.
Caledonia announced updated mineral resources and a new technical report for the Maligreen project, which it agreed to acquire in 2021 and for which a technical report was filed in November 2021. The updated figures are not in the text provided.
Caledonia announced it had published its Annual Report on Form 20-F, which includes technical report summaries (the US-format mining property reports). The contents are not in the text provided.
Caledonia filed a technical report on the 940,000 oz Maligreen project, following up the September 2021 acquisition announcement. The report's findings are not in the text provided.
Caledonia filed an NI 43-101 technical report on the Blanket Gold Mine, with consents and certificates from qualified persons Daan van Heerden and Uwe Engelmann. This is the full report behind the resource and reserve update filed the same day. The results are not in the text provided.
Caledonia published a resource update for the Blanket Mine in Zimbabwe, following the resource upgrade of December 2015. The text provided gives no quantities or changes.
Caledonia announced an increase and upgrade to the resource base at the Blanket mine, which it owns 49% of. The text provided does not give the quantities.
Filed the updated Blanket mine technical report with qualified person certificates and consents, dated 17 July 2015. This completes the re-filing announced three days earlier; no results appear in the text provided.
Caledonia re-filed an updated technical report containing a summary of its revised figures, replacing the one filed in December 2014. The text provided does not state what changed.
Filed qualified person certificates and consents for the technical report dated December 1, 2014. This is a paperwork follow-up to the Blanket technical report, with no new results.
Filed the full technical report and Preliminary Economic Assessment on the Blanket mine, prepared by Minxcon (Pty) Ltd, together with qualified person certificates. This is the document announced earlier the same day; the text provided shows no results.
Caledonia announced the filing of a technical report, including a Preliminary Economic Assessment, on its Blanket mine. The text provided gives no figures or conclusions.
