Blanket Gold Mine in Zimbabwe achieves record daily production

TORONTO, Sept. 8, 2011 /CNW Telbec/ - Caledonia Mining Corporation ("Caledonia") (TSX: CAL) (NASDAQ-OTCBB: CALVF) (AIM: CMCL) is pleased to report that the Blanket Gold Mine ("Blanket") in Zimbabwe has broken its underground production record.

On 6th September 2011, Blanket's No 4 Shaft hoisted 1,220 tonnes of ore and a further 141 tonnes of ore were hoisted via the Lima Shaft. This daily total ore production of 1,361 tonnes is significantly higher than Blanket's target of 1,000 tonnes of ore per day and represents a new underground mining record for the mine, for which production records date back to 1906.

Commenting on this news, Stefan Hayden, Caledonia's Chief Executive said: "This is a tremendous achievement by the management and employees at Blanket, who are to be heartily congratulated and bodes well for Blanket achieving its future production targets."

SOURCE Caledonia Mining Corporation

For further information:

Caledonia Mining
Mark Learmonth
Tel: + 27 11 447 2499
marklearmonth@caledoniamining.com
Collins Stewart Europe Limited
John Prior / Sebastian Jones
Tel: + 44 20 7523 8350
 
   
Renmark Financial Communications Inc.
John Boidman:  jboidman@renmarkfinancial.com
Dustin Buenaventura:
dbuenaventura@renmarkfinancial.com
Tel.: (514) 939-3989 or (416) 644-2020
www.renmarkfinancial.com

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