REG - Caledonia Mining Crp - NI 43-101 Refile: Bilboes Gold Feasibility Report

Caledonia MiningAnnouncement

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RNS Number : 3607F  Caledonia Mining Corporation PLC  22 May 2026

 

Caledonia Mining Corporation Plc

Refiling of Bilboes Gold Project Feasibility Study National Instrument 43-101

Technical Report

 

(NYSE AMERICAN: CMCL; AIM: CMCL; VFEX: CMCL)

St Helier, 22 May, 2026: On November 24, 2025, Caledonia Mining Corporation
Plc (the "Company") filed the "Bilboes Gold Project Technical Report Summary"
with effective date October 31, 2025 prepared by DRA Projects (Pty) Ltd
("DRA") on EDGAR as an exhibit to a Form 6-K Report of Foreign Private Issuer
(the "Feasibility Study").

In accordance with Canadian securities regulations, the Company then filed on
January 6, 2026 the "Bilboes Gold Project Feasibility Study National
Instrument 43-101 Technical Report" with effective date October 31, 2025
prepared by DRA on SEDAR+ (the "Canadian Report ").

Staff at the Ontario Securities Commission (the "OSC") have reviewed the
Canadian Report and identified that some of the authors listed by DRA as
qualified persons in the report did not meet the definition of a qualified
person under National Instrument 43-101. DRA has therefore updated the
Canadian Report by replacing those authors with individuals that meet the
definition of a qualified person, and the updated Canadian Report, which is
entitled "Bilboes Gold Project Matabeleland Zimbabwe National Instrument
43-101 Technical Report", was filed on SEDAR+ yesterday.

Under US mining disclosure rules, DRA is able to act as the sole qualified
person and therefore the Feasibility Study is unchanged. For the avoidance of
doubt, there is no effect on the Bilboes Gold Project and the aforementioned
change is solely to comply with Canadian mining disclosure rules.

 

Enquiries:

 Caledonia Mining Corporation Plc

 Mark Learmonth                                               Tel: +44 1534 679 800

 Camilla Horsfall                                             Tel: +44 7817 841 793
 Cavendish Capital Markets Limited (Nomad and Broker)

 Adrian Hadden

 Pearl Kellie                                                 Tel: +44 207 397 1965

                                                              Tel: +44 131 220 9775
 Camarco, Financial PR (UK)

 Elfie Kent                                                   Tel: +44 20 3757 4980
 Curate Public Relations (Zimbabwe)

 Debra Tatenda                                                Tel: +263 77802131
 IH Securities (Private) Limited (VFEX Sponsor - Zimbabwe)

 Lloyd Mlotshwa                                               Tel: +263 (242) 745 119/33/39

 

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