Gold output up at Blanket Mine

Gold production at Blanket Mine doubled during 2010 from 3 100 ounces to over 6 228 ounces for the nine months ending December 2010 resulting in the company raking just over $22 million in revenues.

The increase was attributed to the completion of the No 4 Shaft Expansion Project at the end of September 2010 and the subsequent ramp-up in production.

Blanket mine, a subsidiary of Canada-based Caledonia Mining Corporation, sold 17 598 ounces of gold during the period under review.

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