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Caracal Gold PLC - gold producer with operations in East Africa - Reports arrival of its two drill rigs on-site at Kilimapesa Gold Mine ahead of commencement of recently announced diamond drilling and reverse circulation drilling programmes. Drill programmes to start immediately, with pre-drilling work including the preparation of drill pads well-advanced.
"We are very pleased with the time it's taken to get these drill rigs to site, and credit goes to all involved. The arrival of the drill rigs dovetails well with the Prospecting License renewal, assembling a highly experienced team and completing much of the preparation work for the drilling programme to now commence," says Chief Executive Robbie McCrae.
Current stock price: 1.26 pence
Year-to-date change: up 20% from end of August
By Lucy Heming;Â lucyheming@alliancenews.com
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