RE: JB StockBox Interview just out29 Apr 2025 13:24
Recent - Notes on RNS -“Caracal Gold plc is an expanding East African focused gold company with a clear strategy to grow production and resources both organically and through strategic acquisitions. Its immediate aim is to recommence and rapidly increase production to +50,000ozs p.a. and build a JORC compliant resource base of +3Moz. The Company is progressing a well-defined mine optimisation strategy at its 100% owned Kilimapesa Gold Mine in Kenya, where there is significant mid-term expansion potential and the ability to increase gold production to 24,000oz p.a. and the resource to +2Moz (current JORC compliant resources of approx. 706,000oz). Alongside this, Caracal is undertaking a targeted exploration programme at the Nyakafuru Project in Tanzania, which has an established high-grade shallow gold resource of 658,751oz at 2.08g/t contained within four deposits over 280 km2 and appears amenable to development as a large scale conventional open pit operation.
Caracal's experienced team has a proven track record in successfully developing and operating mining projects throughout Africa.”
Already stated -
100% interest in the producing Kilimapesa Gold Mine, which has a +705,000oz JORC resource and a well-defined expansion strategy currently in process. (Website)
Vim Rutha I suppose is where they are looking to add, however that would take some time.