Caracal reports continued progress at Kilimapesa project

LSE- and FSE-listed Caracal Gold has reported solid progress in the development of its Kilimapesa gold mine and processing operation, in Kenya, during the quarter ended June 30.  Exploration on the Kilimapesa Hill Deposit (KHD), which began in December last year, culminated in an updated mineral resource estimate (MRE) being announced on July 12, which showed an expanded measured, indicated and inferred resource of 12.15-million tonnes at 1.5 g/t gold for 565 700 oz of contained gold, following a successful resource expansion drill campaign.