Caledonia Mining Corporation: Blanket Mine Second Quarter 2013 Production Update


TORONTO, ONTARIO--(Marketwired - July 2, 2013) - Caledonia Mining Corporation ("Caledonia") (TSX:CAL)(OTCQX:CALVF)(AIM:CMCL) is pleased to announce gold production from its 49%-owned subsidiary, the Blanket Mine in Zimbabwe ("Blanket") during the second quarter and six months ending June 30, 2013 (the "Quarter" and "First Half Year", respectively).

11,592oz of gold were produced during the Quarter, a 10.7% increase on gold production in Q1 2013 (10,472oz) and a 0.3% increase on gold produced in Q2 2012 (11,560oz).

22,064oz of gold were produced in the First Half Year of 2013, a 6.5% increase on gold production in the first half year of 2012 (20,724oz).

The gold production for the Quarter is subject to minor revisions following the receipt of final assays for the last two deliveries to the refinery.

Further information regarding Caledonia's exploration activities and operations along with its latest financials and Management Discussion and Analysis may be found at www.caledoniamining.com.

Contact Information:

Caledonia Mining Corporation
Mark Learmonth
+27 11 447 2499
marklearmonth@caledoniamining.com
www.caledoniamining.com

Newgate Threadneedle
Graham Herring/Adam Lloyd
+44 20 7653 9850

CHF Investor Relations
Jeremy Hill
+1 416 868 1079 x 238
jeremy@chfir.com

Numis
John Prior/Jamie Loughborough/James Black
+44 20 7260 1000

WH Ireland
Adrian Hadden/Nick Field
+44 20 7220 1751