Share Talk spoke with Chief Executive, Robbie McCrae and Jason Brewer, Commercial Director of the company today about the announcement confirming the Company’s Board of Directors, with the appointment of Ms Rachel Johnston as a Non-Executive Director.
As the company looks to expand, these new appointments will benefit the company during the growth process.
Yesterday the company updated on its operations and exploration activities in East Africa for the quarter ended 31 December 2021 – specifically at its producing Kilimapesa Gold Mining and Processing Operations in Kenya and recently acquired Nyakafuru and Simba advanced gold projects in Tanzania.
Here are a few of the questions we asked:
- Board Strengthened with Key Director Appointment
- Considering the company was only listed in London in late Aug 2021, what progress you have achieved since then?
- RC and DD drilling activities and how you are progressing through the work scope?
- First assay results from the drilling programme are expected in Q1 2022.
- Share price today and how do you believe that may change as you progress in 2022?
- Share Talk will hold a webinar with the company in the near future, what can investors expect?
For further information visit www.caracalgold.com or contact the following:
Caracal Gold plc
Gerard Kisbey-Green
Jason Brewer
Notes
Caracal Gold plc is an emerging East African focused gold producer with a clear path to grow production and resources both organically and through strategic acquisitions. Its aim is to rapidly increase production to +50,000ozs p.a. and build a JORC compliant resource base of +3Moz within 12-18 months from its listing in August 2021. To this end, it 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 ability to increase gold production to 25,000oz p.a. and the resource to +2Moz (current JORC compliant resources of approx. 671,000oz). Additionally, its experienced team, with proven track record in successfully developing and operating mining projects throughout Africa, is reviewing other complementary and strategically located gold mine and development projects in East Africa.
Caracal is a responsible mining and exploration company and supports the positive social and economic change that it contributes to the communities in the regions that it operates. It is a proudly East African-focused company: it buys locally, employs locally, and protects the environment and its employees and their families’ health, safety, and wellbeing.
Caracal’s shares are quoted on the Main Market of the London Stock Exchange (LON: GCAT) and on the Frankfurt Stock Exchange (FSE: 6IK); a listing on the Nairobi Securities Exchange is underway.
