REG - Caracal Gold PLC - Interim Accounts - Kilimapesa Gold Limited

Caracal GoldAnnouncement

25/04/2025 10:00

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RNS Number : 2338G  Caracal Gold PLC  25 April 2025

Caracal Gold plc / LSE: GCAT / Market: Main Market of the London Stock
Exchange

 

25 April 2025

Caracal Gold Plc

('Caracal' or the 'Company')

Interim Accounts - Kilimapesa Gold Limited

Caracal Gold PLC, the East African focused gold company is pleased to announce
that the Company's wholly owned Kenyan subsidiary, Kilimapesa Gold Limited's
("KPG") interim unaudited accounts for the 6-month period ending 31 December
2024 ("Interim Accounts") have been completed.

These Interim Accounts have been provided to the Company's finance team and
advisors in the United Kingdom and South Africa, who will now look to finalise
the Company's interim unaudited consolidated accounts for the 6-month period
ending 31 December 2024.

 

Release of the Company's interim unaudited consolidated accounts will be made
following sign off of the Company's audited consolidated accounts for the year
ending 30 June 2024 by the Company's auditors in the United Kingdom, RPGCC,
the trading name of RPG Crouch Chapman LLP.

This announcement contains inside information for the purposes of Article 7 of
the Market Abuse Regulation (EU) 596/2014 as it forms part of UK domestic law
by virtue of the European Union (Withdrawal) Act 2018 ("MAR") and is disclosed
in accordance with the Company's obligations under Article 17 of MAR.

 

* * ENDS * *

For further information visit www.caracalgold.com or contact the following:

 Caracal Gold plc

 Jason Brewer                                        jason@gathonimuchaiinvestments.com
 DGWA, the German Institute for Asset and            info@dgwa.org

 Equity Allocation and Valuation

 European Investor and Corporate Relations Advisor

 Katharina Löckinger

 

Notes:

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.

The Company 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.

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