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Caracal Gold Plc

LSE:GCAT

UK based gold mining company focused on acquiring and developing under exploited gold mining opportunities in East Africa.

Overview

  • 2021 August LSE Main Market listed following funding round of £5.5m.

  • Aims to spent the raised funds on mine expansion programs and gold exploration in East Africa.

  • 100% interest in the producing Kilimapesa Gold Mine which will be a cornerstone asset for growth.

  • Kilimapesa has a mining licence and a confirmed 671,446oz JORC compliant resource; the near term exploration target is 1.5mnoz.

  • Gold ore is produced on site and refined in Switzerland.

  • Company has recently opened an office in Nairobi, to broaden  its presence in East Africa.

  • Company is dual listing on the Nairobi Stock Exchange and will be the first listed mining company on the exchange.

  • Caracal has built an experienced executive team to further develop the company’s gold production profile through the acquisition of other opportunities in the East Africa region. This broad-based experience covers deep local and regional geological knowledge, mine development and engineering, production and capital markets experience.

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Share Price

Reserves & Resources

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