Caracal Gold plc is a United Kingdom-based mining and exploration company. The Company is focused on acquiring and developing gold mining opportunities in East Africa. It operates through three segments, namely Kenya, Tanzania, and United Kingdom. It is focused on the optimization of its existing producing asset, the Kilimapesa Gold Mine in Kenya. The Kilimapesa Gold Mine is located on the Migori Greenstone Gold Belt in South West Kenya, covering a total surface area of about 586,600 kilometer (km). The mine consists of two open pits and an underground mine (consisting of four adits). The Company also operates Nyakafuru Gold Project, which is located in the Lake Victoria Gold Fields in Tanzania. It has 11 granted exploration licenses over 280-kilometer square (km2) with four deposit areas, namely Voyager, Mentelle, Cullen, Leeuwin-Grange, and other exploration targets.