PGM containing chrome reefs
Jubilee’s unique access to the ConRoast process enables Jubilee to unlock the inherent PGM value in the traditional chrome ores via the extraction of PGMs and chrome from near- or at-surface platinum containing chrome reefs. These ores were traditionally only mined for the in-situ chrome with the PGMs either lost as part of the run-of-mine ore sale or trapped within the surface tailings from the chrome beneficiation process. The ability of the ConRoast process to recover the PGMs from this chrome dominant ore structure affords Jubilee an unique opportunity to unlock the inherent PGM value. Jubilee is initiating a strategy to capitalise on its unique processing ability to smelt high chrome containing platinum concentrates. Jubilee will construct a PGM concentrator plant capable of producing up to 15 000oz of PGMs in concentrate annually. Jubilee is targeting to reach an annual production of 50 000oz of PGMs in concentrate within five years through access to near- or at-surface platinum containing chrome reefs.