Jubilee’s Bokfontein JQ448 and Elandsdrift JQ467 PGM properties in the western Bushveld are drill ready and await new order prospecting rights, the granting of which are believed to be imminent.

Other properties in Jubilee’s portfolio include Buffelsvallei JS170/Zaaiplaats JS157 in the Groblersdal district and the Sallies SlootKS718/Swartkop KS720 near Marble Hall all located in to the west of the eastern limb of the Bushveld. The granting of new order prospecting rights are similarly believed to be imminent.

Elandsdrift property looking South

Source: Jubilee Platinum plc

Weathered pyroxenite outcrop on Elandsdrift

Source: Jubilee Platinum plc

Typical stratigraphy UG2 (western limb of Bushveld Complex - south) anorthosite (white) pyroxenite (green) UG2 reef (black)

Source: Jubilee Platinum plc