South Africa

Hernic Ferrochrome Proprietary Limited (“Hernic”) the world’s 4th largest integrated ferrochrome producer.

Estimated 3.2 million tonnes of platinum rich material at surface (as measured July 2016).

Further material being added by Hernic of up to 17 000 tonnes per month of platinum rich material.

South Africa

Jubilee holds the exclusive right to all Platinum Group Metals both currently at surface and from future mine production.

Jubilee owns a 50% profit share on all chrome recovered.

Commissioned upgraded chrome recovery plant in April 2016 to recover chrome from surface material.

South Africa

1 450 000 tonnes of platinum rich material at surface (increasing at an estimated 12 000 tonnes per month).

Targeting 60 000 tonnes per month processing rate for the recovery of Platinum Group Metals.

Agreement executed with Northam Platinum to utilise existing platinum recovery plant based on profit share and zero plant capital outlay by Jubilee.

Zambia

Jubilee expands its surface processing footprint into Zambia to recover lead, zinc and vanadium from historical surface deposits.

Jubilee partners with BMR to target the recovery of lead, zinc and vanadium from an estimated 6,4 million tonnes (3,2 million JORC compliant) of surface assets at Kabwe located in Zambia.

Eastern South African Bushveld Complex

Located down-dip of Anglo Platinum’s Twickenham & Impala Platinum’s Marula mines.

Independently judged to contain the world’s largest undeveloped defined block of platinum ore.

A potential net 65 million ounces of platinum group elements (PGEs) and gold.