Jubilee Platinum PLC
25 November 2005
25th November 2005
Jubilee Platinum Plc
('Jubilee' or 'the Company')
Result of AGM
Jubilee announces that at the Annual General Meeting of the Company held today
at 10:00am all resolutions were passed.
Chief Executive Colin Bird reported on what has been a very progressive year for
Jubilee. The Company's focused exploration programmes have been highly
productive and achieved significant results.
Drilling results from Jubilee's flagship Tjate platinum project in the eastern
Bushveld of South Africa have confirmed the presence of the Merensky and the UG2
chromitite platinum-bearing reefs, with grade and thickness of reefs consistent
with, and in some cases, exceeding expectations.
Colin Bird commented further on the drilling success at the Londokomanana
project in Madagascar which resulted in significant multi-metal intersections.
The results demonstrated the intersections carried good grades of a highly
attractive suite of metals - nickel, copper, platinum, palladium and gold - over
large widths. The Company continues to explore the area to confirm and identify
continuity and a viable strike length of mineralisation.
On 1 November, 2005 Jubilee announced an agreement with BHP Billiton to carry
out a large-scale helicopter Versatile Time-Domain Electromagnetics geophysical
survey over Jubilee's property at no cost to the Company.
In review, Colin Bird reported that he was pleased with the progress made in
what has been a very productive year for Jubilee, and the Company continues to
consolidate its position across these prospective regions.
For further information please contact:
Colin Bird Cathy Malins / Annabel Leather
Jubilee Platinum plc Parkgreen Communications Ltd
Tel +44 (0) 20 7584 2155 Tel +44 (0) 20 7493 3713
This information is provided by RNS
The company news service from the London Stock Exchange
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