Exploration Commences

Jubilee Platinum PLC
17 September 2002



                              JUBILEE PLATINUM PLC
                       7-8 Kendrick Mews, London, SW7 3HG
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17 September 2002


          EXPLORATION OF PILLAR AND NORWOOD PGE PROPERTIES COMMENCES
                          Thunder Bay Mining Division


The joint venture between Canadian TSX listed East West Resource Corporation and
AIM listed Jubilee Platinum plc has started exploration of the Norwood
properties, part of the Thunder Bay Mining Division in Ontario, Canada.

Exploration of the 92 claim unit pillar and 158 claim unit Norwood properties
has started with a soil geochemical survey which is directed at identifying the
source of the lake sediment anomalies found by the OGS (Ontario Geological
Survey) Operation Treasure Hunt Survey.  Pillar has a distinct Ni (nickel)
anomaly that is interpreted to reflect ultramafic rocks beneath the Nipigon
Gabbro sills.  The main target is disseminated to massive sulphides within the
ultramafic-picrite-pyroxenite rocks that were emplaced during the formation of
the Nipigon Plate.

A major north trending rift structure called the Black Sturgeon Fault passes
through the Havoc property 3 miles south of Norwood and appears to extend
northward through parts of Norwood and Pillar.  Steep north trending valleys cut
through both Pillar and Norwood reflect the presence of such a fault.  Soil
sampling will be followed up by geology and an airborne geophysical survey.
This setting is similar to the Noril'sk Ni-Cu-PGE camp in Siberia.  In addition
highly altered Sibley sediments that are hematized and brecciated occur on
Pillar.  Actinolite veining is also present.  This style of alteration is
indicative of an older Olympic Dam style setting which may be hidden beneath the
Nipigon Gabbro Sills and exposed at the base of small cliffs and in valleys.
The geochemical survey will assist in defining this type of target as well as
the Ni-Cu-PGE Noril'sk style of mineralization.

An extensive Rift system has now been recognized on the west part of the Nipigon
Plate and two major Proterozoic intrusive events have occurred.  The English Bay
alkali porphyry intrusion which occurs on the east side of the Havoc property
has been age dated as 1540 my by OGS which is the same age as Olympic Dam in
Australia.  The Nipigon gabbro intrusive event is part of the early Keweenawan
(1109 - 1085 my) and developed along with the Keweenawan lavas and Duluth Gabbro
complex near Lake Superior.  This project is a joint venture with East West
Resource Corporation of Vancouver.



                              On Behalf Of The Board

                                   Colin Bird
                                 Chief Executive



For further information, please contact:

Colin Bird                         Simon Robinson / Justine Howarth
Jubilee Platinum                   Parkgreen Communications
Tel: [phone]                 Tel: [phone]



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