Zambian Operations Update
Sable Refinery
Jubilee, the AIM and Altx traded metals processing company is pleased to announce an update on progress at its copper operations in
Zambia, specifically the first copper concentrate for refining at Jubilee s
Sable Refinery from Project Roan which has been delivered on schedule.
Sable Refinery
· Project Roan completes Phase 1 of 3 Phases to allow early production of intermediate copper concentrate while construction of Phases 2 and 3 remain on target
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Sable Refinery is fully operational and ready to refine product received from Project Roan - targeting an additional 240 tonnes of copper units and stepping up to 400 tonnes of copper units per month at completion of Phase 2
Jubilee Metals completes first phase of Project Roan on schedule
CEO Leon Coetzer said the completion of phase 1 is the first major step in our commitment to achieve our targeted production of 25,000 tonnes per annum of copper within the next four years
Jubilee Metals Group PLC (LON:JLP) said the first copper concentrate for refining at Jubilee s Sable Refinery from Project Roan has been delivered on schedule.
Project Roan is one of three locations where Jubilee plans to process copper and cobalt tailings; the others are Project Elephant 1 and Project Elephant 2.
With the first phase of a three-phase development programme completed at Project Roan, the second phase should see an increase in the amount and quality of intermediate copper concentrate delivered to the Sable Refinery for processing in the third quarter of this year.