Jubilee Metals Group PLC · LSE:JLP
Jubilee Metals — Jubilee Platinum — Investor Presentation (April 2007)
32 slides from Jubilee Metals's investor presentation, April 2007
Slide 1: Jubilee Platinum plc
JUBILEE PLATINUM plc Colin Bird – Chief Executive Officer April 2007 www.jubileeplatinum.com 1
Slide 2: Mining Exploration Company
JUBILEE PLATINUM PLC Mining Exploration Company Platinum/Palladium Advanced and Early Results Places South Africa Madagascar Projects Tjate Londokomanana Lavatrafo Ambodilafa Itsindro People Directors, Officers & Advisors Partnerships TransAsia Minerals Limited Impala Platinum Holdings Performance C
Slide 3: Bushveld Complex
PLACES Bushveld Complex Jubilee properties not to scale Northern Limb Puselo Tjate Eastern Western Limb Limb Elandsdrift Map reproduced with permission of Johnson Matthey 3
Slide 4: Tjate Location
PLACES Tjate Location Iridum dies 4
Slide 5: Dsjate Farm - DT Boreholes
PROJECTS Dsjate Farm - DT Boreholes DT9 DT8 and DT9 Currently drilling 5
Slide 6: Tjate Drilling
PLATINUM/PALLADIUM Tjate Drilling Spark plugs Merensky Reef + UG2 Reef + Borehole DT1 DT2 DT3 DT4 DT5 DT6 DT7 DT1 DT2 DT3 DT4 Thickness++cm 116 61 61 79 47 134 82 93 95 82 85 Grade 4E * g/t 8.90 3.8 6.9 6.4 18.9 11.2 7.1 6.01 8.01 7.49 7.60 % Ni 0.30 0.22 0.35 0.26 0.91 0.39 0.21 % Cu 0.15 0.11 0.20
Slide 7: Tjate Property
PROJECTS Tjate Property car exhaust Three contiguous farms 5,143ha Down dip of Impala’s Marula/Angloplats’ Twickenham mines Weighted average Merensky grade drilled to date 7g/t (4E) over 80 cm reef thickness Targeted tonnage and metal, three farms, some 280mt and 80m oz (4E) 7
Slide 8: Tjate Deal
PROJECTS Tjate Deal car exhaust ZAR 49m for 35% interest in Tjate ZAR 112m for further 28% - Preference share recently agreed 8
Slide 9: Tjate Valuation
PROJECTS car Tjate Valuation exhaust Value attributable Share value (fully diluted)* PGM (in situ) £/share US$/oz 35% attributable ** 63% attributable*** 5 0.67 1.04 10 1.34 2.08 15 2.01 3.12 20 2.68 4.16 Lonmin - AfriOre $11/oz ($279M for 24.9M oz) Implats - Afplats $6/oz ($580M for 92M oz) Lonmin
Slide 10: Impala Platinum - Mineweb
Posted Interview Impala Platinum -Mineweb Keith Rumble: CEO, Impala Platinum Interviewed By: Geoff Candy Posted: '28-AUG-06 06:23' GMT © Mineweb 1997-2006 Extraction of Interview “MINEWEB: Moving on from that, you built Two Rivers with ARM. Are there any other opportunities in South Africa? Your gro
Slide 11: Madagascar
PLACES Madagascar Ceramic capacitors containing palladium 11
Slide 12: Madagascar
PLACES Madagascar Froth flotation Politically stable Transparent mining code World Bank “vastly underexplored mineral reserves” World Bank - US$42m resources aid programme Active majors: Dynatec/Sumitomo Ni-Co; Rio Tinto mineral sands Jubilee first mover advantage prospective PGM–Ni-Cu acreage Major
Slide 13: Madagascar Status
PROJECTS Madagascar Status car exhaust Property Londokomanana Ambodilafa Lanjanina (Antsahabe) PGM-Ni-Cu Ni-Cu & Au Ni-Cu Geophysics anomaly Drilling in progress Drill targets identified identified Result of three holes Preliminary drilling Drilled three holes announced results announced announced 1
Slide 14: Londokomanana & Lavatrafo
PROJECTS Londokomanana & Lavatrafo MAVOANDRO ANTSAHABE BOROKELY AMBOASARY LAVATRAFO RANOMENA 14
Slide 15: Londokomanana (Antsahabe)
PLATINUM/PALLADIUM Londokomanana (Antsahabe) Platinum coated ceramic stirrer Drilling Results Borehole ANT1 including including Mineralised intersection M** 48 20 5 3E g/t 0.03 0.05 0.01 Ni % 0.62 0.78 1.17 Cu % 0.12 0.15 0.10 Cu Equivalent (AM) % 4.7 5.8 7.8 Gross metal value* US$/t rock 332 404 54
Slide 16: Londokomanana Licence
PROJECTS Londokomanana Licence 16
Slide 17: Londokomanana (Topography)
PROJECTS Londokomanana (Topography) Mavoandro Antsahabe Borokely 17
Slide 18: Londokomanana
PROJECTS Londokomanana Geochem & Electromagnetic (E- (E-M) Data Londokomanana ultrabasic breccia Mavoandro NE E-M anomaly license boundary basic granite 18
Slide 19: Lavatrafo (Lavatrafo & Ranomena)
PLATINUM/PALLADIUM Platinum coated Lavatrafo (Lavatrafo & Ranomena) ceramic stirrer Drilling Results Borehole LAV1 LAV2A LAV7 RAN1 Mineralised intersection M** 70 92 19 22 3E g/t 1.05 0.66 0.53 0.62 Ni % 0.23 0.26 0.18 0.35 Cu % 0.11 0.14 0.21 0.1 Cu Equivalent (AM) % 2.1 2.3 1.7 2.8 US$/t Gross met
Slide 20: Lavatrafo Licence
PROJECTS Lavatrafo Licence 20
Slide 21: Lavatrafo (Topography)
PROJECTS Lavatrafo (Topography) Lavatrafo Ranomena 21
Slide 22: Ambodilafa
PROJECTS Ambodilafa Anomalies and Previous drillholes 22
Slide 23: Ambodilafa (Ni-Cu)
PROJECTS Ambodilafa (Ni-Cu) pharmaceutical Major ultrabasic intrusion - 14 km long up to 4 km wide Previous 93m drill intersection disseminated sulphides Recent semi-massive, disseminated and net textured nickel-copper sulphide mineralization intersected at 24 m depth to 200m depth Recent result Hol
Slide 24: Ambodilafa (Topography)
PROJECTS Ambodilafa (Topography) Bebasy Au ALF02 ALF01 24
Slide 25: Belobaka Geochem (Cu)
PROJECT BELOBAKA GEOCHEM (Cu) 25
Slide 26: Impala Platinum
PARTNER Impala Platinum World’s second largest PGM mining group Extensive operations in Bushveld Complex and Great Dyke (Zimbabwe) JV earn-in of 51% in Ambodilafa for US$5 million expenditure Jubilee can fund its position or dilute to 35% free carry 26
Slide 27: TransAsia Minerals Limited
PARTNER TransAsia Minerals Limited TML (BVI registered) - Part of PT TransAsia Resources Group (Indonesia) Operations include coal, iron ore & nickel JV earn-in of 51% in Londokomanana (Londok) and Itsindro properties Earn-in expenditure US$7 million on Londok & US$3 million Itsindro Immediate cash
Slide 28: Directors Management Advisers
PEOPLE Directors Management Advisers Directors Malcolm Burne Non-Executive Chairman Chairman of Ambrian Capital plc Colin Bird . Chief Executive Officer Chartered Mining Engineer Chris Molefe Non-Executive Director Former CEO Royal Bafokeng Resources Andrew Sarosi Technical Director Metallurgist Man
Slide 29: Investors & Partners
PARTNER Investors & Partners Equity Partners Golden Prospect 12.2 % TransAsia Minerals US$10 million JP Morgan Fleming Asset Management 9.5 % Fidelity Managed Funds 6.7 % Impala Platinum US$5 million Colin Bird 8.3 % Framlington Investment Management 6.2 % Artemis Fund Managers 5.4 % Fiske plc 3.7 %
Slide 30: Share Price Performance
PERFORMANCE Share Price Performance (courtesy of Bloomberg.com) 30
Slide 31: Corporate
Corporate coins Current shares in issue 81,062,051 Fully diluted share capital 86,812,051 Market price 13 April 2007 £1.06 Market capitalisation April 2007 £85 million Cash £5.3 million 31
Slide 32: Summary
Summary Palladium ingot Tjate drilling confirms strategic position Tjate advancing to pre feasibility Tjate flagship property Three Madagascan areas with significant potential Balanced portfolio country and risk 32
Jubilee Platinum — Investor Presentation (April 2007) on 6ix