Jubilee Metals Group plc (LON:JLP), a diversified and leading metals recovery business with a world-class portfolio of projects in South Africa and Zambia, has announced that it has secured one of the largest copper waste rock assets on surface in Zambia and has formed a strategic partnership with Abu Dhabi based International Resources Holding RSC Limited (IRH). IRH is affiliated to the Abu Dhabi conglomerate, International Holding Company PJSC (IHC), the most valuable listed holding company in the United Arab Emirates, and the second-most valuable in the Gulf Cooperation Council region.
Highlights
· Jubilee secures one of the largest copper waste rock assets on surface in Zambia.
· Estimated at more than 350 million tonnes of waste rock material on surface. Early results from preliminary surface sampling indicate zones with grades higher than 1.5% copper (“Waste Rock Project”).
