2008
DocumentsDate added
- Second hole at Bentley has intersected two zones of copper zinc-rich massive sulphide mineralisation
- 2.9 metres of copper-zinc-rich semi-massive to massive sulphide encountered down-plunge from Bentley discovery intercept (~2.5 metres true width)
- Additional 6.5 metres of copper-zinc-rich massive sulphide encountered higher in the same hole (~5 metres true width)
- Bentley mineralisation remains open in all directions
- Diamond drilling programme is ongoing
The Board of Jabiru Metals Limited advises that at the Annual General Meeting of Shareholders held today all resolutions were passed on a show of hands.
- 10.5 metres @ 2.3% Cu, 1.5% Pb, 18.0% Zn, 1.4g/t Au & 278g/t Ag (true width ~8 metres) of massive sulphide
- 17 metres @ 1.9% Cu, 0.6% Zn & 15g/t Ag (true width ~13 metres) of footwall stringer
- Massive sulphide contains significant gold grades
- Higher grade, similar style, to the Jaguar & the Teutonic Bore Mine
- Follow-up diamond drilling has commenced
- Discovery hole 08SWDD004 has intercepted Copper-Zinc-Rich Massive Sulphide 4.5km South of Jaguar
- 10 metres Massive Sulphide Mineralisation intercepted
- A further 17 metres Stringer Mineralisation intercepted
- Four follow-up diamond drill holes planned.
- Geological setting and tenor of mineralisation interpreted to be similar to Jaguar & Teutonic Bore Mines
- Jabiru has named the new discovery “Bentley”
- Discovery hole only the fourth diamond drill hole in this targeted program
- Discovery hole 6km trucking distance to Jaguar Plant
Jabiru Metals Limited (“Jabiru” or “the Company”) (ASX Code: JML) requests an immediate trading halt be put on its securities, pending an ASX announcement regarding exploration results from the Teutonic Bore.
The operating environment for all resource companies has changed very quickly over the past few months. All metal prices have come under considerable downward pressure based upon the uncertainty of the global economy, driven by the US sub-prime mortgage crisis, leaving many companies under significant financial strain, with operating costs exceeding operating revenues.
Mining exploration entity quarterly report.
- Three diamond drill rigs on site
- Testing regional base metal targets along strike from Jaguar
- Upgrading Teutonic Bore Stringer Resource
- Program comprises up to 40,000m of diamond drilling
Mining exploration entity quarterly report.
Jabiru Metals Limited (“Jabiru” or “the Company”) has received as attached a Form 604 – Notice of Change of Interests of Substantial Shareholder from Consolidated Copper Pty Ltd and its associates in respect of an increase in their percentage shareholding in Jabiru following the granting of approval under the Foreign Acquisitions and Takeovers Act 1975 (Cth) to subscribe to the placement of 17,601,650 Fully Paid
Ordinary Shares in the Company.
Ordinary Shares in the Company.
Jabiru Metals Limited (“Jabiru” “the Company”) refers to the Announcement dated 26 May 2008 regarding the raising of up to $51.92 million through the issue of up to 64.9 million shares at an issue price of $0.80 per share.
This notice is given by Jabiru Metals Limited (“Jabiru” “the Company”) under section 708A(5)(e) of the Corporations Act in relation to an issue of 17,601,650 Fully Paid Ordinary Shares by the Company on 25 July 2008 without disclosure to investors under Part 6D.2 of the Corporations Act.
- Jaguar plant achieves nameplate capacity
- Jaguar cash positive quarter
- Commissioning virtually complete, recoveries near target levels
- Underground production continues to exceed plant requirement
- Decline approaching higher copper grade ore zones scheduled for next years production
- Exploration at Jaguar / Teutonic Bore to commence this quarter, multiple targets
- Stockman Copper / Zinc drilling commenced
- Cash position strong to fully fund exploration and growth
- New Massive Sulphide Lens 15.9 metres at 2.9% copper equivalent 1
15.9m @ 1.9% Cu, 3.7% Zn, 0.3% Pb, 24.7g/t Ag and 0.47g/t Au - High grade Copper Assays highlight previously unrecognised footwall stringer potential at 9.2% copper equivalent 1
4.3m @ 7.9% Cu, 5.0% Zn, 0.4% Pb, 34.7g/t Ag and 0.55g/t Au - Drilling progressing on schedule
Further to the announcement made on 4 June 2008 Jabiru Metals Ltd (Jabiru) would like to advise that the Jaguar Project has been able to revert to 100% gas power generation through alternative gas supplies from 1 July to 30 September 2008 (interruptible).
- 16 metre discovery intercept of new massive sulphide zone (estimated true width)
- Discovery in third hole drilled at Stockman
- Visual grade estimates very encouraging (assays awaited)
- New lens potential to add to massive sulphide inventory at Stockman
- Drilling programme ongoing
This notice is given by Jabiru Metals Limited (“Jabiru” “the Company”) under section 708A(5)(e) of the Corporations Act in relation to an issue of 47,298,350 Fully Paid Ordinary Shares by the Company on 10 June 2008 without disclosure to investors under Part 6D.2 of the Corporations Act.
Jabiru Metals Limited (“Jabiru” or “the Company”) has received as attached a Form 604 – Notice of Change of Interests of Substantial Shareholder from Consolidated Copper Pty Ltd and its associates in respect of a decrease in their percentage shareholding in Jabiru following an increase in the Company’s share capital pursuant to its recent share placement of 47,298,350 shares.










