Tjate Platinum Mine | platinum mine/processing

South Africa / Limpopo / Lebowakgomo /
 mine, platinum mine/processing

This lease is owned and managed by Jubilee Platinum which has a balanced portfolio of advanced and early stage prospective PGE assets, covering some 5700 hectares in the western and eastern limbs of the Bushveld Complex in South Africa.

The Company holds a 63 % beneficial interest in its advanced Tjate project, its prime asset, which covers some 5140 hectares in the eastern Bushveld Complex. The project has been independently estimated, as an exploration target, to hold potentially some 65 million oz (41 million oz attributable) PGEs and gold (after geological losses).

The Company has completed a SAMREC Code-compliant resource estimate over the Dsjate farm (“First Mine” area) using The Mineral Corporation Ltd as its Competent Person and based on an initial 42-borehole drilling programme totaling about 65 000 metres. It also carried out an initial mine study including mine design and preliminary mineralogical/ metallurgical testwork.

The Company has now engaged internationally recognized Snowden Mining Industry Consultants to undertake a 3-Phase feasibility study of the Tjate project. Phase 1 of the study, a review of data to date, has been completed with recommendations for inter alia further drilling to augment more of the current total resource to indicated category.

Phase 2 of the study - to pre feasibility accuracy is underway and comprises in-fill drillin , environmental and social baseline studies and further metallurgical testwork on both Merensky and UG2 reefs.

Phase 3 comprising a definitive feasibility study will follow seamlessly as appropriate.
The Company is shortly to apply to the DMR for a mining rights
The Company, through its 91% owned South African subsidiary Maude Mining and Exploration (Pty) Ltd is investigating options to joint venture or alliance some or all of its properties on Bokfontein and Elandsdrift in the western Bushveld Complex. Maude holds new order prospecting rights for PGEs for these properties.
Nearby cities:
Coordinates:   24°29'31"S   29°59'26"E

Comments

  • out of date info here
  • When jubilee start mining at tjate
This article was last modified 14 years ago