--- title: "Jubilee Metals reports Phase 1 drilling results at Zambia copper mine" publisher: "Share Talk" author: "sharetalk" published: "2026-03-25T08:16:05+00:00" modified: "2026-03-25T08:16:05+00:00" date: 2026-03-25 canonical: "https://www.share-talk.com/jubilee-metals-reports-phase-1-drilling-results-at-zambia-copper-mine/" category: "Mining" categories: ["Mining"] tags: ["cathode", "chrome", "Cobalt", "Colin Bird", "COPPER", "Eastern Limb", "JLP", "Jubilee Metals Group", "Kabwe", "Leon Coetzer", "MoU", "Processing", "South Africa", "South African", "Zak Mir", "Zambia"] image: "https://i0.wp.com/www.share-talk.com/wp-content/uploads/2026/03/HEKIIrSWcAAffMW.webp?fit=1200%2C900&ssl=1" format: "news" language: "en-GB" --- # Jubilee Metals reports Phase 1 drilling results at Zambia copper mine **Published:** March 25, 2026 **Author:** sharetalk **Categories:** Mining **Tags:** cathode, chrome, Cobalt, Colin Bird, COPPER, Eastern Limb, JLP, Jubilee Metals Group, Kabwe, Leon Coetzer, MoU, Processing, South Africa, South African, Zak Mir, Zambia **Featured image:** ![](https://i0.wp.com/www.share-talk.com/wp-content/uploads/2026/03/HEKIIrSWcAAffMW.webp?fit=1200%2C900&ssl=1) --- [Jubilee Metals Group PLC](https://www.londonstockexchange.com/news-article/JLP/molefe-mine-phase-1-drilling-results/17518489) has reported strong Phase 1 drilling results from its **Molefe copper mine in Zambia**, confirming both continuity and expansion of near-surface mineralisation. Drilling has extended the mineralised zone by around **250 metres beyond the current mine plan**, with high-grade intercepts including up to **9.17% total copper over 7.5 metres**. The results support Jubilee’s strategy of **securing additional owned copper feed** for its **Sable refinery**, reducing reliance on third-party material and strengthening its position in Zambia’s copper sector. A **Phase 2 drilling programme is already underway** to test further extensions, with results expected to feed into a **formal resource estimate and potential mine plan expansion**. **Highlights** ·    Infill drilling completed to date confirms copper ore grades consistent with those incorporated in Molefe Mine’s expansion mine plan   ·   New near surface zone, identified and validated based on visual and handheld pXRF assessment,  extending copper oxide mineralisation by approximately 250 metres beyond the expansion mine plan with mineralisation remaining open to the east ·   Phase 2 drilling program is currently under way by project partner, Galileo Resources Plc (Galileo), targeting the eastern extension to determine the full extent of the mineralised zone ·   Consistency of grades and thicknesses supports confidence in the resource and provides a strong foundation for the advancement of a formal resource estimate ·    Results continue to demonstrate shallow, copper oxide mineralisation suitable for processing at Jubilee’s Sable Refinery ·    Infill drilling of oxide mineralisation reinforces projected grades of ore currently incorporated into the mine plan ·    Peak intercepts include the following: § MNKDD010 16.00m @8.01% TCu (“total copper”), 1.60 % ACu (“acid soluble copper”) from 18.00m (TCu cut off 0.6%, ACu cut off 0.35%) § MNKDD011 20.0m @5.33% TCu, 0.92% ACu from 22.0m (TCu cut off 0.6%, ACu cut off 0.35%) § MNKDD012 10.7m @ 6.54% TCu, 2.17% ACu from 37.00m (TCu cut off 0.6%, ACu cut off 0.35%) from 33.8m § MNKDD013 6.00m @1.07% AsCu from 79.00 m (TCu cut off 0.6%) from 81.0m § MNKDD014 6.80m @5.40% TCu, 2.06% ACu from 54.20m (TCu cut off 0.6%) from 54.2m § MNKDD015 7.50m @ 9.17% TCu, 1.30% ACu from 43.00 m (TCu cut off 0.6%, ACu cut off 0.35%) § MNKDD016 2.17m @ 5.40% TCu, 1.80% ACu from 60.83m (TCu cut off 0.6%) **Leon Coetzer, CEO of Jubilee, commented:** “We are very excited by these results, delivered in a few short months, which confirm the apparent continuation of the high-grade copper reef close to surface that is currently being accessed at the Molefe Mine operations. The high-grade intersections of shallow copper oxide is perfectly suited for processing and refining at the nearby Sable refinery. The extension identified to the eastern boundary provides a strong indication of the further continuation of the mineralised reef, particularly given the additional approximately 12 300ha of exploration ground we hold to the east of the 400ha Molefe mining area. We have commenced phase 2 drilling to further define this eastern extension and the Company will update the market as results become available. Results from the phase 2 drilling program will be used to provide a clearer timeline for the release of a formal resource estimate. The updated expanded mine plan, incorporating the latest drill results and developed in partnership with Galileo, is expected to be published on the Company’s website within the coming three weeks.” **For more information contact:** Jubilee Metals Group PLC  Leon Coetzer (CEO)/Jonathan Morley-Kirk (FD) Tel: +27 (0) 11 465 1913 / Tel: +44 (0) 7797 775546 --- **Original URL:** https://www.share-talk.com/jubilee-metals-reports-phase-1-drilling-results-at-zambia-copper-mine/ *Created by [WP Markdown Endpoint](https://wpmarkdownendpoint.com/)*