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Jubilee Project
Jubilee
Country Canada 
Province Nova scotia
Close to Cape breton island
Status ADVANCED DISCOVERY 
Surface 5 km² / 1,236 acres Number of claims 189
Latitude / Longitude 67 N 28 / 113 W 37
Legends
Valorisation
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Produces
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Explores for Lead - Zinc -
Risk and valuation analysis of the Jubilee Project
Status Risk : Advanced discovery
Country Risk : Very Low
Title(s) of the Jubilee Project
Merrex Gold
Owner: 100%
Company ProfileAll ProjectsCompany websiteCompany project page
TitleCompany ProfileAll ProjectsCompany websiteCompany project page
Merrex’s interest in the Jubilee zinc/lead deposit includes an option agreement to acquire 100% ownership in the Project.
Frontline Gold Corp.
Joint venture: 50%
Company ProfileAll ProjectsCompany website
TitleCompany ProfileAll ProjectsCompany websiteCompany project page
The TSX Venture Exchange issued final approval to both Frontline and Merrex Gold Inc. ("Merrex") for the sale of Frontline's 50% interest in the Jubilee Zinc Lead Project and related surface rights to Merrex for $500,000, to be paid by the issuance o more...
Location of the Jubilee Project
Jubilee Property consists of 189 contiguous claims in the Little Narrows area of Cape Breton Island, in Nova Scotia, Canada.
 
History of the Jubilee Project
High-grade mineralization was first discovered in outcrop at Jubilee in 1927. Early work consisted of trenching and two short adits; samples recovered from one of the adits are reported to have assayed as high as 33% Zinc and 12% lead over 1.6 meters more...
 
Geology of the Jubilee Project
The Jubilee Deposit is a stratabound zinc-lead-barite deposit, analogous to “Irish style” and Mississippi Valley Type (MVT) base metal deposits. Ore grade mineralization at Jubilee is carbonate-hosted, with galena and sphalerite occurring as replacements of host rock and breccia matrix phases, locally accompanied by barite.
 
Location
Data last updated on : 11/30/2007
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