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Jubilee Project
Country Canada 
Province Nova scotia
Close to Cape breton island
Surface 5 km² / 1,236 acres Number of claims 189
Latitude / Longitude 67 N 28 / 113 W 37
Print Valuation Travel To Property All neighbouring Properties Mines and deposits nearby All active properties nearby
Explores for Lead - Zinc -
Risk and valuation analysis of the Jubilee Project
Status Risk : Advanced discovery
Country Risk : Very Low
Resource Risk : 20.00%
In situ value
288,392,663 $
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 $500,000, to be paid by the issuance o more...
Location of the Jubilee Project
Jubilee Property consists of 189 contiguous claims in the Little Narrows area of Cape Breton Island, in Nova Scotia, Canada.
History of the Jubilee Project
High-grade mineralization was first discovered in outcrop at Jubilee in 1927. Early work consisted of trenching and two short adits; samples recovered from one of the adits are reported to have assayed as high as 33% Zinc and 12% lead over 1.6 meters more...
Geology of the Jubilee Project
The Jubilee Deposit is a stratabound zinc-lead-barite deposit, analogous to “Irish style” and Mississippi Valley Type (MVT) base metal deposits. Ore grade mineralization at Jubilee is carbonate-hosted, with galena and sphalerite occurring as replacements of host rock and breccia matrix phases, locally accompanied by barite.
Reserves and resources of the Jubilee Project
TonnageGradeReserves and resources
 Inferred3,464,8920.863.62 65 693 502 276 523 810
 Total 3 464 892 65 693 502 276 523 810
Reserves and resources of the Jubilee Project
MetalTotalReservesResourcesUnitIn situ value
ProvenProbableProven and ProbableMeasuredIndicatedMesured and IndicatedInferred
 Zinc 276 523 810 276 523 810lbs 204 876 491 US$
 Lead 65 693 502 65 693 502lbs 53 231 445 US$
Data last updated on : 11/30/2007
All information on this page comes from internal and external sources deemed reliable. This information might not be up to date, so please perform due diligence before making any conclusion or making any action. Do contact us should any information be missing or incorrect.
Cautionary Note to US Investors concerning estimates of Measured and Indicated Mineral Resources