Jubilee announced it has engaged Snowden Mining Industry Consultants ("Snowden") following a multi-company tender to manage the engineering, financial and environmental assessment of the Tjate Project towards feasibility. The Tjate Project comprises three contiguous farms, totalling 5,143 hectares in the eastern Bushveld: namely Dsjate, Fernkloof and Quartz Hill.

Snowden expects to issue a preliminary feasibility statement by the end of 2010. The Company anticipates the study will include some infill drilling and metallurgical testwork on the UG2 chromitite reef to reinforce the robustness of the mineral resource estimate and broaden the economic evaluation of the deposit.

Colin Bird CEO commented: "Rapidly increasing platinum group metal prices and the apparent improvement in global economies gives the Board the confidence to advance the project to final evaluation."