Jubilee Metals Group Plc · LSE:JLP
Jubilee Metals — Corporate Update (June 2026)
14 slides from Jubilee Metals's corporate update, June 2026
Slide 1: The Molefe Mine: From Exploration to Scalable Copper Production
Jubilee DO Metals Group THE MOLEFE MINE — From Exploration to Scalable Copper Production June 2026 : ‘
Slide 2: Molefe within Jubilee's Zambia Strategy
STRATEGIC CONTEXT Molefe within Jubilee’s Zambia Strategy Jubilee DO Metals Gro (Pillar 2 - Sable Refinery and mining assets) * What was outlined in Aug-25 What has since been delivered Zambia would move toward an integrated mine-to-metals model anchored by Sable and nearby mining operations. The st
Slide 3: Fully Integrated Mine-to-Metals Hub
Metals Group ZAMBIA COPPER PLATFORM Fully Integrated Mine-to-Metals Hub Jubilee YO Asset Overview F ae | Tanzanie + Sable Refinery: Central processing hub; 14,000tpa capacity following commissioning eas of the second tank-house, aligned Republic ofthe with the expansion of mining operations across t
Slide 4: Jubilee's Differentiated Copper Model
VALUE & DIFFERENTIATION Jubilee’s Differentiated Copper Model Established Proce: g Platform + In-country experience; 400 team members - Existing copper processing and refining infrastructure + Already producing copper and generating operating cash flow + Integrated processing capability reduces deve
Slide 5: The Molefe District
THE MOLEFE DISTRICT - Pre-stripping and pit development underway to integrate Pit 2 (pictured) and Pit 3 into a larger open-pit operation informed by Phase 1 drilling results. + Phase 2 drilling is focused on the south-eastern extension of the property. + Four additional large-scale exploration righ
Slide 6: Drilling Supporting Resource Expansion
Drilling Supporting Resource Expansion Jubilee DO Phase 1 and Phase 2 Exploration Holes Phase 3 Exploration Holes 06 Drilling
Slide 7: Resource Development Plan
RESOURCE DEVELOPMENT PLAN Jubilee DO ‘Metals Group Jubilee’s Differentiated Copper Model EE EI Ee Ec Production Resource Initial Further Regional Drilling Drilling Drilling Drilling Drilling re v v v (JORC updates as additional drilling data is incorporated) Greater Molefe district will be subject o
Slide 8: Phase 1 Drilling - Confirming Grade, Continuity and Expansion Potential
PHASE 1 DRILLING Phase 1 Drilling - Confirming Grade, Continuity and Expansion Potential + ~3,390m of infill drilling completed across the current mining area + Results confirmed near-surface oxide mineralisation continuity and grades aligned with the evolving mine plan + Phase 1 drilling results su
Slide 9: Updated Mine Plan: Executing the Scale-Up
UPDATED MINE PLAN Executing the Scale-Up - Accelerated stripping programme to expand Pits 2 and 3 into a single open-pit mine progressing to plan and expected to be fully completed by July 2026 + During April 2026, more than 250 000t of pre-stripping material was removed as part of the stripping pro
Slide 10: Indicative Production Profile
INDICATIVE PRODUCTION PROFILE Jubilee YO Metals Group Clear Path to Increased Throughput ROM deliveries from Molefe to Sable recommenced following initial stripping activities under the updated mine plan First ROM delivered on 5 June 2026, with refining recommencing at Sable Molefe remains on track
Slide 11: Upcoming Activities
Upcoming Activities On-Site Ore Processing Strategy - Introduction of on-site ore sorting to separate high-grade and lower-grade material more efficiently - High-grade ore targeted for direct routing to Sable for immediate refining - Lower-grade material targeted for on-site processing to optimise o
Slide 12: Phase 2 progressing resource definition and long-term mine planning
Phase 2 progressing resource definition and long-term mine planning Jubilee DO Objectives Strengthen the case for Molefe as a longer-life, planned and expandable Sable feed source (JORC/CPR work targeted Q4 CY2026). Determine how much of that extension can convert into formal resource-backed mine gr
Slide 13: Molefe can validate a repeatable hub-and-spoke template
Molefe can validate a repeatable hub-and-spoke template Jubilee DO Metals Group Prove: Expand: Replicate: Prove integrated mining Use drilling and planning Replicate the template plus Sable routing. to expand confidence. across nearby opportunities. (Owned feed mined, (Strategy improves as (First re
Slide 14: Molefe: Proving the Model
MOLEFE: PROVING THE MODEL Jubilee YO Metals Group Capabilities Demonstrated + Integrate mining and processing efficiently + Deliver near-term cash flow while building long-term resource value 15 Final