RE: Speculation13 Jan 2026 12:54
Kalan, enjoy the profits. I will be patient and wait for the huge resource announcement at Molefe and Project G. My strategy is to add small amounts as we go up. LWP I anticipate no immediate announcement and it will surprise if there is progress with a JV in the first 6 months.
In the and around the Greater Molefe area, silver is currently found as a highly significant by-product of Copper, but it is also expected to be a major component of any future Zinc/Lead production. Jubilee’s current mining at Molefe targets copper-rich "gossans" (oxidized surface rock). These gossans at Molefe have shown extraordinary silver grades (some samples hitting over 1,000 g/t up to 7,000 g/t). At these levels, silver is almost a "co-product" rather than a minor by-product.
In the neighboring Kabwe mine (which Shuka is acquiring), silver was historically a by-product of the world-class zinc and lead deposits. Shuka’s data shows that roughly 3 million ounces of silver were produced historically alongside zinc.
Let us all await the resource mapping for the Greater Molefe Area and silver in high concentrations would be more than welcome!
https://www.youtube.com/watch?v=clAlBieeDrM&t=289s ( Plenty of Zinc, lead, silver, etc. in the area - greater molefe resource mapping will be interesting).