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gold jubilee capital corp (GJB) Snapshot

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gold jubilee capital corp (GJB) Details

Gold Jubilee Capital Corp., an exploration stage company, acquires and explores mineral properties in Canada. The company primarily explores for copper and gold deposits. It has interests in the Pyramid project that consists of 19 contiguous mineral claims covering 7,307 hectares and is located in northwestern British Columbia. The company was incorporated in 2007 and is headquartered in Vancouver, Canada.

Founded in 2007

gold jubilee capital corp (GJB) Top Compensated Officers

Chief Executive Officer, President, Director,...
Total Annual Compensation: C$10.0K
Chief Financial Officer and Director
Total Annual Compensation: --
Compensation as of Fiscal Year 2013.

gold jubilee capital corp (GJB) Key Developments

Gold Jubilee Capital Corp. Releases Results from 2014 Exploration Program at Pyramid Project

Gold Jubilee Capital Corp. released results from the 2014 exploration program at the Pyramid project located on highway 37, north of Dease Lake, B.C. The Pyramid project is a copper-gold target that lies within the Quesnel Terrane and covers favorable geology for hosting porphyry copper-gold mineralization. The 2014 program consisted of a 32.3 line-km Volterra-3D IP geophysical survey and 722 geochemical samples (24 rock, 695 soil and 3 silt). The 2014 exploration program was designed to follow up on the widespread copper and gold anomalies outlined in the 2013 exploration program. The 2014 exploration program at Pyramid was highlighted by the continued discoveries of additional zones of widespread gold and copper soil and rock geochemical anomalies and a number of coincidental interpreted IP chargeability and resistivity anomalies. Soil sampling, rock sampling and geophysics have outlined three priority zones to date: the MT Zone, the Central Zone and the East Zone. The MT and East Zones were the focus for the 2014 geochemical program. The East Zone (discovered in 2013) returned a number of encouraging rock sampling results, including sample 2689655 which returned 11.5 g/t Au, 7.0 g/t Ag and 805 ppm Cu, sample 2588452 which returned 4.6 g/t Au, 2.5 g/t Ag, and 746 ppm Cu, and sample 2689653 which returned 0.36% Cu. At the MT zone, 2014 soil sampling defined a broad 2.5km2 zone of coincident 95th percentile gold (>39.86 ppb) with soil values up to 4.2g/t Au and 95th percentile copper (>253.5 ppm) with soil values up to 1,344 ppm Cu. Rock sampling in the area also returned encouraging results including sample 2689002 which returned 0.27 % Cu and 0.10 g/t Au, sample 2689008 which returned 0.29 % Cu, 0.18 g/t Au and 3.8 g/t Ag. Gold Jubilee contracted SJ Geophysics to complete a 32.3 line-km Volterra-3D IP survey that was designed to investigate two significant geochemical copper-gold anomalies at the MT and Central Zones, outlined from the 2013 exploration program. The purpose of this program was to identify if there are resistive and chargeable signatures associated with the geochemical anomalies of interest. A large interpreted chargeability anomaly (greater than 16 ms) was identified below a known geochemical target at the Central Zone (up to 976 ppm Cu and 0.223 g/t Au, averaging 359 ppm Cu). Additionally, the IP Program was expanded to include an area identified by XRF, which led to an interpreted chargeability feature being identified below the recently discovered gold-in-soils anomaly at the MT Zone. The 2014 exploration program was successful in outlining new zones of copper and gold mineralization. Follow up rock sampling confirmed the 2013 soil program anomalies at the MT Zone and new sampling outlined encouraging (up to 11.5 g/t Au) rocks at the East Zone and encouraging (4.23 g/t Au) soils at the MT Zone. The 2014 Volterra 3D IP survey was successful in outlining interpreted chargeability and resistivity highs that are coincident with elevated copper and gold geochemistry at both the Central and MT Zones.

Gold Jubilee Capital Corp. Appoints Tag Gill as Director

Gold Jubilee Capital Corp. announced the appointment of Mr. Tag Gill as Director. Mr. Gill has provided financial reporting and management services to publicly-listed companies, primarily in the mineral exploration sector, for more than 8 years. Previously, he was employed in the Technology Division of Teck Resources Limited.

Gold Jubilee Capital Corp. to Adopt New Set of Articles for the Company

Gold Jubilee Capital Corp. announced that it will approve a special resolution for the adoption of a new set of articles for the Company at the Annual and Special General Meeting to be held on August 11, 2014.


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