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2005

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Highlights

The development of Jabiru Metals Limited's Jaguar Project is close to fruition, at a time when both copper and zinc prices are continuing to improve.

  • Snowden due diligence completed for banks.
  • Improved results from updated feasibility.
  • Conditional statutory approvals received.
  • Integration of historical Teutonic Bore data highlights exploration potential.

Highlights

  • Jaguar Copper/Zinc Project Fullyt Funded
  • Construction commenced on site
  • A$5M per year Exploration commitment

Jabiru Metals Limited (ASX:JML) advises that of the 155,819,165 new shares to be issued pursuant to the recently completed Entitlements Issue, 45,653,250 were entered onto uncertificated holdings on 23 December 2005. The balance of the issue will be finalised in due course in accordance with the terms of the underwriting agreement.

We wish to advise new contact details for Jabiru Metals Limited (JML)

In accordance with Listing Rule 3.13.2 we advise that at a General Meeting of shareholders of Jabiru Metals Limited held today the resolution put to the meeting was approved unanimously.

On 16 November 2005, Jabiru Metals Limited (“Jabiru”) announced a non-renounceable entitlements issue to raise approximately $28 million.

file icon Jaguar Boxcut Commencedhot!Tooltip 11/23/2005 Hits: 3350

The Directors of Jabiru Metals Limited (Jabiru) are pleased to advise that Works Infrastructure Pty Ltd (Works) have mobilised earthmoving equipment to the Jaguar mine and have already commenced construction of the boxcut.

On 16 November 2005, Jabiru Metals Limited ((Investments and Securities Commission (of up to approximately 155,819,165 shares at an issue price of 18 cents each on the basis of nine (9) shares for every ten (10) fully paid ordinary shares in the capital of the Company held at 5.00pm (WST) on 25 November 2005, to raise up to approximately $28,047,450 (Limited and Consolidated Minerals Limited.

Company) lodged a prospectusProspectus) with the Australian Stock Exchange Limited (ASX) and the AustralianASIC) for a non-renounceable entitlement issueEntitlement Issue). The Entitlement Issue is partly underwritten by Hartleys

This Supplementary Prospectus supplements and should be read together with the prospectus dated 16 November 2005.

Prospectus issued by Jabiru Metals Limited Company.
file icon Entitlement Issue Prospectushot!Tooltip 11/16/2005 Hits: 3375
A non-renounceable entitlement issue on the basis of 9 Shares for every 10 Shares currently held at an issue price of $0.18 each and being approximately 155,819,165 Shares to raise approximately $28,047,450. The issue is underwritten to the extent of 124,670,165 Shares. Refer to Section 8.2 of this Prospectus for further details.

Highlights

  • The development of Jabiru Metals Limited's Jaguar Project is close to fruition, at a time when both copper and zinc prices are continuing to improve.
  • Snowden due diligence completed for banks.
  • Improved results from updated feasibility.
  • Conditional statutory approvals received.
  • Integration of historical Teutonic Bore data highlights exploration potential.

Highlights

  • Jaguar Project Bankable Feasibility Study completed demonstrating robust project economics.
  • Jaguar Offtake Agreement entered into with Newmont Golden Grove Operations Pty Limited for both the copper and zinc concentrates.
  • Diamond core drilling at Jaguar intersected semi-massive sulphide 100 metres up dip of the previously recognised limits of the Jaguar massive sulphide lens and two zones of semi-massive to massive sulphide intersected 120 metres down plunge from the Jaguar resource highlighting the potential for increased resources.
  • Daimler Discovery – RC Percussion drilling 800 metres north of Teutonic Bore returned 30 metres at 2% Cu, 0.3% Zn and 14.5 g/t Ag from 108 metres downhole which may lead to the discovery of further mineralisation.
  • Jabiru holds 100% of the Teutonic Bore leases following acquisition of Inmet's interest in the exploration tenements.

The Directors of Jabiru Metals Limited ("Jabiru") (ASX:JML) are pleased to provide an update on the development of the Jaguar Project.

The Directors of Jabiru Metals Limited ("Jabiru") (ASX: JML) are pleased to announce that all components of a base case Bankable Feasibility Study ("BFS") for the Jaguar Project (“the Project”) are complete and that the Project's development is attractive. Although further value adding work is continuing the BFS is now ready for consideration by financiers and off-take parties.