Jubilee to take Cosmos underground by year's-end

JUBILEE Mines is set to launch its Cosmos Deeps underground development in November after today announcing the completion of a bankable feasibility study which confirmed that the deposit, located beneath the Cosmos open pit, will extend the life of the project until at least mid-2007.

The feasibility study confirmed the viability of developing the Cosmos Deeps deposit via a decline from the western side of the existing open pit.