Bluejay Mining PLC Awarded Prospector and Developer of the Year
March 06 2018 - 3:30AM
RNS Non-Regulatory
TIDMJAY
Bluejay Mining PLC
06 March 2018
Bluejay Mining plc / EPIC: JAY / Market: AIM / Sector:
Mining
6 March 2018
Bluejay Mining plc ('Bluejay' or the 'Company')
Awarded Prospector and Developer of the Year for 2017 by the
Government of Greenland
Bluejay Mining plc, the AIM and FSE listed company with projects
in Greenland and Finland, is pleased to announce that it has been
awarded "Prospector and Developer of the Year 2017" by the
Government of Greenland. This award is given to companies or
individuals who have demonstrated initiative and innovation within
Greenland's mineral industry, robust environmental practices and
social responsibility as well as providing inspiration on how to
successfully explore in Greenland.
The award win was announced at the Government of Greenland's
Greenland Day reception at the PDAC 2018 convention.
Bluejay CEO Roderick McIllree said, "It's pleasing to have
Dundas and our work recognised as an industry leader by the
Government of Greenland. This is a strong vote of confidence and
support for the project as well as recognising the success we have
had in the identification and rapid advancement of the Dundas
Titanium Project.
"With a wider development portfolio, including the
Disko-Nuussuaq Magmatic Massive Sulphide Nickel-Copper-Platinum
project, as well being the largest licence holder in Finland which
includes several historical mining operations we look forward to
continuing our work throughout 2018. We will continue to work
closely with the Greenlandic Government as we focus on developing
Dundas as rapidly as possible whilst at the same time continuing to
evaluate opportunities that arise for our wider portfolio."
**ENDS**
For further information please visit http://www.titanium.gl or
contact:
+44 (0) 20 7907
Roderick McIllree Bluejay Mining plc 9326
------------------- -------------------- ----------------
SP Angel Corporate +44 (0) 20 3470
Ewan Leggat Finance LLP 0470
------------------- -------------------- ----------------
SP Angel Corporate +44 (0) 20 3470
Soltan Tagiev Finance LLP 0470
------------------- -------------------- ----------------
Hannam & Partners +44 (0) 20 7907
Ingo Hofmaier (Advisory) LLP 8500
------------------- -------------------- ----------------
Hannam & Partners +44 (0) 20 7907
Andrew Chubb (Advisory) LLP 8500
------------------- -------------------- ----------------
Charlotte St Brides Partners +44 (0) 20 7236
Page Ltd 1177
------------------- -------------------- ----------------
St Brides Partners +44 (0) 20 7236
Megan Dennison Ltd 1177
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Notes
Bluejay has a number of highly prospective licences at various
stages of development in Greenland and Finland. The Company is dual
listed on the London AIM market and Frankfurt Stock Exchange.
The Company is currently focussed on advancing the Dundas
Ilmenite Project in Greenland, an area that has only recently
revealed its mineral potential following changes in the climate.
Dundas, which with an initial Inferred JORC resource of 23.6Mt at
8.8% ilmenite (in situ), including a high-grade zone equal to 7.9Mt
at 14.2% ilmenite, and significant further upside, has been proven
to be the highest-grade mineral sand ilmenite project globally.
Dundas comprises three main target areas along an >40km
coastline historically proven to contain large and high-grade
accumulations of primary ilmenite occurring as placer deposits in
the following environments:
-- Raised beaches; containing ilmenite accumulations over widths
of more than 1km, of unknown depths, along more than 30km of
coastline;
-- Active beaches; which refer to the area seaward of the
frontal dunes, including the beach, tidal zones and surf zone;
and
-- Drowned beaches; refers to the areas seaward of active beaches.
Whilst Dundas is the Company's primary focus, Bluejay also holds
a portfolio of prospective assets that offer additional upside
opportunity. This includes the Disko Nickel, Copper, Cobalt &
Platinum Project in West Greenland, which is held through the
Company's 100% owned subsidiary Disko Exploration Limited. The
project is of significant exploration interest to Bluejay due to
its geological similarities to Norilsk-Talnakh, the world's largest
nickel/copper sulphide mine in northern Russia ("Norilsk"). Both
Disko and Norilsk contain nickel-copper-cobalt-platinum
('Ni-Cu-Co-PGE') rich Magmatic Massive Sulphides ("MMS").
Bluejay also holds a 100% interest in a portfolio of copper,
zinc and nickel projects in Finland. This multi-commodity portfolio
remains a strategic asset of importance and has been restructured
to be cost-sustainable whilst determining the best plan for future
development.
Qualified Persons
The information in this press release that relates to Mineral
Resources is based on information compiled under the direction of
Mr Roderick McIllree who is a Member of the Australasian Institute
of Mining and Metallurgy.
Mr McIllree is a full-time employee of Bluejay Mining Plc and
has sufficient experience which is relevant to the style of
mineralisation and type of deposit under consideration and to the
activity which he has undertaken to qualify as a Competent Person
as defined in the 2012 Edition of the 'Australasian Code for
Reporting of Exploration Results, Mineral Resources and Ore
Reserves' (the JORC Code) and for the purposes of the AIM Rules. Mr
McIllree has reviewed this press release and consents to the
inclusion in the press release of the matters based on his
information in the form and context in which this appears.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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