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Drilling results from Enonkoski JV with Rio Tinto
Drilling results from Enonkoski JV with Rio Tinto.
About this update from 80 Mile Plc
[{"type":"text","content":"\n \n \n \n Bluejay Mining plc / EPIC: JAY / Market: AIM / Sector: Mining\n \n \n \n \n 27 March 2023\n \n \n \n \n Bluejay Mining plc ('Bluejay' or the 'Company')\n \n \n \n \n Encouraging drilling results from the Enonkoski Ni-Cu-Co Joint Venture Project with Rio Tinto\n \n \n \n \n \n \n Bluejay Mining plc, the AIM, FSE listed and OTCQB traded exploration and resource development company with projects in Greenland and Finland, is pleased to announce the results from the first exploration programme of 2023 at the Enonkoski Nickel-Copper-Cobalt ('Ni-Cu-Co') Project ('Enonkoski' or the 'Project') in eastern Finland as part of the Joint Venture ('JV') and earn-in agreement with Rio Tinto Exploration Finland Oy ('Rio Tinto') announced 10 November 2020.\n \n \n \n \n \n \n Highlights\n \n \n \n ·\n Two drill holes for a total of 951.10 metres ('m') were drilled in January at the Laukunlampi target located 1.5 kilometres ('km') south-east of the former Laukunkangas Ni-Cu-Co mine (6.7 million tonnes ('Mt') at 0.78% Ni and 0.22% Cu were mined from Laukunkangas with the nickel grades of the off-set massive sulphide ores of over 5%, copper of up to 2% and cobalt of up to 0.3% (Geological Survey of Finland, 2020)[1]).\n \n \n ·\n Drill hole ENON0028 intercepted a significant width of mineralised vari-textured pyroxenitic-noritic units with multiple intervals of nickel-copper sulphide (pyrrhotite, pentlandite, chalcopyrite) droplet zones, and locally thin intervals of net-textured semi-massive sulphide mineralisation. The best mineralised interval in this hole yielded a nickel ('Ni') content of 0.41% whilst the remaining intervals within the sulphide droplet zones averaged 0.16% Ni (Table 2).\n \n \n ·\n A downhole electromagnetic survey ('DHEM') was conducted on both new drill holes during February.\n \n \n ·\n LIBS (Laser Induced Breakdown Spectroscopy) scanning of drill core from ENON0028 has been completed.\n \n \n ·\n Geological and geophysical modelling is ongoing with the aim to define targets for follow-up drilling of the mineralisation that have been intercepted in several drill holes within the Laukunlampi intrusion.\n \n \n ·\n Spot measurements of the sulphide droplets in ENON0028 with a handheld pXRF (portable X-ray fluorescence) show readings of up to 11% Ni demonstrating the exceptionally high Ni ten...