Business
Follow Up Drilling Underway at Enonkoski
Follow Up Drilling Underway at Enonkoski.
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 28 March 2023\n \n \n \n \n Bluejay Mining plc ('Bluejay' or the 'Company')\n \n \n \n \n Follow Up Drilling Underway at 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 that a short follow-up drill programme has commenced 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\n \n 10 November 2020\n \n .\n \n \n \n \n \n The short follow-up diamond drilling programme at Enonkoski is planned to consist of a single drill hole with a planned depth of 400 metres ('m') at the Laukunlampi intrusion located approximately 1 kilometre ('km') south-east of the historic Laukunkangas Ni-Cu-Co mine. Two drill holes for a total of 951.1m were completed at the Laukunlampi target in January, followed by downhole electro-magnetic ('DHEM') and three component ('3C') magnetic surveys on both new drill holes, which were completed during February. For further details and analytical results refer to our earlier RNS dated\n \n 27 March 2023 (titled: \"Encouraging drilling results from the Enonkoski Ni-Cu-Co Joint Venture Project with Rio Tinto\").\n \n \n \n \n \n Based upon the encouraging results from the diamond drilling programme in January and subsequent geological and geophysical modelling, the JV have decided to proceed with drill testing a high-priority drill target within the Laukunlampi intrusion whilst drill rig availability allows. The new hole (ENON0029) currently in progress, is collared 435m to the north-northwest of ENON0028 (Figure 2, Table 1). The objective of the current drill hole is to test the current geological model which indicates that the pyroxenitic units (the most favourable rock type within the Laukunlampi intrusion to host Ni-Cu-Co mineralisation) continue towards the north-west. In addition, the drill hole will test a NNW-SSE trending and NNW plunging magnetic anomaly that is coincident with an airborne electromagnetic ('EM') conducto...