Business
Greenland Exploration Update
Greenland Exploration Update.
About this update from 80 Mile Plc
[{"type":"text","content":"\n \nRNS Number : 0311P Bluejay Mining PLC 29 August 2017 \n\nClick on or paste the following link into your website browser to view the associated PDF document:\n \nhttp://www.rns-pdf.londonstockexchange.com/rns/0311P_-2017-8-25.pdf\n \n \nBluejay Mining plc / EPIC: JAY / Market: AIM / Sector: Mining\n29 August 2017\n \nBluejay Mining plc ('Bluejay' or the 'Company')\nGreenland Exploration Update\n \nBluejay Mining plc, the AIM and FSE listed company with projects in Greenland and Finland, is pleased to provide an update on exploration and development work currently underway at its flagship Pituffik Titanium Project in Greenland ('Pituffik' or the 'Project'). Furthermore, the Company is pleased to confirm that exploration work at the Company's Disko-Nuussuaq Magmatic Massive Sulphide Nickel-Copper-Platinum Project ('Disko') in south-west Greenland is on-track to commence in Q4 2017.\n \nDrilling nearing completion:\n· All sonic drill holes outside of existing resource area completed see (Figures 1 & 2)\n· A further 50 sonic holes now planned within the existing Pituffik resource area\n· Auger drilling is underway at Itelak, which represents the largest target on the licence area, as well as a recently discovered super high-grade deposit to the east where initial sampling shows that extensive areas of up to 80% ilmenite in-situ exists in large quantities (Figure 3)\n· High grade ilmenite observed in all holes to date with some holes returning exceptional high-grade results from top to bottom (Figure 4)\n· New resource calculation is expected to potentially increase the current resource of 23.6Mt at 8.8% ilmenite\n \nBulk sample complete:\n· Initial first batch of 250 tonne ilmenite rich run-of-mine ('ROM') material shipped, second batch of 250 being prepared for shipping\n· Additional material is also being shipped to finalise metallurgical test work at the Company's pilot plant located at IHC Robbins (subsidiary of Royal IHC) in Queensland, Australia\n· Additional batch of 250 tonne of ROM material prepared for further customer acceptance process\n· Recovery of ilmenite rich sediment has exceeded expectations and stock...