Business
Kangerluarsuk Survey Programme
Kangerluarsuk Survey Programme.
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 \n \n \n \n \n 14 September 2022\n \n \n \n \n \n \n \n \n \n Bluejay Mining plc ('Bluejay' or the 'Company')\n \n \n \n \n \n \n \n \n \n Kangerluarsuk Survey Programme\n \n \n \n \n \n \n \n \n Bluejay Mining plc, the AIM, FSE-listed and OTCQB traded exploration and development company, is pleased to provide an update on the\n 100% owned Kangerluarsuk zinc-lead-silver project ('Kangerluarsuk' or the 'Project') in West Greenland.\n \n \n \n \n \n \n Highlights\n \n \n \n ·\n Aerial geophysical survey covering nearly 600-line kilometre's ('km') of gravity gradiometry, magnetic and terrain data was completed last week,\n within budget, and with 100% of the data accepted.\n \n \n ·\n Fully processed results will be received in Q4 2022, with further integration and interpretation concluding in Q1 2023, with the anticipation of raising confidence in existing drill targets and adding additional ones.\n \n \n ·\n Kangerluarsuk, located 12km north of the historical Black Angel zinc, lead and silver mine (Greenland's most profitable historic mine), has never been drilled. Bluejay plan to drill as soon as is practicable.\n \n \n ·\n Work by previous operators produced outcropping surface channel results of up to41.1% zinc & 45.4% lead and grab samples of up to 9.3% lead, 1.2% copper and 596 grammes per tonne ('g/t') silver.\n \n \n \n \n \n \n \n \n Bo Møller Stensgaard, CEO of Bluejay Mining, commented: \n \n \n \"We are excited to have completed the airborne gravity survey at Kangerluarsuk.\n \n \n The data was acquired through the efficient cost-effective use of this platform already operating in West Greenland. This data will ultimately allow us to increase confidence in a future drill campaign at the Project.\n \n \n \n \n \n \n \n \n \n \"With Zinc's inclusion in the 2022 List of Critical Minerals issued by the U.S. Geological Survey, the Company believes that Kangerluarsuk has the potential to create material value for our shareholders. We look forward to sharing the results of the survey following receipt of the analysed data.\"\n \n \n \n \n \n \n \n \n \n Further Information\n \n \n \n \n \n \n \n \n The Kangerluarsuk aerial survey commenced in late August and was completed last ...