Business
Maiden Campaign For Geological Hydrogen and Helium
Maiden Campaign For Geological Hydrogen and Helium.
About this update from 80 Mile Plc
[{"type":"text","content":"\n\n \n\n\n\n13 August 2024\nBluejay Mining plc / Ticker: JAY / Market: AIM / Sector: Mining\nBluejay Commences Maiden Campaign For Geological Hydrogen and Helium at Outokumpu\n \nBluejay Mining plc ('Bluejay' or the 'Company'), the AIM, FSE listed and Pink-Market traded exploration and development company with projects in Greenland and Finland, is delighted to announce the start of low-cost & wide ranging work programmes to evaluate possible significant deposits of geological hydrogen and helium (including other industrial gas) in the Outokumpu Belt. This work stream will include integrating all historical data including seismic.\n \nPreviously Identified Significant Findings:\n· High Gas Concentrations: Historical deep drilling within the Outokumpu Belt, as reported by the Geological Survey of Finland (GTK), has revealed substantial concentrations of helium and hydrogen. Notably, the best intersection shows 100 meters at 5.6% helium within a broader 1,500-meter intercept at 1.5% helium\n· Newly identified Results also include 80m @ 5.03% lithium (50,300mg/l) in deep brines within a larger section of 580m@ 1.16% lithium (11,623mg/l). By way of comparison brines from the \"Lithium Triangle\" (Argentina, Chile, and Bolivia). The Salar de Atacama in Chile have an average lithium concentration of about 0.14% lithium or 1400ppm\n· Comparative Geology: The Outokumpu Belt's geology is similar to the Lorraine region in France, which hosts the world's largest known deposit of white hydrogen\n· Deep Drilling Success: Gas samples from a 2480-meter-deep drill hole, analysed by the GTK, has revealed up to 46% geological hydrogen, highlighting the belt's potential for industrial gas reserves\n· Extensive Historical Data: >2000 historical drill holes provide robust foundation for fast-tracking gas assessment across the 40-kilometer licence holding\n \nUpcoming Exploration Program:\nSurface Sampling: Historical drill hole and surface sampling will be undertaken using a portable hydrogen and helium detector to measure concentrations of these gasses. This program will also aid in assessing the location and condition of historical drillholes for further samplin...