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Results of Geochemical Surveys at Disko
Results of Geochemical Surveys at Disko.
About this update from 80 Mile Plc
[{"type":"text","content":"\n \nRNS Number : 8283B Bluejay Mining PLC 04 February 2020 \n\nTo view the announcement with the illustrative maps and diagrams please use the following link:\nhttp://www.rns-pdf.londonstockexchange.com/rns/8283B_1-2020-2-3.pdf\n \n \nBluejay Mining plc / EPIC: JAY / Market: AIM / Sector: Mining\n4 February 2020\nBluejay Mining Plc ('Bluejay' or the 'Company')\nResults of MMI and SGH Geochemical Surveys at the Disko-Nuussuaq Project\n and\n Licence Expansion\n \nBluejay Mining Plc, the AIM and FSE listed company with projects in Greenland and Finland, is pleased to announce the recently received assay results from the first geochemical survey undertaken at its Disko-Nuussuaq Ni-Cu-Co-PGM-Au Project in Greenland ('Disko' or the 'Project'), which was completed in October 2019. The Company has also been granted a newly expanded licence area at Disko as well as a new licence on Disko Island by the Mineral Licence and Safety Authority, Greenland ('MLSA').\n \nHighlights\n· Highly encouraging results from MMI-ME™ (Mobile Metal Ions) and SGH™ (Spatiotemporal Geochemical Hydrocarbon) soil geochemical surveys at Disko;\no MMI-ME™ samples identified multiple nickel and copper geochemical anomalies, further enforcing both new and pre-existing anomalies\no SGH™ results for nickel and copper mineralisation coincides with the Company's defined drill-targets at Disko \n· Programme represents the first ever systematic geochemical sampling programme over existing targets at Disko and further supports geological and geophysical models for the presence of nickel-copper bearing sulphide mineralisation\n· A total of 1,161 samples were taken over eight of the more prospective zones within the licence areas and analysed for MMI-ME™ and SGH™;\no Four of the locations tested received an SGH™ rating of between 4.0 and 5.0 out of a scale from 0.5 to 6.0, confirming strong signatures consistent with nickel and/or copper mineralisation\no Of the four remaining transects, three received an SGH™ rating of at least 3.0 for both nickel and/or copper mineralisation, and one had an SGH™ rating of 2.5\n· Licence expansion has increased Bluejay's total land position at Disko-Nuussuaq to 2,897 km2;\no ...