Business
Update on the Thunderstone Project, Greenland
Update on the Thunderstone Project, Greenland.
About this update from 80 Mile Plc
[{"type":"text","content":"\n \n \n RNS Number : 5518V\n Bluejay Mining PLC\n 10 August 2020\n \n \n \n Bluejay Mining plc / EPIC: JAY / Market: AIM / Sector: Mining\n 10 August 2020\n Bluejay Mining plc ('Bluejay' or the 'Company')\n \n \n Thunderstone 2020 Gold, PGE, Base Metal Field Exploration Programme\n \n \n and\n \n \n Commissioning of a Remote Sensing Study\n \n \n \n \n \n Bluejay Mining plc, an AIM and FSE listed, and Greenland focused exploration and development company, is delighted to announce that it has finalised a low-cost Fieldwork Programme ('Field Programme' or the 'Programme') for its 100% owned Thunderstone Project ('Thunderstone' or the 'Project') in South Greenland following the hiatus of all field activities and travel restrictions which included the postponement of the extensive fieldwork planned at Disko-Nuussuaq and Kangerluarsuk in 2020 due to the COVID-19 pandemic. \n \n \n \n To view the announcement with the illustrative maps and diagrams, please use the following link: \n \n \n http://www.rns-pdf.londonstockexchange.com/rns/5518V_1-2020-8-7.pdf\n \n \n \n \n \n Highlights\n \n \n · \n Bluejay submitted a Field Programme application for Thunderstone to the Mineral Licence and Safety Authority, Greenland ('MLSA') for approval, with mobilisation of the field crew scheduled for late-August 2020.\n \n \n · \n The Programme is focussed on following up on several high-priority gold, platinum group elements ('PGE') and base metal geochemical anomalies identified as part of Bluejay's recent re-analysis of historical stream sediments.\n \n \n ·\n The application submitted to the Greenlandic Authorities is for a cost-effective boat-based Field Programme at Thunderstone, with ad-hoc helicopter support available as required. \n \n \n · \n The Company has also commissioned\n Dr Philippa Mason, of HME Partnership, to carry out a project-wide remote sensing study for Thunderstone utilising Aster, Sentinel-2, Landsat-8 and Arctic DEM satellite data. Preliminary target selection and ranking is due to be delivered prior to the commencement of the 2020 Field Programme.\n \n \n · \n Bluejay has applied for an extension of both Thunderstone licences as a result of the geochemical anomalies identified from the new stream sediment data. These include a cluster of gold anomalies close to historical reports ...