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Working Sulphide System Confirmed at Disko
Working Sulphide System Confirmed at Disko.
About this update from 80 Mile Plc
[{"type":"text","content":"\n \nRNS Number : 7574Y Bluejay Mining PLC 08 December 2017 \n\nBluejay Mining plc / EPIC: JAY / Market: AIM / Sector: Mining\n 8 December 2017\nBluejay Mining plc ('Bluejay' or the 'Company')\nWorking Sulphide System Confirmed - Disko 2017 Work Programme Update\n \nBluejay Mining plc, the AIM and FSE listed company with projects in Greenland and Finland, is pleased to announce that it has completed its maiden 2017 field work programme at the 100% owned Disko Nickel, Copper, Cobalt & Platinum Project in West Greenland ('Disko' or the 'Project'). \n \nHighlights\n· Surface sampling confirms working sulphide system with initial chemical assays in oxidised surface material returning 2.02% Nickel, 0.8% Copper, 0.2% Cobalt\n· Handheld XRF sampling on fresh, polished material returned values averaging between 4.6%-9.3% Nickel & 1.5 - 2.8% Copper\n· Primary objective of Disko 2017 work programme was to identify drill targets\n· Work focussed on southern licence area, Area 1 - The Kugg Project\n· Completed a Moving Loop, High Powered Electro-Magnetic ('MLEM') survey\no designed to test low resistivity targets identified by previous licensees\no EM results are currently the subject of detailed evaluation and assessment by the Company and its advisors\n· Fresh sample taken from outcrops show characteristics indicative of large scale Ni-Cu-Co-PGE sulphide segregation, course grained inter-locking crystals of metal sulphides observed in hand specimens, average size +15cm\n· Surveys were carried out in two of the four anomalies in Area 1, with the remainder to be tested next year\n· Data compilation and interpretation for Area 2 - The Illug Project ('Illug'), located on the northern peninsular continues - this work has already identified numerous additional targets, as well as confirming historically identified anomalies\n· Additional large coincident gravity, magnetic and conductor anomalies identified in the new licence areas\n· Results from 2017 exploration work together with historical data will continue to be assessed in the coming months to refine targets for future exploration work\n· Standalone exploration...