80 Mile Plc · LSE:80M
80 Mile — Bluejay Mining — Investor Presentation (March 2023)
33 slides from 80 Mile's investor presentation, March 2023
Slide 1: Discovering and Delivering Commodities for our Future, in Greenland and Finland
Corporate Presentation March 2023 Discovering and Delivering Commodities for our Future, in Greenland and Finland
Slide 2: Cautionary Statements
Cautionary Statements Cautionary Statements • This presentation (‘Presentation’), and the information contained herein, is not for viewing, release, disclose it (or any discussions with any of the Company) to any person, except as may be required by law, distribution or publication into or in the Un
Slide 3: Discovery, Develop & Delivery… An introduction to Bluejay
Discovery, Develop & Delivery… An introduction to Bluejay Exploration Strategy expenditure of $37 • Explore and progress portfolio, both million committed independently and with a suite of tier-one partners on three key projects • Create value through considered exploration, monetisation of projects
Slide 4: Bluejay Snapshot
Bluejay Snapshot Premium resource portfolio in Greenland & Finland Disko-Nuussuaq (Ni-Cu-Co-PGM-Au) Enonkoski (Ni-Cu-Co-PGM) Potential to host a new world-class nickel deposit – analogues to Licences cover entire prospective belt that hosts two former Ni-Cu mines. Noril’sk Nickel District. His
Slide 5: Bluejay Snapshot: Advancing the portfolio
Advancing the portfolio Bluejay Snapshot Bluejay Snapshot 2023 Feb: Kangerluarsuk ($ 2m) summer 2023 drill season becomes Bluejay’s third live exploration project 2023 Feb: Strategic review completed by Executive Chairman, Robert Edwards, refocusing value drivers 2023 Jan: Commencement of 2023 Drill
Slide 6: Board & Management
Board & Management A highly experienced board and management team with market, business and technical expertise. Board & Management Collectively with more than a century of experience in Greenland and Finland together with strong government relations. Bo Mike Peter Rob Hutchinson Waugh Stensgaard Ed
Slide 7: Why Greenland & Finland?
Greenland means business… locations attractive locations & Finland Why Greenland & Finland? attractive GREENLAND FINLAND Greenland • A European mineral region with a well-established • A European mineral region with a long mining and transparent regulatory environment. tradition, transparent, low-ri
Slide 8: Bluejay Commodity Exposure
Bluejay Company Exposure Portfolio Exposure to Future Facing Commodities Unique Diverse & Strong Project Portfolio Bluejay Commodity Exposure Disko Ni-Cu-Co-PGE-Au [active exploration activites] Green Transition Metals Battery Metals Electrification Metals Outokumpu Cu-Co-Ni-Au [advanced brownfield
Slide 9: Do it the right way…
Do it the right way… Highest Environmental, Social and Governance Standards Do it the right way… • Sustainability is a guiding principle in all activities and operations across the entire Company. • This is evidenced through a very strong social license to operate in both jurisdictions • Attain goal
Slide 10: Kangerluarsuk Zn-Pb-Ag ± Cu-Ge
GREENLAND ± Cu-Ge Kangerluarsuk Zn-Pb-Ag OPTY^ Project • An emerging district-scale, high-grade metal opportunity in Central West Greenland - near the former Black Angel Mine
Slide 11: Kangerluarsuk: An emerging district-scale, high-grade base metal opportunity
Kangerluarsuk Zn-Pb-Ag ± Cu-Ge Kangerluarsuk: An emerging district-scale, high-grade base metal opportunity The Kangerluarsuk Project consists of two 100% owned Figures adapted from: Sørensen et al., 2013 mineral exploration licences totalling 692 km2 located within the Karrat Group, a major Paleo
Slide 12: Kangerluarsuk: exploration licences & upside potential
Kangerluarsuk Zn-Pb-Ag ± Cu-Ge Kangerluarsuk: exploration licences & upside potential Drill-targets – maiden programme to commence in summer 3D inversion and modelling of the geophysical data (EM) has identified multiple deep, highly conductive bodies. Several of the conductive bodies are coinci
Slide 13: Kangerluarsuk: ready for summer 2023 maiden drilling programme
Kangerluarsuk Zn-Pb-Ag ± Cu-Ge Kangerluarsuk : ready for summer 2023 maiden drilling programme << Discovery and KGS zones: high grade outcropping mineralisation close to the basement contact with chip sampling results of up to up to 1 metre @ 41.1% Zn, 0.4 metres @ 45.4 % Zn and grab samples of up t
Slide 14: The Dundas Ilmenite (Titanium) Project
NORTH-WEST GREENLAND The Dundas Ilmenite (Titanium) OPTY^ Project Large-scale, fully permitted project
Slide 15: Offtake of Dundas ilmenite concentrate secured
Offtake of Dundas ilmenite concentrate secured Dundas Ilmenite Project Master Distribution Agreement reached with Asian conglomerate for up to 340,000 tonnes per annum of Dundas ilmenite • Large, long established Asian Conglomerate with global interests in Commodity Trading & Industry. • Agreement s
Slide 16: Current JORC Resource & Upside Potential
Current JORC Resource & Upside Potential Dundas Ilmenite Project Classification Location Tonnes (kt) >5mm (%) >2mm (%) <63μm (%) THM (%) In-Situ TiO2 (%) Moriusaq 88,000 27.5 36.1 4.2 27.0 3.1 Iterlak East 19,500 15.3 24.0 12.8 22.2 2.2 Indicated Iterlak West 4,800 23.2 32.4 13.8 11.9 1.0 Total Indi
Slide 17: Basic Mining & Processing
Basic Mining & Processing Dundas Ilmenite Project Dundas Mine Layout Sea Simple and proven: Low environmental impact: Planned scenario: • Excavation by dozer • Electrification • Onshore mining • Easy transport by conveyor • No tailings or waste; natural • All year production • Simple screening produ
Slide 18: Dundas Story Board
Dundas Story Board Mine Construction, Production, Re-location & Reclamation Dundas Ilmenite Project 18
Slide 19: Dundas: Mine Construction, Production, Re-location & Reclamation
Dundas Mine Construction, Production, Re-location & Reclamation Dundas Ilmenite Project • New concept: Dry-docked barge-based processing plant and infrastructure with fabrication and commissioned off-site Dundas. • Additional new concepts in the project: Conveyor systems, new more simple mining meth
Slide 20: The Disko-Nuussuaq Ni-Cu-Co-PGM-Au Project
WEST GREENLAND The Disko-Nuussuaq OPTY^ Ni-Cu-Co-PGM-Au Project • Early-mover on large-scale drill-ready targets with analogous to Noril’sk-Talnakh Mining District – potential for a Tier-1 discovery
Slide 21: Disko Project: Joint-Venture Agreement with KoBold Metals
Disko Ni-Cu-Co-PGM-Au Project Disko Ni-Cu-Co-PGM-Au Project - Joint-Venture Agreement with KoBold Metals - We are looking for what we think could be the most significant nickel and cobalt discoveries in 100 years JV with KoBold Metals – highlights: • Principal investors in KoBold Metals include Brea
Slide 22: Disko: Tier 1 world class potential
Disko Ni-Cu-Co-PGM-Au Project Disko Ni-Cu-Co-PGM-Au Project - Tier 1 world class potential - - The source supplying the green energy transition and battery metal demand - Potential for Disko – at least 12-16Mt of nickel – • Geologically demonstrable that at least 12-16Mt of nickel awaits to be found
Slide 23: The smoking gun…
The smoking gun… Disko Ni-Cu-Co-PGM-Au Project - mineralisation processes have occurred at all scales - 28t large massive Ni-Cu-Co-PGM sulphide Ni-Cu-Co-PGM sulphide globules boulder resting within/one a dyke in contaminated and depleted basaltic lava Pauly 1950 – the Igdlukunguaq locality where the
Slide 24: Towards the Discoveries needed for the Green Transition & Battery Metals
Disko Ni-Cu-Co-PGM Project Towards the Discoveries needed for the Green Transition & Battery Metals Disko Ni-Cu-Co-PGM-Au Project • Drill-ready targets identified; confirmed in multiple datasets – geological, geochemical and geophysical. • Accessible and operational ground; drilling on targets. • JV
Slide 25: Enonkoski Ni-Cu-Co-PGM Project
FINLAND Enonkoski Ni-Cu-Co-PGMOPTY^ Project • US$ 20M JV Agreement with Rio Tinto – underexplored belt with two historical mines and regional potential
Slide 26: Enonkoski JV Agreement with Rio Tinto
Enonkoski Ni-Cu-Co-PGM Project Enonkoski JV Agreement with Rio Tinto • US$ 20M JV Agreement with Rio Tinto on the Enonkoski Ni-Cu-Co- PGM Project. • In the first phase, the world’s second-largest miner could secure 51% ownership by spending $5M by 2023 (65% @ +$5M by 2025; 75% @ +$10M by 2029). • Dr
Slide 27: Hammaslathi Cu-Zn-Au-Ag Project
FINLAND Hammaslathi Cu-Zn-Au-Ag Project OPTY^
Slide 28: History & Mineralisation type
History & Mineralisation type Brownfield district - no competition, Bluejay have monopoly… Results - summary • Extensions of historical ore lodes have been proven. • Best intercept 15m from 536m @ 3.05% Cu, 0.13% Zn, 14.39 ppm Ag, 0.77 g/t Au (0.2% Cu cut off) including 3.4m @ 11.51% Cu, 0.44% Zn, 5
Slide 29: Outokumpu Cu-Ni-Co-Zn-Au-Ag Project
FINLAND Outokumpu Cu-Ni-Co-Zn-Au-Ag OPTY^ Project • Potential for attractive commodity basket deposit, including battery metals, within world famous mine district with three former mines
Slide 30: Outokumpu: one of the world's most prolific geological belts
Outokumpu Outokumpu – one of the world’s most prolific geological belts – • The Outokumpu Belt is one of the world’s most prolific geological belts. • Hosts multiple high-grade deposits including the world famous Outokumpu copper mine. Kylylahti Mine • Two former mines, Outokumpu Cu-Ni-Co-Zn-Au-Ag M
Slide 31: Outokumpu: Unique and High Grade Ore Types
Outokumpu Cu-Ni-Co-Zn-Au-Ag Project – Unique and High Grade Ore Types– • Famous and unique Cu-Ni-Co-Zn-Au-Ag ore type – no comparative deposits elsewhere; brownfield lacking modern assessment. • The unique Outokumpu ore is worthy exploring for: • Copper is very high with credits from relative high C
Slide 32: Bluejay Snapshot: Delivering our Strategy
Bluejay Snapshot Delivering our Strategy Meeting demand: Ethical, sustainable and responsible sourcing of critical • Global Trends Green Transition & Global Growth Metals – the Bluejay Project Portfolio. Transparent, secure, pro-mining regulated European countries with high Low-risk jurisdiction: En
Slide 33: Contact details
Bo Møller Stensgaard Managing Director, CEO bms@bluejaymining.com Robert Edwards Executive Chairman robert@bluejaymining.com Kevin Sheil Corporate Development & Strategy kevin@bluejaymining.com