Business

Dundas Field Work Update

Dundas Field Work Update.

article80 Mile PlcSeptember 12, 20183/news/dundas-field-work-update
Dundas Field Work Update

About this update from 80 Mile Plc

RNS Number : 4801A Bluejay Mining PLC 12 September 2018   Bluejay Mining plc / EPIC: JAY / Market: AIM / Sector: Mining 12 September 2018 Bluejay Mining plc ('Bluejay' or the 'Company')   Dundas Field Work Update   Bluejay Mining plc, the AIM and FSE listed company with projects in Greenland and Finland, is pleased to provide an operational update on the 2018 field programme at its 100% owned, flagship Dundas Ilmenite Project ('Dundas' or 'the Project') in Greenland as it prepares the site for the commencement of mining. The 2018 work programme has successfully advanced bulk sampling for prospective customers, will expand on the existing 96 million tonnes at 6.9% ilmenite (in situ) resource and has significantly developed infrastructure to support commercial production.   Dundas Field-Work Update   Bulk Sampling: ·    10,000t bulk sampling completed (see Figure 2): o Excavated, screened and stockpiled 10,000 tonnes of ROM grading ±40% ilmenite and currently awaiting delivery instructions for further processing and testing from interested parties. ·    Additional samples have, and will continue to be, dispatched in the coming weeks to several key groups for the purpose of testing and supporting ongoing discussions regarding offtakes for up to the entire 450,000t of planned annual ilmenite production.   Drilling/trenching: ·    Extensive drilling and trenching programme performed on raised beaches at Iterlak Delta, east of Iterlak Delta and at the foreland west of Iterlak Delta (see Figure 2). ·    In total, 68 holes have been drilled with the intention of enhancing the Project resource with ilmenite-rich sediments encountered in all new holes so far: o 23 holes drilled on Iterlak Delta averaging 12m without the interception of bedrock, as confirmed by new Ground Penetrating Radar survey over the area. Manual trenching programme covering the extent of Iterlak was also completed. o 45 holes drilled on the raised beach east of Iterlak Delta and at the foreland west of Iterlak Delta in addition to an extensive sediment trenching programme. ·    Trenching on raised beaches around Moriusaq was also performed to expand existing resources, improve understanding of geological domains, and for geotechnical investigations. ·    Full results are expe...

View stock analysis, news, and events for 80 Mile Plc