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Share Name Share Symbol Market Type Share ISIN Share Description
Bluejay Mining Plc LSE:JAY London Ordinary Share GB00BFD3VF20 ORD 0.01P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.20 -1.97% 9.975 9.90 10.05 10.50 9.84 10.05 2,428,104 16:35:05
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 0.0 -1.8 -0.2 - 97

Bluejay Mining PLC Public Consultation Meetings Completed for Dundas

14/08/2020 7:00am

UK Regulatory (RNS & others)


Bluejay Mining (LSE:JAY)
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RNS Number : 1102W

Bluejay Mining PLC

14 August 2020

Bluejay Mining plc / EPIC: JAY / Market: AIM / Sector: Mining

14 August 2020

Bluejay Mining plc ('Bluejay' or the 'Company')

Public Consultation - Final Meeting Completed

Bluejay Mining plc, the AIM and FSE listed company with projects in Greenland and Finland, is pleased to announce that the final meeting of the Public Consultation has successfully taken place for its Exploitation Licence application for the Dundas Ilmenite Project in North-West Greenland.

The meeting with the settlement of Savissivik took place on 12 August 2020, following its earlier postponement, as outlined in the 3 August 2020 RNS issued by the Company.

The Public Consultation period ends on 2 September 2020.

**ENDS**

For further information please visit http://www.bluejaymining.com or contact:

 
 Roderick McIllree    Bluejay Mining plc              +44 (0) 20 7907 9326 
 Kevin Sheil          Bluejay Mining plc              +44 (0) 20 7907 9326 
                     ------------------------------  --------------------- 
                      SP Angel Corporate Finance 
                       LLP 
 Ewan Leggat           (Nominated Adviser)            +44 (0) 20 3470 0470 
                     ------------------------------  --------------------- 
                      SP Angel Corporate Finance 
                       LLP 
 Soltan Tagiev         (Nominated Adviser)            +44 (0) 20 3470 0470 
                     ------------------------------  --------------------- 
                      Hannam & Partners (Advisory) 
 Andrew Chubb          LLP                            +44 (0) 20 7907 8500 
                     ------------------------------  --------------------- 
 Charlotte Page       St Brides Partners Ltd          +44 (0) 20 7236 1177 
                     ------------------------------  --------------------- 
 Cosima Akerman       St Brides Partners Ltd          +44 (0) 20 7236 1177 
                     ------------------------------  --------------------- 
 

Notes

Bluejay is dual listed on the London AIM market and Frankfurt Stock Exchange with projects in Greenland and Finland. Its most advanced project is the Dundas Ilmenite Project in Greenland, which is being developed towards production in the near term. The Dundas Ilmenite Project has been proven to be the highest-grade mineral sand ilmenite project globally, with a JORC Compliant Resource of 117 million tonnes at 6.1% ilmenite and a maiden offshore Exploration Target of between 300Mt and 530Mt of ilmenite at an average expected grade range of 0.4 - 4.8% ilmenite in-situ.

The Company's strategy is focused on securing an offtake partner and commencing commercial production at Dundas in the near term in order to create a company capable of self-funding exploration on current projects and future acquisitions.

Bluejay holds three additional projects in Greenland - the 2,897sq km Disko-Nuussuaq ('Disko') Magmatic Massive Sulphide nickel-copper-cobalt-platinum group element-gold project ('Ni-Cu-Co-PGE-Au'), which has shown its potential to host mineralisation similar to the world's largest nickel-copper mining district at Noril'sk-Talnakh, northern Russia; the 692sq km Kangerluarsuk zinc-lead- silver project ('Kangerluarsuk'), where historical work has recovered grades of 41% zinc, 9.3% lead and 596 g/t silver and identified four large-scale drill ready targets; and the 2,025 sq km Thunderstone project which has the potential to host large-scale base metal and gold deposits.

The Company also has a 100% interest in a portfolio of copper, zinc and nickel projects in Finland. This multi-commodity portfolio has been restructured to be cost-sustainable whilst determining the best plan for future development.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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(END) Dow Jones Newswires

August 14, 2020 02:00 ET (06:00 GMT)

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