Bluejay Mining PLC Field Season Podcast
19 7월 2022 - 3:00PM
RNS Non-Regulatory
TIDMJAY
Bluejay Mining PLC
19 July 2022
Bluejay Mining plc / EPIC: JAY / Market: AIM / Sector:
Mining
19 July 2022
Bluejay Mining plc ('Bluejay' or the 'Company')
Field Season Podcast
Bluejay Mining plc, the AIM, FSE listed and OTCQB traded
exploration and development company with projects in Greenland and
Finland, is pleased to announce the publication of a podcast
recording with Bluejay's Chief Executive Officer, Mr Bo Møller
Stensgaard .
The podcast discusses this summer's active field season planned
at four of the Company's projects: The Disko-Nuussuaq Project, The
Dundas Project, The Kangerluarsuk Project and The Enonkoski
Project.
The Podcast is available to listen on the following link:
https://youtu.be/uX3Pqnhzz68
and can also be found on the Company's website at
https://bluejaymining.com/investors/media-interviews
For further information please visit
http://www.bluejaymining.com or contact:
Bo Stensgaard / Kevin Bluejay Mining plc enquiry@bluejaymining.com
Sheil
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Ewan Leggat/ Adam SP Angel Corporate Finance
Cowl LLP(Nominated Adviser) +44 (0) 20 3470 0470
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Hannam & Partners (Advisory)
Andrew Chubb LLP +44 (0) 20 7907 8500
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Tim Blythe/ Megan
Ray BlytheRay +44 (0) 20 7138 3205
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Notes
Bluejay is listed on the London AIM market and Frankfurt Stock
Exchange and its shares also trade on the OTCQB Market in the US.
With multiple projects in Greenland and Finland, Bluejay has now
secured three globally respected entities as partner, customer, and
co-investor on three of its projects, giving the Company and its
shareholders both portfolio and commodity diversification in high
quality jurisdictions.
Bluejay has signed a definitive joint venture agreement with
KoBold Metals to guide exploration for new deposits rich in the
critical materials for electric vehicles (The Disko-Nuussauq
Project). Principal investors in KoBold include Breakthrough Energy
Ventures, a climate & technology fund, overseen by Bill Gates,
and whose investors include Michael Bloomberg, Jeff Bezos, and Ray
Dalio. Other investors in KoBold include Andreessen Horowitz, the
premier Silicon Valley venture capital fund and Equinor, the
Norwegian state-owned multinational energy company.
Bluejay's most advanced project is the Dundas Ilmenite Project
in Greenland, which is fully permitted and being developed towards
production in the near term, with preparatory activities scheduled
to commence in 2022. The Dundas Ilmenite Project has a Mineral
Resource reported in accordance with the JORC Code of 117Mt 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 has agreed a Master Distribution
Agreement with a major Asian conglomerate for up-to 340ktpa of its
anticipated 440ktpa annual output. The Company's strategy is
focused on securing financing ahead of commencing commercial
production at Dundas and has appointed a Global Investment Bank as
the lead arranger. This strategy will create a company capable of
self-funding exploration on its current and future projects.
Bluejay holds two additional projects in Greenland - 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. Bluejay also has a
joint-venture agreement with a mining major at Enonkoski in Finland
and has recently signed a binding agreement for a partial
divestment in a fourth Finnish project.
**ENDS**
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