Bluejay Mining PLC Placing and Operational Video Interview Update
30 Giugno 2023 - 8:00AM
RNS Non-Regulatory
TIDMJAY
Bluejay Mining PLC
30 June 2023
30 June 2023
Placing and Operational Video Interview Update
Bluejay Mining plc ('Bluejay' or the 'Company'), the AIM, FSE
listed and OTCQB traded exploration and development company with
projects in Greenland and Finland, is pleased to provide a video
interview update with the Company's Executive Chairman, Robert
Edwards, following the Placing and Operational Update announcement
( 28 June 2023 ).
The interview discusses the announcement, outlining the
Company's GBP1.3 million fundraise which will be focussed on the
Hammaslathi Copper-Zinc-Silver-Gold Project in Finland.
The Video Interview is available on the following link:
https://www.youtube.com/watch?v=_3RKOY9rsLU
For further information please visit
http://www.bluejaymining.com or contact:
Kevin Sheil Bluejay Mining plc enquiry@bluejaymining.com
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SP Angel Corporate Finance
LLP
Ewan Leggat / Adam (Nominated Adviser and
Cowl Broker) +44 (0) 20 3470 0470
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Tim Blythe / Megan BlytheRay
Ray / Said Izagaren (Media Contact) +44 (0) 20 7138 3205
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About Bluejay Mining plc
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 four globally respected entities as partners on three of
its projects, and exploration expenditure of up to $37 million
contractually committed on three key projects, giving the Company
and its shareholders both portfolio and commodity diversification
in high quality jurisdictions.
Bluejay's Dundas Ilmenite Project in northwest Greenland is
fully permitted and undergoing further optimisation studies. The
Company has agreed a Master Distribution Agreement with a major
Asian conglomerate for up-to 340k tonnes per annum ('tpa') of its
designed 440ktpa annual output. The Company has also mandated a
major European bank to head the financing syndicate for Dundas.
Bluejay, through its wholly owned subsidiary Disko Exploration
Ltd., has signed a definitive Joint Venture Agreement with KoBold
Metals to guide exploration for new deposits rich in the critical
materials required for the green energy transition and electric
vehicles (The Disko-Nuussuaq nickel-copper-cobalt-PGE Project).
Disko Exploration Ltd holds two additional projects in Greenland -
the 692 sq km Kangerluarsuk zinc-lead- silver project, where
historical work has recovered grades of up to 45.4% zinc, 9.3% lead
and 596 g/t silver and where multiple large-scale drill targets
have been identified; and the 920 sq km Thunderstone project which
has the potential to host large-scale base metal and gold
deposits.
In Finland, Bluejay currently holds three large scale
multi-metal projects through its wholly owned subsidiary FinnAust
Mining Finland Oy. The Company has a Joint Venture Agreement with a
mining major at its Enonkoski nickel-copper-cobalt Project in East
Finland which has seen continued exploration and drilling since
June 2021. Bluejay's drill ready Hammaslahti
copper-zinc-gold-silver project hosts high-grade VMS mineralisation
and extensions of historical ore lodes have been proven. The drill
ready Outokumpu copper-nickel-cobalt-zinc-gold-silver project is
located in a prolific geological belt that hosts several high-grade
former mines. Bluejay has also signed a conditional agreement for a
partial divestment in a fourth Finnish project.
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