Bluejay Mining secures further landholding in south-west Greenland
Bluejay Mining has enhanced its landholding for the Disko-Nuussuaq magmatic massive sulphide (MMS) nickel-copper-platinum project in south-west Greenland by more than 200% after securing additional exploration licences.
The licences were granted by the Government of Greenland and are valid for a five-year period until 31 December 2022.
With the additional licences, the land package within the project has increased to 462.3km².
Bluejay Mining CEO Roderick McIllree said: "Having previously proven that Greenland is host to the world’s highest-grade ilmenite mineral sand deposit through the development of our Pituffik Titanium Project, we continue to demonstrate Greenland’s wider significant resource potential and also our ability to identify and develop assets in-country.
"Based on the work conducted at Disko to-date, together with our understanding of the region, we believe there is significant discovery potential here and as such we have increased our land position accordingly.
"Alongside this, we, of course, continue to remain focused on commencing production at our flagship Pituffik Titanium Project in 2018."
So far, seven MMS targets have been identified in the licence area, with the largest being 5.9km-long by 1.1km-wide.
In addition, the company discovered a 28t boulder assaying 6.9% nickel, 3.7% copper, 0.6% cobalt and 2g/t platinum group metals on the licence area.
At the project, the company has started a moving loop electromagnetic (EM) survey, which is scheduled to be completed in four weeks.
According to the company, results of the survey will help identify optimal locations for drilling.