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Bluejay Mining PLC - Presentation & Attendance at 2020 PDAC Convention

RNS Number : 1139E
Bluejay Mining PLC
26 February 2020
 

RNS REACH ANNOUNCEMENT

 

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

26 February 2020

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

 

Attendance at the 2020 PDAC Convention

and

Presentation at PDAC Greenland Day

 

Bluejay Mining plc, an AIM and FSE listed company with exploration projects in Greenland and Finland, is pleased to announce that it will be presenting at the PDAC International Convention, Trade Show & Investors Exchange ('PDAC') to be held from 1-4 March 2020 at the Metro Convention Centre, Toronto, Canada.

 

Bluejay will provide an overview of its three key projects (the Dundas Ilmenite Project, the Disko-Nuussuaq Nickel-Copper-Platinum Project and the Kangerluarsuk Zinc-Lead-Silver Project) at the PDAC Greenland Day, which is hosted by the Government of Greenland.  The PDAC Greenland Day will be held on Monday 2 March between 13:00-16:00 in Room 205B, North Building, Metro Toronto Convention Centre. Following the event, Bluejay's presentation will be made available on the Company's website.

 

The Company will be represented at PDAC by Executive Director and COO, Dr Bo Møller Stensgaard; Geology Manager, Eric Sondergaard; and Greenland Exploration Manager, Joshua Hughes.  If you wish to meet with Bluejay during PDAC, please email the Company's Investor Relations team at news@bluejaymining.com to arrange a meeting.

 

PDAC is the world's leading convention for investors, companies and organisations in, or connected to, mineral exploration and finance. The convention typically attracts over 25,000 delegates from around the world. For further information or to register for PDAC please visit http://www.pdac.ca/convention.

 

Bluejay CEO Roderick McIllree said, "We are delighted to have been invited by the Government of Greenland to present at the upcoming PDAC Convention.   With exceptional resources, a highly strategic location and a supportive mining code, we believe Greenland is set to become the next major mining destination and we look forward to remaining at the fore of this.  PDAC brings together the mining elites and so provides a perfect forum to present the strong value fundamentals of our portfolio whilst also strengthening our industry contacts."

 

**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

Ewan Leggat

SP Angel Corporate Finance LLP

Nominated Adviser

+44 (0) 20 3470 0470

Soltan Tagiev

SP Angel Corporate Finance LLP

Nominated Adviser

+44 (0) 20 3470 0470

Andrew Chubb

H&P Advisory Ltd.

+44 (0) 20 7907 8538

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 and primarily focused on advancing the Dundas Ilmenite Project in Greenland into production in the near term.  Dundas 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 two additional projects in Greenland - the 2,897sq km Disko-Nuussuaq ('Disko') Magmatic Massive Sulphide ('MMS') nickel-copper-platinum project ('Ni-Cu-PGM'), which  has shown its potential to host mineralisation similar to the world's largest nickel/copper sulphide mine Noril'sk-Talnakh, and 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.

 

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.
 
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