RNS Number : 7302H
Bluejay Mining PLC
31 July 2023
 

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31 July 2023

 

Directors' Share Subscription and Finland Portfolio

 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 a series of recent announcements from the Company.

The interview discusses the Directors Share Subscription and the IPO of Metals One plc, as well as the recent strategic update on Bluejay's portfolio of assets in Finland.

 

The Video Interview is available on the following link: https://www.youtube.com/watch?v=LaJlTy0vfk8

 

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

Kevin Sheil

Bluejay Mining plc

enquiry@bluejaymining.com

Ewan Leggat / Adam Cowl

SP Angel Corporate Finance LLP
(Nominated Adviser and Broker)

+44 (0) 20 3470 0470

Tim Blythe / Megan Ray / Said Izagaren

BlytheRay
(Media Contact)

+44 (0) 20 7138 3205

 

 

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. The Company holds multiple exploration and development projects in Greenland and Finland, providing 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.

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, 12.4% lead and 596 g/t silver; and the 920 sq km Thunderstone Project which has the potential to host 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 identified multiple drill ready targets at the Enonkoski nickel-copper-cobalt Project in East Finland. 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 also owns a c.29% holding in Metals One plc (recently listed on the AIM Market in London).

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