Proactive Investors - Run By Investors For Investors

Bluejay Mining just weeks away from resource updates on Iterlak East and West, and Offshore Shallow Marine

BlueJay is developing a significant suite of mineral sands projects in Greenland
Bluejay Mining just weeks away from resource updates on Iterlak East and West, and Offshore Shallow Marine
On the ground in Greenland

BlueJay Mining PLC (LON:JAY) shares rose on Tuesday as the firm said it expects to deliver updated resource calculations for the Iterlak East, Iterlak West and the Offshore Shallow Marine mineral sands targets in Greenland within the next two months.

The Iterlak East and Iterlak West resource is expected in April, while the Offshore Shallow Marine resource is expected in May.

READ: BlueJay Mining upgrades resource for Dundas project as it presses ahead with PFS

These resources follow on from the recent resource upgrade at the Dundas ilmenite project, the world's highest-grade mineral sands ilmenite project.

The Dundas resource now stands at 101mln tonnes.

In early afternoon trading, BlueJay shares were 5.3% higher at 9.50p.

 -- Adds share price --

 

View full JAY profile View Profile

BlueJay Mining PLC Timeline

Related Articles

Drilling work at Cinovec
April 29 2019
Here we take a deep dive into the mechanics of European Metals Holdings PLC (LON:EMH) (ASX:EMH), which in the Cinovec project has a tiger by the tail
mineral sands
June 27 2019
Dundas currently has a resource estimate of 117mln tonnes at 6.1% ilmenite in-situ.
Gold  nuggets
January 29 2019
Maverix’s sole aim is to deliver shareholder returns through building an attractive precious metals royalty and streaming portfolio

© Proactive Investors 2019

Proactive Investors Australia PTY LTD ACN:132787654 ABN:19132787654.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use