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Bluejay issues updated 2019 work programme for Dundas project

The firm said during the year it would focus on preparing a bulk smelter sample to be shipped to the Sorel-Tracy plant in Quebec, Canada, owned by ilmenite refiner Rio Tinto Iron and Titanium Canada

Ilmenite
Dundas is the world's highest-grade mineral sands ilmenite project

Bluejay Mining PLC (LON:JAY) has issued an updated 2019 work programme for its Dundas ilmenite project in Greenland.

The AIM-listed firm said during the year it would focus on preparing a bulk smelter sample from the project to be shipped to the Sorel-Tracy plant in Quebec, Canada, owned by ilmenite refiner Rio Tinto Iron and Titanium Canada Inc, following an agreement between the two firms to jointly analyse the ilmenite from the Dundas project.

READ: Bluejay Mining submits prefeasibility study for Dundas project

Bluejay also said it would be working on the construction of a 2,400 tonne per week demonstration plant to process ilmenite-bearing sand samples into heavy minerals concentrate.

The group was also aiming to complete the final year of its shallow-marine Environmental Base-Line Study, continue onsite infrastructure development and lodge an application for a mining licence.

Chief executive Roderick McIllree said the company expected to lodge the application in the coming months while also providing a progress update for the other assets in its portfolio.

He added that after experiencing delays at the project, the firm was now “starting to build momentum again”.

In mid-morning trading on Tuesday, Bluejay’s shares were up 0.7% at 7.5p.

Quick facts: BlueJay Mining PLC

Price: 10.04 GBX

AIM:JAY
Market: AIM
Market Cap: £85.84 m
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BlueJay Mining announces significant upgrade to resource at Dundas

Rod McIllree, chief executive of Bluejay Mining PLC (LON:JAY) talks Proactive's Andrew Scott through the upgrade to the ilmenite resource at the Dundas shoreline project in Greenland. The mineral sands prospect now holds 96mln tonnes at 6.9% ilmenite, a 400% increase on the first estimate...

on 23/4/18

2 min read