TIDMJAY
RNS Number : 3898A
Bluejay Mining PLC
29 May 2019
Bluejay Mining plc / EPIC: JAY / Market: AIM / Sector:
Mining
29 May 2019
Bluejay Mining plc ('Bluejay' or the 'Company')
Onshore & Maiden Offshore Resource Update at Dundas Ilmenite
Project
Bluejay Mining plc, an AIM and FSE listed company with projects
in Greenland and Finland, is pleased to announce a significant
resource increase, which includes a maiden Exploration Target for
the offshore region within its licence area at Dundas Ilmenite
Project ('Dundas' or the 'Project').
Highlights:
-- Total Mineral Resource increased by 15% to 117Mt at 6.1%
ilmenite in-situ at a 0% cut-off grade, reported in accordance with
the JORC Code (2012), following drilling at onshore Iterlak East
and Iterlak West
-- Maiden offshore Exploration Target, reported in accordance
with the JORC Code (2012), highlights the significant expansion
potential from the offshore deposit at Dundas
The 2018 onshore drill results recorded at Dundas' Iterlak East
and Iterlak West project areas have resulted in an updated Mineral
Resource of 117Mt containing 6.1% ilmenite in situ (the
'Resource'). This estimate has been derived and reported by SRK
Exploration Services Ltd ('SRK'). The Resource, reported at a 0%
cut-off grade and in accordance with the JORC Code (2012), has been
delivered from sampling of consistent and homogenous material with
high-grade and high-quality ilmenite from the onshore raised
beaches at the Iterlak East and West deposits. This updated Mineral
Resource estimate replaces the Mineral Resource announced in the
RNS dated 17 December 2018 and positively enhances the Project
economics.
RSC Global Pty Ltd ('RSC') has determined 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. This
has been evaluated through a work programme involving marine
seismic, bathymetry, as well as active and drowned beach sampling.
This target has been presented as an Exploration Target in
accordance with the JORC Code (2012), and the Competent Person
takes responsibility for the form and the context in which the
Exploration Target appears in this report. The potential quantity
and grade of the Exploration Target is conceptual in nature, and
there has been insufficient exploration to estimate a Mineral
Resource, therefore it is uncertain if further exploration will
result in the estimation of a Mineral Resource.
Bluejay CEO Roderick McIllree said: "The resource base at Dundas
has always been significant, and this latest increase of 15% in
indicated onshore resources to both the east and west of the
Iterlak delta resource demonstrates that there is still a lot yet
to be realised. The Company intends to continue with additional
resource progression over the next 12 to 24 months. The total
tonnage has risen to a total of 117Mt at 6.1% ilmenite on the
raised beaches of Dundas, enhancing both the economic potential of
the Project and the potential life of mine.
"Significant upside is also represented by the publication of
the maiden offshore Exploration Target prepared by RSC. In
conjunction with this, today's announced onshore resource upgrade
represents another meaningful step forward in both the financial
and commercial evaluation of the Project with the successful
identification of additional saleable material at Dundas.
"Importantly, we anticipate that the inherent advantages of the
homogenous and consistent material, high-grade Indicated Resource,
and the coarse-grained and chemical nature of our ilmenite will
enhance Project economics over the long term. Coupled with the fact
that this material is now recognised by industry players as being
suitable for sulphate pigment, sulphate slag and chloride slag
production, the Company is in an extremely favourable position
moving forward.
"More generally, we continue to make good progress with the
permitting process and the publication of an optimised
pre-feasibility study ('PFS'). We expect to be able to update
shareholders on both aspects shortly. Moreover, the team has been
working hard with our consulting partners Wood plc, IHC Robbins,
Royal IHC and study managers Quedtech ltd, Keypointe ltd and SRK,
in order to continue developing our mine and operational plan.
"Bluejay has been working closely with world-leading dredging
company Royal IHC to produce a dredging study at Dundas' offshore
ilmenite deposit. Early indications thus far support a conceptual
low-cost operation. Furthermore, environmental baseline studies for
the marine deposit have been ongoing and will continue in 2019.
These studies will provide a very strong base for assessing the
environmental impact of an offshore mining operation.
"Upon the announcement of these 2018 onshore exploration results
at Dundas and the upgraded onshore Mineral Resource, we are able to
shift our land-based exploration activities to some of our other
projects in Greenland, whilst we continue driving the permitting
process and offshore exploration at Dundas. The offshore
Exploration Target provides upside for the current development of
the onshore-focused mining and processing scenario which, following
the intended upgrading of the Exploration Target to Mineral
Resource, will be assessed in the PFS for Dundas. These are
exciting times and the Company looks forward to updating
shareholders regarding all other activities in due course."
Further Information
To view this announcement with illustrative images, please use
the following link:
http://www.rns-pdf.londonstockexchange.com/rns/3898A_1-2019-5-28.pdf
New Onshore Resource
SRK has produced an updated Mineral Resource Estimate for the
Moriusaq onshore raised beach mineral sands deposit that forms part
of Bluejay's Exploration Licence in northwest Greenland (licence
number: 2015/08) based on all valid data available as at 8 May
2019. The estimate has been derived using a combination of auger
and sonic drilling data, pit and trench work, as well as bulk
samples to assess the effect of sonic drilling on the integrity of
the ore material. This information was then interpolated into a
series of 3D geological models created by SRK.
Figure 1 below shows the model produced for Iterlak East and
Table 1 presents the updated Mineral Resource. SRK considers that
all the delineated mineralisation has reasonable prospects for
eventual economic extraction and the Mineral Resource Statement has
therefore been reported at a 0% cut-off grade using the terminology
and guidelines set out in the JORC 2012 Code.
Figure 1: TiO2 grades (block model) developed by SRK Exploration
Service along the 5 km long onshore raised beached at Iterlak
East
Table 1: Updated onshore Mineral Resources (classified according
to JORC 2012) for the Dundas Ilmenite Project
Classification Location Tonnes >5mm >2mm <63<MU>m THM In-Situ
(kt) (%) (%) (%) (%) TiO(2)
(%)
---------------- ----------------- -------- ----- ----- --------- ----- --------
Moriusaq 88,000 27.5 36.1 4.2 27.0 3.1
Indicated Iterlak East 19,500 15.3 24.0 12.8 22.2 2.2
Iterlak West 4,800 23.2 32.4 13.8 11.9 1.0
---------------------------------- -------- ----- ----- --------- ----- --------
Total Indicated 112,300 25.2 33.9 6.1 25.5 2.8
---------------------------------- -------- ----- ----- --------- ----- --------
Inferred Moriusaq 5,000 15.7 23.0 5.7 34.2 4.4
----------------- -------- ----- ----- --------- ----- --------
Total Inferred 5,000 15.7 23.0 5.7 34.2 4.4
TOTAL MINERAL RESOURCE 117,300 24.8 33.4 6.1 25.9 2.9
----------------------------------- -------- ----- ----- --------- ----- --------
1. The effective date of the Mineral Resource is 8(th) May 2019;
2. The numbers are presented at a 0.0% in-situ TiO(2) cut-off
grade reflecting the fact that the mining scenario ultimately
adopted by the Company may or may involve selective mining;
3. "THM" and "HM" mean Total Heavy Minerals and Heavy Minerals respectively;
4. HM have been separated from a -2 mm +63 um size fraction
using heavy liquid separation at a density of 2.95 g/cm(3) ;
5. Mineralogical assessments indicate that ilmenite is the only
mineral of value in the assemblage. The remainder of the heavy
mineral suite is dominated by pyroxene and amphibole;
6. % TiO(2) in-situ assumes that all recoverable TiO(2) is in
the HM component of the -2 mm +63 um size fraction;
7. % Ilmenite In-situ assumes that all TiO(2) is within ilmenite
and that the ilmenite contains 47.65% TiO(2) , based on historical
exploration data.
The main difference between the Mineral Resource reported above
and the Mineral Resource reported in December 2018 is that it now
incorporates updated estimates for Iterlak East and Iterlak West.
These updated estimates have been produced by SRK following receipt
and analysis of exploration data collected during the 2018 field
season, which has also enabled SRK to upgrade the Mineral Resource
to the Indicated category. SRK remains of the opinion that it is
likely that the raised beaches hosting the updated Mineral Resource
extend further along the shoreline within Bluejay's licence area.
This opinion is based on the fact that the licence area includes a
30km length of raised beaches and deltas and that Bluejay has
demonstrated mineralisation in several places in addition to the
area covered by the updated Mineral Resource presented.
The updated Mineral Resource for Iterlak East and West will now
be included in Dundas' ongoing pre-feasibility studies as part of a
future onshore mining schedule. The drillable raised beach licence
area remains open to the east for a further 10km, demonstrating
potential further expansion and material upside for Dundas.
Dundas 2018 Offshore Exploration Target
In support of the Project's potential offshore development, the
Mineral License and Safety Authority ('MLSA') within the Government
of Greenland has awarded Bluejay the first Marine Exploration
Licence in Greenland. Alongside the Company's onshore exploration
programme which has been ongoing over the past four years at
Dundas, Bluejay has worked to evaluate the potential of the
offshore deposit via a marine seismic, bathymetry, as well as
active and drowned beach sampling. RSC has determined an
Exploration Target of 300 - 530 Mt at an average expected grade
range of 0.4 - 4.8% ilmenite in-situ (Table 2). This target has
been presented as an Exploration Target in accordance with the JORC
Code (2012), and the Competent Person takes responsibility for the
form and the context in which the Exploration Target appears in
this Report. The potential quantity and grade of the Exploration
Target is conceptual in nature, and there has been insufficient
exploration to estimate a Mineral Resource and it is uncertain if
further exploration will result in the estimation of a Mineral
Resource.
Table 2: Offshore Maiden Exploration Target tonnage and grade
ranges.
Area Tonnage range TiO(2) grade
(Mt) range (%)
North 60 - 100 1.0 - 2.3
-------------- -------------
Central 90 - 160 0.5 - 2.0
-------------- -------------
South 150 - 270 0.2 - 1.9
-------------- -------------
Total 300 - 530 0.2 - 2.3
-------------- -------------
Geology & Mineralisation
The Deposit occurs offshore of the Thule Black Sand Province,
which extends from Kap Edvard Holm in the south to Kap Alexander in
the north and consists of extensive plains, tiered beaches and
delta terraces. The mineral deposition model of the offshore
Deposit is based on the general formation characteristics of Heavy
Mineral Sand ('HMS') deposits and a sequence of relative sea level
changes.
The geophysical surveys have shown that a considerable volume of
unconsolidated sediment is present immediately offshore from
Dundas. The dominant factor controlling the sedimentary processes
that govern the deposition of these sediments has been relative sea
level change. The three units identified within the offshore
sedimentary package have been interpreted to be highstand systems
tract ('HST'), lowstand systems tract ('LST') and transgressive
systems tract ('TST') units. Only the HST unit is interpreted to
occur in the onshore environment and this unit hosts the current
onshore ilmenite resource. The HST unit has become exposed
following a recent drop in relative sea level.
The offshore sediments are derived from the erosion of
crystalline Archean and Proterozoic rocks that are exposed along
the coast. These crystalline rocks have been intruded by the
high-Ti Steensby Sill Complex (up to 6% Ti in whole-rock analysis)
and form the main source for the ilmenite in the HMS. Erosion and
fluvioglacial transportation allowed for a constant influx of
ilmenite during the formation of the HST, LST and TST units.
Figure 2: Systems tracts and principal geological model for the
offshore component of the Dundas Ilmenite Project
Vibrocore - Earlier Offshore Exploration
During 2015 and 2016, the Geological Survey of Denmark and
Greenland (GEUS) carried out Van Veen and vibrocore sampling and
completed geophysical surveys on behalf of Bluejay. Assay results
are only available for some of the 2016 vibrocore samples (Appendix
1). A total of 237 vibrocore samples were collected and 126
analyses completed. The range of titanium dioxide (TiO(2) ) was
0.02 - 5.79%, with an average of 0.52% TiO(2) . The maximum depth
of the vibrocore holes is 1.9m and an average depth 0.7m, meaning
that the Deposit has not been tested to its full depth. More
details regarding the 2016 vibrocore sampling programme can be
found in Appendix 2.
GEUS carried out seismic surveys in 2015 and 2016. The surveys
showed areas with soft sediment potential, generated a
soft-sediment thickness map (LST+TST only), and interpreted seismic
profiles.
Figure 3: Thematic map of the assayed vibrocore samples (WGS 84
UTM Zone 19N)
Data Quality
RSC reviewed the available geological, geophysical and sampling
data and found the data sets to be incomplete. Only about 50% of
the vibrocores collected in 2016 could be located by GEUS at its
storage facility in Copenhagen. The remainder is unaccounted for
and has not been assayed as a result. Assessment of the geophysical
data revealed that the seismic data set is incomplete and that the
seismic profiles and their interpretation are not always clear. In
general, below average sample and data processes appear to have
affected most components of the 2015 and 2016 exploration
programmes. Issues with the data were taken into account by the
Competent Person in assessing the exploration potential of the
Deposit.
Exploration Target - Offshore Dundas Ilmenite Project
RSC assessed the exploration potential of the Deposit based on
existing sampling and geophysical data and in conjunction with the
geological model. The sample coverage is limited by the large
proportion of missing samples, sampling undertaken has not tested
the full thickness of the Deposit, and no samples have been
collected within the offshore LST and HST units. Since no quality
control data is available, the quality of the existing vibrocore
samples cannot be assessed. Additionally, the quality of the
geophysical work means that the interpretations should be used with
caution.
RSC used the vibrocore samples to estimate an approximate grade
range for the TST unit. The 126 vibrocore samples were composited
into 107 1m composite samples. The elevations of all single-point
composite samples were set to the same elevation (zero RL) in
preparation for estimation in 2D. The composite sample grades
ranged from 0.02 to 5.79% TiO(2) and had a mean of 0.52% TiO(2) .
No grade capping was applied in the grade interpolation
process.
No domaining was used in the TST estimation. Variograms of the
composited samples showed good continuity in the NW-SE (300(o) )
direction, suggesting reasonable continuity up to 4km. This
orientation matches the trend of the coastline. The data also
showed a low nugget of 5%. RSC approximated the range of the grade
of the TST unit by means of ordinary kriging. The grade was
estimated into a 200 x 200m block model, with a single block height
of 1m (Figure ).
The grade of the LST and HST units, for which no exploration
grade data were available, have been assigned a grade of 2.9%
TiO(2) based on the average grade resulting from the onshore
resource estimation. The offshore estimation is based on the
geological model and the interpretation of the geophysics which
indicates the occurrence of the LST and HST units in the offshore
environments. RSC considers the grade assumption for the offshore
component of the LST and HST reasonable. This is because the
onshore resource grade was estimated with due care and diligence at
appropriate confidence categories, and the geological controls on
mineralisation are unlikely to differ materially towards the
offshore part of the Deposit. It is therefore fit for the purpose
of determining the exploration potential of the offshore
component.
Offshore tonnage estimates were derived from the digital LST+TST
thickness contour map that is part of the 2015 GEUS survey. The
thickness contours were converted into an LST+TST thickness and
attributed into a 200 x 200m parent block model. In order to
estimate the tonnage of the TST, LST and HST units, the interpreted
seismic profiles in the 2015 GEUS report were used to establish the
cross-section ratios of the TST, LST and HST units. The ratios were
used to estimate the volume of the TST, LST and HST units. These
volumes were then converted into dry tonnes using an overall
density of 2.1 t/m(3) , which is the density determined in the
onshore resource estimate.
In the Competent Person's opinion, the parameters used in the
process of determining the range of tonnage and grades for the
Deposit are fit for the purpose of defining an Exploration Target
in accordance with the JORC Code (2012).
The total exploration potential of the offshore component of the
Dundas Ilmenite Project is in the order of 300 - 530Mt at an
average expected grade range of 0.2 - 2.3% TiO(2) (Table 3). This
target has been presented as an Exploration Target in accordance
with the JORC Code (2012), and the Competent Person takes
responsibility for the form and the context in which the
Exploration Target appears in this report. The potential quantity
and grade of the Exploration Target is conceptual in nature, and
there has been insufficient exploration to estimate a Mineral
Resource and it is uncertain if further exploration will result in
the estimation of a Mineral Resource.
Figure 4: Plan view of the block model of the TST and LST
units
Table 3: Offshore Maiden Exploration Target tonnage and grade
ranges
Area Tonnage range TiO2 grade
(Mt) range
(%)
North 60 - 100 1.0 - 2.3
-------------- -----------
Central 90 - 160 0.5 - 2.0
-------------- -----------
South 150 - 270 0.2 - 1.9
-------------- -----------
Total 300 - 530 0.2 - 2.3
-------------- -----------
Further Offshore Exploration
A staged approach is planned to test the validity of the
exploration target, starting with a review of the existing seismic
data in 2019. The review will help better define the sediment
units, total thicknesses and can possibly be used to select the
areas that are best suited for follow-up magnetic and
high-resolution sub-bottom profiling surveys. This work is planned
to be undertaken during 2020. These surveys will further refine the
sedimentary units, internal structures and HMS rich zones. The
high-resolution geophysical data collected can be used to define
drill targets, which can be tested in the summer of 2021.
Competent Person's Statement
The information in this press release that relates to onshore
Mineral Resources is based on information compiled under the
direction of Dr. Mike Armitage C Geol., C Eng., who is a Fellow of
the Geological Society and a Member of the Institute of Materials,
Minerals and Mining both of which are Recognised Overseas
Professional Organisations (ROPOs) included in a list promulgated
by JORC from time to time. Dr. Armitage is a full-time employee of
SRK Consulting (UK) Ltd and has sufficient experience which is
relevant to the style of mineralisation and type of deposit under
consideration and to the activity which he has undertaken to
qualify as a Competent Person as defined in the 2012 Edition of the
'Australasian Code for Reporting of Exploration Results, Mineral
Resources and Ore Reserves' (the JORC Code) and for the purposes of
the AIM Rules. Dr. Armitage has reviewed this press release and
consents to the inclusion in the press release of the matters based
on his information in the form and context in which this
appears.
The information in this announcement that relates to the
Exploration Target for the offshore component of the Dundas
Ilmenite Project is based on information compiled by Mr. René
Sterk, a Competent Person who is a Chartered Professional and a
Fellow with the AusIMM, as well as a Member and Registered
Professional Geologist with the AIG. Mr. Sterk is employed by RSC
Global Pty Ltd. He has sufficient experience that is relevant to
the style of mineralisation and type of deposit under consideration
and to the activity being undertaken to qualify as a Competent
Person as defined in the 2012 Edition of the 'Australasian Code for
Reporting of Exploration Results, Mineral Resources and Ore
Reserves'. Mr. Sterk consents to the inclusion in the report of the
matters based on his information in the form and context in which
it appears.
Technical Glossary
"Indicated Mineral A part of a Mineral Resource for which tonnage,
Resource" densities, shape, physical characteristics,
grade and mineral content can be estimated
with a reasonable level of confidence. It
is based on exploration, sampling and testing
information gathered through appropriate techniques
from locations such as outcrops, trenches,
pits, workings and drill holes. The locations
are too widely or inappropriately spaced to
confirm geological and/or grade continuity
but are spaced closely enough for continuity
to be assumed.
-----------------------------------------------------
"Inferred Mineral A part of a Mineral Resource for which tonnage,
Resource" grade and mineral content can be estimated
with a low level of confidence. It is inferred
from geological evidence and assumed but not
verified geological and/or grade continuity.
It is based on information gathered through
appropriate techniques from locations such
as outcrops, trenches, pits, workings and
drill holes which may be limited or of uncertain
quality and reliability. mineral content can
be estimated with a low level of confidence.
It is inferred from geological evidence and
assumed but not verified geological and/or
grade continuity. It is based on information
gathered through appropriate techniques from
locations such as outcrops, trenches, pits,
workings and drill holes which may be limited
or of uncertain quality and reliability.
-----------------------------------------------------
"JORC Code" The code for reporting of the Australasian
Joint Ore Reserves Committee, which is sponsored
by the Australian mining industry and its
professional organisations. The code is widely
accepted as a standard for professional reporting
purposes for reporting of mineral resources
and ore reserves.
-----------------------------------------------------
"m" Metre, a unit of length as per the International
System of Units.
-----------------------------------------------------
"Mineral Resource" A concentration or occurrence of material
of intrinsic economic interest in or on the
Earth's crust in such form, quality and quantity
that there are reasonable prospects for eventual
economic extraction. The location, quantity,
grade, geological characteristics and continuity
of a Mineral Resource are known, estimated
or interpreted from specific geological evidence
and knowledge. Mineral Resources are sub-divided,
in order of increasing geological confidence,
into Inferred, Indicated and Measured categories.
-----------------------------------------------------
"Mineralisation" The process or processes by which a mineral
is introduced into a rock, resulting in a
valuable or potentially valuable deposit.
It is a general term, incorporating various
types; e.g., fissure filling, impregnation,
and replacement.
-----------------------------------------------------
**S**
For further information please visit http://www.titanium.gl or
contact:
Roderick McIllree Bluejay Mining plc +44 (0) 20 7907 9326
SP Angel Corporate Finance
Ewan Leggat LLP +44 (0) 20 3470 0470
---------------------------- ---------------------
SP Angel Corporate Finance
Soltan Tagiev LLP +44 (0) 20 3470 0470
---------------------------- ---------------------
Andrew Chubb H&P Advisory Ltd. +44 (0) 207 907 8500
---------------------------- ---------------------
Ingo Hofmaier H&P Advisory Ltd. +44 (0) 207 907 8500
---------------------------- ---------------------
Hugo de Salis St Brides Partners Ltd +44 (0) 20 7236 1177
---------------------------- ---------------------
Cosima Akerman St Brides Partners Ltd +44 (0) 20 7236 1177
---------------------------- ---------------------
Additional Information
Appendix 1- Vibrocore drill hole information (offshore)
The TiO(2) and HM% in situ for vibrocore holes that are deeper
than 1m and have two samples analysed has been averaged. The
weighted average column indicates which holes have an average
grade. The weighted average was calculated as follows: ((length
sample 1 * grade sample 1) + (length sample 2 * grade sample 2)) /
(length sample 1 + length sample 2).
Hole Sample Sample Easting Northing Water Azi-muth Dip Hole HM TiO(2) Weighted
ID type platform depth depth % in % in average
situ situ
569101 Vibrocore M/S Kisaq 479519 8518230 28.0 0 90 1.45 6.37 0.52 No
---------- ---------- -------- --------- ------- --------- ---- ------- ------ ------- ---------
569104 Vibrocore M/S Kisaq 479550 8518313 15.0 0 90 0.15 7.80 0.61 No
---------- ---------- -------- --------- ------- --------- ---- ------- ------ ------- ---------
569114 Vibrocore M/S Kisaq 479722 8518197 25.0 0 90 0.15 3.66 0.30 No
---------- ---------- -------- --------- ------- --------- ---- ------- ------ ------- ---------
569115 Vibrocore M/S Kisaq 480157 8518188 9.0 0 90 0.40 17.31 1.20 No
---------- ---------- -------- --------- ------- --------- ---- ------- ------ ------- ---------
569131 Vibrocore M/S Kisaq 477451 8518695 8.0 0 90 0.37 12.02 0.66 No
---------- ---------- -------- --------- ------- --------- ---- ------- ------ ------- ---------
569135 Vibrocore M/S Kisaq 475522 8519727 11.0 0 90 0.44 27.34 3.70 No
---------- ---------- -------- --------- ------- --------- ---- ------- ------ ------- ---------
569137 Vibrocore M/S Kisaq 475058 8518758 27.0 0 90 0.19 15.22 1.08 No
---------- ---------- -------- --------- ------- --------- ---- ------- ------ ------- ---------
569139 Vibrocore M/S Kisaq 475947 8519456 12.0 0 90 0.50 15.58 1.66 No
---------- ---------- -------- --------- ------- --------- ---- ------- ------ ------- ---------
569140 Vibrocore M/S Kisaq 474873 8519115 24.0 0 90 0.12 17.36 1.24 No
---------- ---------- -------- --------- ------- --------- ---- ------- ------ ------- ---------
569141 Vibrocore M/S Kisaq 476587 8519656 9.0 0 90 0.39 19.57 2.36 No
---------- ---------- -------- --------- ------- --------- ---- ------- ------ ------- ---------
569153 Vibrocore M/S Kisaq 486672 8515324 8.0 0 90 0.28 1.87 0.19 No
---------- ---------- -------- --------- ------- --------- ---- ------- ------ ------- ---------
569156 Vibrocore M/S Kisaq 486449 8514887 24.0 0 90 0.35 7.55 0.84 No
---------- ---------- -------- --------- ------- --------- ---- ------- ------ ------- ---------
569158 Vibrocore M/S Kisaq 487168 8515205 8.0 0 90 0.52 3.10 0.38 No
---------- ---------- -------- --------- ------- --------- ---- ------- ------ ------- ---------
569161 Vibrocore M/S Kisaq 486929 8514807 24.0 0 90 ? 4.60 0.47 No
---------- ---------- -------- --------- ------- --------- ---- ------- ------ ------- ---------
569164 Vibrocore M/S Kisaq 487558 8514922 13.0 0 90 0.43 0.94 0.09 No
---------- ---------- -------- --------- ------- --------- ---- ------- ------ ------- ---------
569167 Vibrocore M/S Kisaq 488646 8513993 12.0 0 90 0.44 4.95 0.44 No
---------- ---------- -------- --------- ------- --------- ---- ------- ------ ------- ---------
569194 Vibrocore M/S Kisaq 492567 8511462 8.0 0 90 0.29 6.54 0.40 No
---------- ---------- -------- --------- ------- --------- ---- ------- ------ ------- ---------
569199 Vibrocore M/S Kisaq 492253 8511845 13.0 0 90 0.40 7.43 0.64 No
---------- ---------- -------- --------- ------- --------- ---- ------- ------ ------- ---------
570604 Vibrocore Pontoon 478082 8519158 2.0 0 90 0.41 6.04 0.40 No
---------- ---------- -------- --------- ------- --------- ---- ------- ------ ------- ---------
570607 Vibrocore Pontoon 478066 8519160 2.0 0 90 0.50 8.43 0.57 No
---------- ---------- -------- --------- ------- --------- ---- ------- ------ ------- ---------
570613 Vibrocore Pontoon 477949 8519079 2.0 0 90 0.24 21.59 1.68 No
---------- ---------- -------- --------- ------- --------- ---- ------- ------ ------- ---------
570619 Vibrocore Pontoon 487900 8514878 5.0 0 90 0.55 2.72 0.26 No
---------- ---------- -------- --------- ------- --------- ---- ------- ------ ------- ---------
570624 Vibrocore Pontoon 489348 8514114 4.6 0 90 0.46 1.75 0.12 No
---------- ---------- -------- --------- ------- --------- ---- ------- ------ ------- ---------
570627 Vibrocore Pontoon 489987 8514308 1.4 0 90 0.17 1.36 0.06 No
---------- ---------- -------- --------- ------- --------- ---- ------- ------ ------- ---------
570629 Vibrocore Pontoon 490246 8514502 1.5 0 90 0.28 2.94 0.12 No
---------- ---------- -------- --------- ------- --------- ---- ------- ------ ------- ---------
570650 Vibrocore Pontoon 489793 8514020 2.4 0 90 0.95 1.96 0.09 No
---------- ---------- -------- --------- ------- --------- ---- ------- ------ ------- ---------
570651 Vibrocore Pontoon 489908 8513954 1.1 0 90 0.47 2.66 0.12 No
---------- ---------- -------- --------- ------- --------- ---- ------- ------ ------- ---------
570660 Vibrocore Pontoon 482522 8517388 1.0 0 90 0.27 13.66 0.95 No
---------- ---------- -------- --------- ------- --------- ---- ------- ------ ------- ---------
570669 Vibrocore Pontoon 481455 8517898 2.0 0 90 0.25 47.47 5.79 No
---------- ---------- -------- --------- ------- --------- ---- ------- ------ ------- ---------
570688 Vibrocore Pontoon 478091 8519280 1.8 0 90 0.20 7.18 0.39 No
---------- ---------- -------- --------- ------- --------- ---- ------- ------ ------- ---------
570690 Vibrocore Pontoon 477965 8519266 2.0 0 90 0.22 13.76 1.05 No
---------- ---------- -------- --------- ------- --------- ---- ------- ------ ------- ---------
571017 Vibrocore M/S Kisaq 474698 8520187 15.0 0 90 0.23 8.56 0.74 No
---------- ---------- -------- --------- ------- --------- ---- ------- ------ ------- ---------
571018 Vibrocore M/S Kisaq 474857 8520359 20.0 0 90 0.35 17.05 1.64 No
---------- ---------- -------- --------- ------- --------- ---- ------- ------ ------- ---------
571020 Vibrocore M/S Kisaq 475208 8520573 14.0 0 90 0.55 15.88 1.37 No
---------- ---------- -------- --------- ------- --------- ---- ------- ------ ------- ---------
571041 Vibrocore M/S Kisaq 481209 8517704 12.0 0 90 0.37 13.21 1.28 No
---------- ---------- -------- --------- ------- --------- ---- ------- ------ ------- ---------
571046 Vibrocore M/S Kisaq 481771 8517286 14.0 0 90 0.50 5.07 0.42 No
---------- ---------- -------- --------- ------- --------- ---- ------- ------ ------- ---------
571069 Vibrocore M/S Kisaq 496730 8509327 19.0 0 90 0.53 1.81 0.06 No
---------- ---------- -------- --------- ------- --------- ---- ------- ------ ------- ---------
569108 Vibrocore M/S Kisaq 479954 8518112 22.0 0 90 1.11 11.16 0.41 No
---------- ---------- -------- --------- ------- --------- ---- ------- ------ ------- ---------
569110 Vibrocore M/S Kisaq 480283 8517937 20.0 0 90 0.68 16.91 0.47 No
---------- ---------- -------- --------- ------- --------- ---- ------- ------ ------- ---------
569111 Vibrocore M/S Kisaq 481053 8517726 16.0 0 90 0.73 8.98 0.27 No
---------- ---------- -------- --------- ------- --------- ---- ------- ------ ------- ---------
569117 Vibrocore M/S Kisaq 480691 8517788 20.0 0 90 0.84 18.84 0.53 No
---------- ---------- -------- --------- ------- --------- ---- ------- ------ ------- ---------
569118 Vibrocore M/S Kisaq 480986 8517600 25.0 0 90 1.44 10.49 0.34 Yes
---------- ---------- -------- --------- ------- --------- ---- ------- ------ ------- ---------
569120 Vibrocore M/S Kisaq 481178 8517553 23.0 0 90 0.84 19.31 1.04 No
---------- ---------- -------- --------- ------- --------- ---- ------- ------ ------- ---------
569121 Vibrocore M/S Kisaq 481223 8517603 17.0 0 90 0.66 9.13 0.29 No
---------- ---------- -------- --------- ------- --------- ---- ------- ------ ------- ---------
569122 Vibrocore M/S Kisaq 481329 8517695 9.0 0 90 0.59 20.41 1.51 No
---------- ---------- -------- --------- ------- --------- ---- ------- ------ ------- ---------
569125 Vibrocore M/S Kisaq 481533 8517380 17.0 0 90 0.82 15.62 0.32 No
---------- ---------- -------- --------- ------- --------- ---- ------- ------ ------- ---------
569126 Vibrocore M/S Kisaq 481490 8517298 26.0 0 90 0.93 14.87 0.39 No
---------- ---------- -------- --------- ------- --------- ---- ------- ------ ------- ---------
569129 Vibrocore M/S Kisaq 479037 8518208 27.0 0 90 1.03 9.97 0.67 No
---------- ---------- -------- --------- ------- --------- ---- ------- ------ ------- ---------
569132 Vibrocore M/S Kisaq 475590 8519845 9.0 0 90 0.55 19.22 1.94 No
---------- ---------- -------- --------- ------- --------- ---- ------- ------ ------- ---------
569133 Vibrocore M/S Kisaq 475590 8519845 9.0 0 90 0.61 12.11 1.08 No
---------- ---------- -------- --------- ------- --------- ---- ------- ------ ------- ---------
569143 Vibrocore M/S Kisaq 476300 8519073 26.0 0 90 1.05 18.20 1.70 No
---------- ---------- -------- --------- ------- --------- ---- ------- ------ ------- ---------
569146 Vibrocore M/S Kisaq 476798 8518911 24.0 0 90 0.54 14.79 1.42 No
---------- ---------- -------- --------- ------- --------- ---- ------- ------ ------- ---------
569155 Vibrocore M/S Kisaq 486580 8515206 17.0 0 90 0.87 9.55 0.16 No
---------- ---------- -------- --------- ------- --------- ---- ------- ------ ------- ---------
569157 Vibrocore M/S Kisaq 486508 8515086 22.0 0 90 0.79 5.76 0.53 No
---------- ---------- -------- --------- ------- --------- ---- ------- ------ ------- ---------
569159 Vibrocore M/S Kisaq 487102 8515092 15.0 0 90 0.62 10.06 0.28 No
---------- ---------- -------- --------- ------- --------- ---- ------- ------ ------- ---------
569163 Vibrocore M/S Kisaq 487620 8515009 7.0 0 90 0.65 2.66 0.23 No
---------- ---------- -------- --------- ------- --------- ---- ------- ------ ------- ---------
569166 Vibrocore M/S Kisaq 488477 8513803 17.0 0 90 0.55 3.13 0.28 No
---------- ---------- -------- --------- ------- --------- ---- ------- ------ ------- ---------
569170 Vibrocore M/S Kisaq 488015 8514002 25.0 0 90 0.99 5.11 0.52 No
---------- ---------- -------- --------- ------- --------- ---- ------- ------ ------- ---------
569171 Vibrocore M/S Kisaq 488104 8514315 18.0 0 90 0.93 4.44 0.39 No
---------- ---------- -------- --------- ------- --------- ---- ------- ------ ------- ---------
569173 Vibrocore M/S Kisaq 487435 8514723 19.0 0 90 0.61 4.37 0.43 No
---------- ---------- -------- --------- ------- --------- ---- ------- ------ ------- ---------
569176 Vibrocore M/S Kisaq 487257 8514514 24.0 0 90 0.90 6.82 0.76 No
---------- ---------- -------- --------- ------- --------- ---- ------- ------ ------- ---------
569178 Vibrocore M/S Kisaq 487889 8514674 12.0 0 90 1.07 1.77 0.13 No
---------- ---------- -------- --------- ------- --------- ---- ------- ------ ------- ---------
569179 Vibrocore M/S Kisaq 487774 8514484 20.0 0 90 0.71 5.36 0.50 No
---------- ---------- -------- --------- ------- --------- ---- ------- ------ ------- ---------
569180 Vibrocore M/S Kisaq 487612 8514260 26.0 0 90 0.59 4.54 0.45 No
---------- ---------- -------- --------- ------- --------- ---- ------- ------ ------- ---------
569183 Vibrocore M/S Kisaq 489233 8514002 14.0 0 90 0.80 0.84 0.05 No
---------- ---------- -------- --------- ------- --------- ---- ------- ------ ------- ---------
569184 Vibrocore M/S Kisaq 489192 8513982 18.0 0 90 1.30 0.68 0.05 Yes
---------- ---------- -------- --------- ------- --------- ---- ------- ------ ------- ---------
569185 Vibrocore M/S Kisaq 489180 8513930 25.0 0 90 1.58 0.75 0.04 Yes
---------- ---------- -------- --------- ------- --------- ---- ------- ------ ------- ---------
569186 Vibrocore M/S Kisaq 489753 8513801 8.0 0 90 0.68 0.94 0.05 No
---------- ---------- -------- --------- ------- --------- ---- ------- ------ ------- ---------
569187 Vibrocore M/S Kisaq 489734 8513911 14.0 0 90 1.50 0.42 0.02 Yes
---------- ---------- -------- --------- ------- --------- ---- ------- ------ ------- ---------
569188 Vibrocore M/S Kisaq 489671 8513805 26.0 0 90 1.88 0.50 0.03 Yes
---------- ---------- -------- --------- ------- --------- ---- ------- ------ ------- ---------
569190 Vibrocore M/S Kisaq 490205 8513605 17.0 0 90 1.17 0.73 0.05 Yes
---------- ---------- -------- --------- ------- --------- ---- ------- ------ ------- ---------
569191 Vibrocore M/S Kisaq 490093 8513440 26.0 0 90 1.58 1.37 0.08 Yes
---------- ---------- -------- --------- ------- --------- ---- ------- ------ ------- ---------
569192 Vibrocore M/S Kisaq 490146 8513574 21.0 0 90 1.20 0.78 0.03 Yes
---------- ---------- -------- --------- ------- --------- ---- ------- ------ ------- ---------
569196 Vibrocore M/S Kisaq 492455 8511367 17.0 0 90 0.82 3.84 0.29 No
---------- ---------- -------- --------- ------- --------- ---- ------- ------ ------- ---------
570620 Vibrocore Pontoon 488378 8514670 4.5 0 90 0.58 6.56 0.62 No
---------- ---------- -------- --------- ------- --------- ---- ------- ------ ------- ---------
570625 Vibrocore Pontoon 489900 8514032 2.0 0 90 0.52 2.58 0.15 No
---------- ---------- -------- --------- ------- --------- ---- ------- ------ ------- ---------
570632 Vibrocore Pontoon 491023 8513400 4.0 0 90 0.52 2.87 0.21 No
---------- ---------- -------- --------- ------- --------- ---- ------- ------ ------- ---------
570633 Vibrocore Pontoon 490905 8513474 5.0 0 90 0.56 2.74 0.20 No
---------- ---------- -------- --------- ------- --------- ---- ------- ------ ------- ---------
570635 Vibrocore Pontoon 490485 8513572 3.2 0 90 0.60 1.91 0.12 No
---------- ---------- -------- --------- ------- --------- ---- ------- ------ ------- ---------
570636 Vibrocore Pontoon 490415 8513572 5.8 0 90 0.89 0.59 0.03 No
---------- ---------- -------- --------- ------- --------- ---- ------- ------ ------- ---------
570640 Vibrocore Pontoon 490012 8513846 3.5 0 90 0.55 1.96 0.13 No
---------- ---------- -------- --------- ------- --------- ---- ------- ------ ------- ---------
570646 Vibrocore Pontoon 489459 8514118 3.5 0 90 0.60 1.61 0.09 No
---------- ---------- -------- --------- ------- --------- ---- ------- ------ ------- ---------
570649 Vibrocore Pontoon 489740 8514040 3.3 0 90 1.42 1.08 0.05 Yes
---------- ---------- -------- --------- ------- --------- ---- ------- ------ ------- ---------
570685 Vibrocore Pontoon 478202 8518742 8.0 0 90 0.60 9.25 0.78 No
---------- ---------- -------- --------- ------- --------- ---- ------- ------ ------- ---------
571001 Vibrocore M/S Kisaq 492022 8511706 26.0 0 90 0.78 6.78 0.64 No
---------- ---------- -------- --------- ------- --------- ---- ------- ------ ------- ---------
571003 Vibrocore M/S Kisaq 491921 8512207 17.0 0 90 0.85 4.82 0.43 No
---------- ---------- -------- --------- ------- --------- ---- ------- ------ ------- ---------
571004 Vibrocore M/S Kisaq 491801 8512150 26.0 0 90 0.93 6.43 0.59 No
---------- ---------- -------- --------- ------- --------- ---- ------- ------ ------- ---------
571005 Vibrocore M/S Kisaq 490372 8513520 17.0 0 90 1.43 0.73 0.04 Yes
---------- ---------- -------- --------- ------- --------- ---- ------- ------ ------- ---------
571007 Vibrocore M/S Kisaq 489956 8513791 12.0 0 90 0.64 1.05 0.04 No
---------- ---------- -------- --------- ------- --------- ---- ------- ------ ------- ---------
571008 Vibrocore M/S Kisaq 489901 8513700 22.0 0 90 1.53 0.67 0.04 Yes
---------- ---------- -------- --------- ------- --------- ---- ------- ------ ------- ---------
571009 Vibrocore M/S Kisaq 489474 8514024 11.0 0 90 0.88 1.20 0.06 No
---------- ---------- -------- --------- ------- --------- ---- ------- ------ ------- ---------
571010 Vibrocore M/S Kisaq 489459 8513915 23.0 0 90 1.48 0.46 0.03 Yes
---------- ---------- -------- --------- ------- --------- ---- ------- ------ ------- ---------
571012 Vibrocore M/S Kisaq 488821 8513785 20.0 0 90 0.52 4.19 0.40 No
---------- ---------- -------- --------- ------- --------- ---- ------- ------ ------- ---------
571023 Vibrocore M/S Kisaq 474916 8520035 28.0 0 90 0.59 14.87 1.41 No
---------- ---------- -------- --------- ------- --------- ---- ------- ------ ------- ---------
571028 Vibrocore M/S Kisaq 477869 8518610 23.0 0 90 0.63 9.87 0.93 No
---------- ---------- -------- --------- ------- --------- ---- ------- ------ ------- ---------
571029 Vibrocore M/S Kisaq 477859 8518543 28.0 0 90 0.62 8.65 0.86 No
---------- ---------- -------- --------- ------- --------- ---- ------- ------ ------- ---------
571040 Vibrocore M/S Kisaq 480118 8518019 28.0 0 90 0.80 4.59 0.37 No
---------- ---------- -------- --------- ------- --------- ---- ------- ------ ------- ---------
571042 Vibrocore M/S Kisaq 481105 8517610 20.0 0 90 0.73 5.28 0.52 No
---------- ---------- -------- --------- ------- --------- ---- ------- ------ ------- ---------
571043 Vibrocore M/S Kisaq 481039 8517538 26.0 0 90 0.95 5.68 0.52 No
---------- ---------- -------- --------- ------- --------- ---- ------- ------ ------- ---------
571045 Vibrocore M/S Kisaq 482171 8516621 30.0 0 90 1.48 4.79 0.40 Yes
---------- ---------- -------- --------- ------- --------- ---- ------- ------ ------- ---------
571047 Vibrocore M/S Kisaq 481765 8517202 20.0 0 90 0.60 4.97 0.46 No
---------- ---------- -------- --------- ------- --------- ---- ------- ------ ------- ---------
571048 Vibrocore M/S Kisaq 481725 8517052 30.0 0 90 0.55 3.08 0.20 No
---------- ---------- -------- --------- ------- --------- ---- ------- ------ ------- ---------
571060 Vibrocore M/S Kisaq 499436 8510685 13.0 0 90 1.09 1.31 0.06 No
---------- ---------- -------- --------- ------- --------- ---- ------- ------ ------- ---------
571061 Vibrocore M/S Kisaq 499353 8510495 17.0 0 90 1.19 1.60 0.10 Yes
---------- ---------- -------- --------- ------- --------- ---- ------- ------ ------- ---------
571064 Vibrocore M/S Kisaq 499004 8509668 23.0 0 90 0.94 2.81 0.10 No
---------- ---------- -------- --------- ------- --------- ---- ------- ------ ------- ---------
571065 Vibrocore M/S Kisaq 497588 8510677 20.0 0 90 0.94 1.87 0.07 No
---------- ---------- -------- --------- ------- --------- ---- ------- ------ ------- ---------
571066 Vibrocore M/S Kisaq 497546 8510491 28.0 0 90 0.93 1.45 0.06 No
---------- ---------- -------- --------- ------- --------- ---- ------- ------ ------- ---------
571068 Vibrocore M/S Kisaq 497097 8509479 28.0 0 90 0.91 2.10 0.10 No
---------- ---------- -------- --------- ------- --------- ---- ------- ------ ------- ---------
Appendix 2 - Sampling Techniques and Data (offshore)
Sampling techniques and data; Table 2 and Table 3, section;
'Dundas 2018 Offshore Exploration Target' and section; 'Exploration
Target - Offshore Dundas Ilmenite Project':
Criteria JORC Code explanation Commentary
Sampling
techniques * Nature and quality of sampling (e.g. cut channels, * Vibrocore sampling techniques:
random chips, or specific specialised industry
standard measurement tools appropriate to the
minerals under investigation, such as down hole gamma o Vibrocore drilling delivered
sondes, or handheld XRF instruments, etc). These up to 2 m long soft sediment
examples should not be taken as limiting the broad cores from which up to 50 cm
meaning of sampling. long half core and full core
sub-samples were taken (5 kg
of sample material). The sub-samples
* Include reference to measures taken to ensure sample were homogenised, riffle split
representativeness and the appropriate calibration of and wet sieved at 5 mm, 2 mm
any measurement tools or systems used. and 63 um. All fractions were
dried and the -2 mm/+63 um fraction
was riffle split to collect
* Aspects of the determination of mineralisation that 75-100 g of sample material
are Material to the Public Report. for HLS analysis. The HLS sink
product was submitted for assay
by means of lithium borate fusion
* In cases where 'industry standard' work has been done with whole rock analysis by
this would be relatively simple (e.g. 'reverse XRF and multi-element analysis
circulation drilling was used to obtain 1 m samples by ICP-MS. The assay charge
from which 3 kg was pulverised to produce a 30 g weight is unknown.
charge for fire assay'). In other cases, more o In deeper water the vibrocore
explanation may be required, such as where there is system was fitted with a weight
coarse gold that has inherent sampling problems. at the bottom and two buoys
Unusual commodities or mineralisation types (e.g. at the top of the sampler to
submarine nodules) may warrant disclosure of detailed ensure that the samples were
information. taken perpendicular to the seafloor.
No other measures were taken
to ensure sample representivity.
------------------------------------------------------------ ------------------------------------------------------------------
Drilling
techniques * Drill type (e.g. core, reverse circulation, open-hole * Vibrocore drilling techniques:
hammer, rotary air blast, auger, Bangka, sonic, etc)
and details (e.g. core diameter, triple or standard
tube, depth of diamond tails, face-sampling bit or o Vibrocore samples were collected
other type, whether core is oriented and if so, by with a Vibecore D-system from
what method, etc). Specialty Devices in combination
with transparent polycarbonate
coring tubes measuring two metre
in length and 7.6 cm in inner
diameter. On retrieval, the
sediment core is kept in the
tube by valves in the core head.
The system is powered by two
12 V car batteries.
o In shallow water the vibrocore
system was operated from a 3.6
x 2.8 m Uwitec platform fitted
with four pontoons, a four-metre-high
tripod centred over a large
hole in the floor of the platform
and a winch wound with a Kevlar
rope.
o In deeper water the vibrocore
system was operated from a motor
ship by means of a crane.
------------------------------------------------------------ ------------------------------------------------------------------
Drill sample
recovery * Method of recording and assessing core and chip * Vibrocore sample recovery:
sample recoveries and results assessed.
o Sample recovery data was not
* Measures taken to maximise sample recovery and ensure recorded.
representative nature of the samples. o In shallow water, the core
tube was capped before being
removed from the water to prevent
* Whether a relationship exists between sample recovery loss of sample.
and grade and whether sample bias may have occurred o In deeper water, core catchers
due to preferential loss/gain of fine/coarse were used to improve the retention
material. of sediment within the core
barrel.
o It is not clear whether a
relationship between sample
recovery and grade occurs as
recovery data were not collected.
------------------------------------------------------------ ------------------------------------------------------------------
Logging
* Whether core and chip samples have been geologically * Vibrocore sample logging details:
and geotechnically logged to a level of detail to
support appropriate Mineral Resource estimation,
mining studies and metallurgical studies. o For all cores collected the
sample coordinates, date, sample
number and geologist's initials
* Whether logging is qualitative or quantitative in were logged in a spreadsheet
nature. Core (or costean, channel, etc) photography. on a daily basis.
o Out of 223 cores taken, 119
were extruded in the field and
* The total length and percentage of the relevant 104 kept in the core tubes and
intersections logged. shipped to Copenhagen for logging
and sampling.
o The cores extruded in the
field were photographed but
were not geologically logged.
o The 104 cores (47% of all
cores) shipped to Copenhagen
were sawed in half, photographed
and geologically logged, and
recordings of sediment type,
grain size, texture, fabrics
and fossil content were made.
o Half-core sub-samples were
retained in 1 m long wooden
core boxes for future reference.
o All logging was qualitative
for geological data collection
and quantitative for geochemical
data.
o Samples were geologically
logged to a level of detail
sufficient to support the definition
of an Exploration Target.
------------------------------------------------------------ ------------------------------------------------------------------
Sub-sampling
techniques * If core, whether cut or sawn and whether quarter, * Vibrocore drilling:
and sample half or all core taken.
preparation
o The vibrocores extruded on
* If non-core, whether riffled, tube sampled, rotary site were sampled as whole core.
split, etc and whether sampled wet or dry. o In the laboratory samples
were collected from half-core.
o No studies have been undertaken
* For all sample types, the nature, quality and to determine whether the sample
appropriateness of the sample preparation technique. size was appropriate for the
grain size of the material sampled.
o The vibrocores were sampled
* Quality control procedures adopted for all on 0.5 m intervals. At the laboratory
sub-sampling stages to maximise representivity of the sub-samples are homogenised,
samples. riffle-split and wet sieved
at 5 mm, 2 mm and 63 um. All
fractions were subsequently
* Measures taken to ensure that the sampling is dried and the -2 mm/+63 um fraction
representative of the in-situ material collected, was riffle split to collect
including for instance results for field 75-100 g of sample material
duplicate/second-half sampling. for HLS analysis. The HLS sink
product was submitted for assay.
The assay charge weight is unknown.
* Whether sample sizes are appropriate to the grain o It is not known if duplicate
size of the material being sampled. samples were collected.
o No detailed QA information
and QC data can be presented,
which raises some concerns about
the reliability of the data.
o Sample representivity is unknown.
------------------------------------------------------------ ------------------------------------------------------------------
Quality
of assay * The nature, quality and appropriateness of the * Vibrocore drilling:
data and assaying and laboratory procedures used and whether
laboratory the technique is considered partial or total.
tests o The vibrocore samples were
submitted into Met-Solve Laboratories
* For geophysical tools, spectrometers, handheld XRF Inc in Vancouver, Canada for
instruments, etc, the parameters used in determining HLS analysis. The samples were
the analysis including instrument make and model, assayed for TiO(2) content by
reading times, calibrations factors applied and their means of lithium borate fusion.
derivation, etc. It is not known which laboratory
assayed the samples.
o HLS analysis was undertaken
* Nature of quality control procedures adopted (e.g. at a specific gravity of 2.95
standards, blanks, duplicates, external laboratory using lithium meta-tungstate.
checks) and whether acceptable levels of accuracy (if The HLS sink and float products
lack of bias) and precision have been established. were dried and weighed, and
the HLS sink product was submitted
for assay by means of lithium
borate fusion with whole rock
analysis by XRF and multi-element
analysis by ICP-MS. It is unknown
which laboratory carried out
the assaying.
o Lithium borate fusion is a
total technique and considered
appropriate for this level of
exploration and this style of
mineralisation.
o Quality control included inserting
blank samples in the sampling
chain at a rate of approximately
one blank sample for every twenty
original samples. The type of
blank material is not known,
nor if coarse or pulp blanks
were used. The results for the
blank samples are not available,
an establishment that the sample
preparation or analytical process
was free from contamination
cannot be made.
o It is not known if standard
samples have been inserted in
the sample string or if duplicate
samples have been collected.
It is therefore not possible
to conclude whether acceptable
levels of accuracy (i.e. lack
of bias) and precision have
been established.
o No laboratory QC data was
available.
------------------------------------------------------------ ------------------------------------------------------------------
Verification
of sampling * The verification of significant intersections by * Vibrocore drilling:
and assaying either independent or alternative company personnel.
o Significant intersections
* The use of twinned holes. have not been validated by independent
or alternative personnel.
o No twin holes were drilled.
* Documentation of primary data, data entry procedures, o All primary data from vibrocore
data verification, data storage (physical and drilling were collected on spreadsheets.
electronic) protocols. o The vibrocore assay data have
not been adjusted.
o Procedures on historical data
* Discuss any adjustment to assay data. entry are not available.
------------------------------------------------------------ ------------------------------------------------------------------
Location
of data * Accuracy and quality of surveys used to locate drill * Vibrocore drilling:
points holes (collar and down-hole surveys), trenches, mine
workings and other locations used in Mineral Resource
estimation. o Pontoon: hand-held GPS recording
positions using WGS 1984 UTM
Zone 19N with an accuracy of
* Specification of the grid system used. +/- 5 m.
o Kisaq: on-board navigation
system. Details unknown.
* Quality and adequacy of topographic control. o Due to the nature of vibrocore
drilling, no in-hole surveys
could be carried out. Given
the very short hole length (<2
m) this is not considered problematic.
o Topographic control is considered
to be of high quality due to
the use of high-resolution bathymetry
maps.
------------------------------------------------------------ ------------------------------------------------------------------
Data spacing
and * Data spacing for reporting of Exploration Results. * Vibrocore sampling:
distribution
* Whether the data spacing, and distribution is o Shallow water pontoon sampling
sufficient to establish the degree of geological and grid: 20 m coast parallel x
grade continuity appropriate for the Mineral Resource 100 m perpendicular to coastline.
and Ore Reserve estimation procedure(s) and o Deeper water sampling grid:
classifications applied. 250 m coast parallel x 500 m
perpendicular to coastline.
* The data spacing and distribution is not sufficient
* Whether sample compositing has been applied. to establish the degree of geological and grade
continuity appropriate for Mineral Resource
estimation as the sampling does not test the depth of
mineralisation.
------------------------------------------------------------ ------------------------------------------------------------------
Orientation
of data * Whether the orientation of sampling achieves unbiased * The limited penetration of the vibrocore means the
in relation sampling of possible structures and the extent to total thickness of the mineralisation is not fully
to which this is known, considering the deposit type. tested and the results are likely biased reflecting
geological the grade range of the surficial sediments.
structure
* If the relationship between the drilling orientation
and the orientation of key mineralised structures is
considered to have introduced a sampling bias, this
should be assessed and reported if material.
------------------------------------------------------------ ------------------------------------------------------------------
Sample
security * The measures taken to ensure sample security. * Vibrocore samples:
o All samples were stored on
board the M/S Kisaq at the end
of each day.
o At the mid-point and end of
the field season all samples
were taking to Qaanaaq and stored
in a securely padlocked shipping
container.
o At the end of the field season,
the shipping container was sealed
with a customs seal.
* Not all samples stored by GEUS in Copenhagen could be
located and as a result not all vibrocore samples
have been assayed. Efforts are currently being
undertaken to locate missing samples. This indicative
of mediocre sample management which in turn could
possibly compromise sample security.
------------------------------------------------------------ ------------------------------------------------------------------
Audits
or reviews * The results of any audits or reviews of sampling * No audits of any of the data are known.
techniques and data.
------------------------------------------------------------ ------------------------------------------------------------------
Reporting of Exploration Results (offshore); Table 2 and Table
3, section; 'Dundas 2018 Offshore Exploration Target' and section;
'Exploration Target - Offshore Dundas Ilmenite Project':
Criteria Code Explanation Commentary
Mineral
tenement * Type, reference name/number, location and ownership * The Dundas Ilmenite Project is situated upon
and land including agreements or material issues with third exploration licence number 2015/08, held by Dundas
tenure parties such as joint ventures, partnerships, Titanium A/S, a company registered in Greenland.
status overriding royalties, native title interests, Dundas Titanium is 100% owned by Bluejay Mining Plc,
historical sites, wilderness or national park and a company registered in the United Kingdom. Prior to
environmental settings. the 20(th) of February 2017 Bluejay Mining Plc traded
under the name FinnAust Mining.
* The security of the tenure held at the time of
reporting along with any known impediments to
obtaining a licence to operate in the area.
--------------------------------------------------------------- --------------------------------------------------------------
Exploration
done by * Acknowledgment and appraisal of exploration by other * Between 1950 and 1978 the GGU (Geological Survey of
other parties parties. Greenland) undertook mapping and sampling programmes
within the area covered by the Thule Black Sand
Province in general and the Moriusaq area in
particular.
* Greenex A/S was granted an exploration licence on the
20(th) of May 1985 and carried out spot sampling of
sands around Moriusaq in rough pits. The licence was
relinquished on the 31(st) of December 1986.
* QIT-Fer et Titane Inc. was granted an exploration
licence on the 30(th) of May 1985. Temporary closure
of the Thule airbase in the summer of 1985 prevented
planned fieldwork. The licence was relinquished on
the 31(st) of December 1986.
* In 2010 Hunter Minerals Pty Ltd. was granted an
exploration licence (no. 2010/22) at
Moriusaq/Steensby Land. A small field campaign from
August 26 to September 2 was completed. Most sampling
was done using a shovel and pick. A lightweight
hand-operated auger drill was also used with limited
success because of pebbles and boulders obstructing
the drilling. Laboratory work included microprobe
analysis of ilmenite and magnetite grains from
concentrate. The licence was relinquished at an
unknown date.
* In 2015, Bluejay, trading under the company's
previous name FinnAust, was awarded exploration
licence 2015/08.
--------------------------------------------------------------- --------------------------------------------------------------
Geology
* Deposit type, geological setting and style of * The geology of the deposit is described in detail in
mineralisation. the main body of the announcement.
--------------------------------------------------------------- --------------------------------------------------------------
Drill hole
Information * A summary of all information material to the * The information in this report that underpins the
understanding of the exploration results including a Exploration Target includes a geological database
tabulation of the following information for all containing drilling data and assay results for 109
Material drill holes: vibrocore drill holes, seismic and bathymetric data
in various file formats and a series of reports
describing the methodologies and outcomes of the
o easting and northing of sample and geophysical surveys in detail.
the drill hole collar
o elevation or RL (Reduced
Level - elevation above sea * Summary information relating to all material
level in metres) of the drill vibrocore drill holes can be found in Appendix 1.
hole collar
o dip and azimuth of the
hole * The vibrocore drill holes and assay results listed in
o down hole length and interception Appendix 1 have not been part of any previous public
depth report or announcement.
o hole length.
* If the exclusion of this information is justified on
the basis that the information is not Material and
this exclusion does not detract from the
understanding of the report, the Competent Person
should clearly explain why this is the case.
--------------------------------------------------------------- --------------------------------------------------------------
Data
aggregation * In reporting Exploration Results, weighting averaging * The majority of the vibrocore drill holes were
methods techniques, maximum and/or minimum grade truncations sampled as a single sample. In case of deeper holes
(e.g. cutting of high grades) and cut-off grades are that produced two samples, a weighted average of th
usually Material and should be stated. e
TiO(2) in-situ content was calculated using the
following formula: ((length sample 1 * grade sample
* Where aggregate intercepts incorporate short lengths 1) + (length sample 2 * grade sample 2))/(length
of high-grade results and longer lengths of low grade sample 1 + length sample 2).
results, the procedure used for such aggregation
should be stated and some typical examples of such
aggregations should be shown in detail. * No metals equivalent values are reported.
* The assumptions used for any reporting of metal
equivalent values should be clearly stated.
--------------------------------------------------------------- --------------------------------------------------------------
Relationship
between * These relationships are particularly important in the * The geometry of the mineralisation with respect to
mineralisation reporting of Exploration Results. the drill hole angle is not known.
widths
and intercept
lengths * If the geometry of the mineralisation with respect to * Only downhole lengths have been reported. The true
the drill hole angle is known, its nature should be width of the mineralisation is unknown.
reported.
* If it is not known and only the down hole lengths are
reported, there should be a clear statement to this
effect (e.g. 'down hole length, true width not
known').
--------------------------------------------------------------- --------------------------------------------------------------
Diagrams
* Appropriate maps and sections (with scales) and * Appropriate images are provided in the announcement.
tabulations of intercepts should be included for any
significant discovery being reported These should
include, but not be limited to a plan view of drill
hole collar locations and appropriate sectional
views.
--------------------------------------------------------------- --------------------------------------------------------------
Balanced
reporting * Where comprehensive reporting of all Exploration * All Exploration Results are shown in the
Results is not practicable, representative reporting announcement.
of both low and high grades and/or widths should be
practiced avoiding misleading reporting of
Exploration Results.
--------------------------------------------------------------- --------------------------------------------------------------
Other
substantive * Other exploration data, if meaningful and material, * Other substantive exploration data:
exploration should be reported including (but not limited to):
data geological observations; geophysical survey results;
geochemical survey results; bulk samples - size and o 2015 and 2016 bathymetric
method of treatment; metallurgical test results; bulk data; and
density, groundwater, geotechnical and rock o 2015 and 2016 sub-bottom profiling
characteristics; potential deleterious or data.
contaminating substances.
--------------------------------------------------------------- --------------------------------------------------------------
Further
work * The nature and scale of planned further work (e.g. * Further work planned:
tests for lateral extensions or depth extensions or
large-scale step-out drilling).
o Compiling, reprocessing and
reinterpreting 2015 and 2016
* Diagrams clearly highlighting the areas of possible geophysical data;
extensions, including the main geological o Magnetic survey and high-resolution
interpretations and future drilling areas, provided sub-bottom profiling surveys
this information is not commercially sensitive. to outline mineralised intervals
and internal structures in the
unconsolidated offshore sediments;
and
o An offshore drilling programme
based on the high-resolution
geophysical survey to test the
Exploration Target.
--------------------------------------------------------------- --------------------------------------------------------------
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.
END
DRLEAPSPAFPNEFF
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