Bluejay Mining PLC Notice of Results and Analyst Meeting (7419K)
September 06 2021 - 2:00AM
UK Regulatory
TIDMJAY
RNS Number : 7419K
Bluejay Mining PLC
06 September 2021
Bluejay Mining plc / EPIC: JAY / Market: AIM / Sector:
Mining
6 September 2021
Bluejay Mining plc ('Bluejay' or the 'Company')
Notice of Results and Analyst Meeting
Bluejay Mining plc, the AIM and FSE listed, and OTCQB traded,
exploration and development company with projects in Greenland and
Finland, is pleased to announce that it will issue its Interim
Results for the six months ending 30 June 2021 on Tuesday 14
September 2021.
There will be an analyst meeting on the day at 1400h BST. Those
analysts wishing to participate in the call should register by
emailing: bluejay@blytheweigh.com .
For further information please visit
http://www.bluejaymining.com or contact:
Bo Stensgaard Bluejay Mining plc +45 2367 8067
+44 (0) 20 7907
Kevin Sheil Bluejay Mining plc 9326
------------------------------ ----------------
SP Angel Corporate Finance
LLP +44 (0) 20 3470
Ewan Leggat (Nominated Adviser) 0470
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SP Angel Corporate Finance
LLP +44 (0) 20 3470
Adam Cowl (Nominated Adviser) 0470
------------------------------ ----------------
Hannam & Partners (Advisory) +44 (0) 20 7907
Andrew Chubb LLP 8500
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+44 (0) 20 7138
Tim Blythe Blytheweigh 3205
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+44 (0) 20 7138
Megan Ray Blytheweigh 3205
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Bluejay is listed on the London AIM market and Frankfurt Stock
Exchange and its shares also trade on the OTCQB Market in the US.
With multiple projects in Greenland and Finland, Bluejay has now
secured three globally respected entities as partner, customer, and
co-investor on three of its projects, giving the Company and its
shareholders both portfolio and commodity diversification in high
quality jurisdictions.
Bluejay has signed a definitive joint venture agreement with
KoBold Metals to guide exploration for new deposits rich in the
critical materials for electric vehicles (The Disko-Nuussauq
Project). Principal investors in KoBold include Breakthrough Energy
Ventures, a climate & technology fund, overseen by Bill Gates,
and whose investors include Michael Bloomberg, Jeff Bezos, and Ray
Dalio. Other investors in KoBold include Andreessen Horowitz, the
premier Silicon Valley venture capital fund and Equinor, the
Norwegian state-owned multinational energy company.
Bluejay's most advanced project is the Dundas Ilmenite Project
in Greenland, which is fully permitted and being developed towards
production in the near term. The Dundas Ilmenite Project has been
proven to be the highest-grade mineral sand ilmenite project
globally, with a Mineral Resource reported in accordance with the
JORC Code of 117Mt 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 has agreed a Master Distribution Agreement with a major
Asian conglomerate for up-to 340,000ktpa of its anticipated
440,000ktpa annual output. The Company's strategy is focused on
securing financing ahead of commencing commercial production at
Dundas in order to create a company capable of self-funding
exploration on its current and future projects.
Bluejay holds two additional projects in Greenland - 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; and
the 2,025 sq km Thunderstone project which has the potential to
host large-scale base metal and gold deposits. Bluejay also has a
joint-venture agreement with a mining major at Enonkoski in Finland
and has recently signed a binding agreement for a partial
divestment in a fourth Finnish project.
**ENDS**
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