logo-loader
viewBlueJay Mining PLC

Things coming together nicely in Greenland, says Bluejay Mining's CEO

Rod McIllree, Bluejay Mining PLC’s (LON:JAY) chief executive, tells Proactive that all three of its projects in Greenland are shaping up nicely with plenty of interest from mining giants.

Dundas is the flagship and here a bulk sample of mineral sands has been shipped to a Rio Tinto facility in Canada.

BlueJay is keen to get its mining permit approved and to tie-up partner offtake agreements, says McIllree.

Disko, meanwhile, is attracting lots of attention following Anglo American’s decision to snap up licences all around BlueJay’s acreage.

This prospect will be drilled next year with or without a partner, says McIllree, who adds Disko is looking like a unique asset globally.

Maiden drilling is also planned at Kangerluarsuk, where McIllree adds: ‘The more we look at it, the more we like it’.

Quick facts: BlueJay Mining PLC

Price: 8.74 GBX

AIM:JAY
Market: AIM
Market Cap: £84.78 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of BlueJay Mining PLC named herein, including the promotion by the Company of BlueJay Mining PLC in any Content on the Site, the Company receives...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Investor Update: Allergy Therapeutics receives multi-million-dollar settlement

Top stories from the Proactive Investors UK newsroom. Allergy Therapeutics (LON:AGY) has accepted US$7.6mln in settlement of a dispute over the procedures used for a US grass pollen vaccine trial. Allergy blamed the inconclusive trial results on the way the study was carried...

on 27/6/19

2 min read