Strategic Metals & Rare Earths Letter Investment Alert

BlueJay Mining PLC ORD 0.01P (GBp 19.50)
LON:JAY
H+L prices (12 months) : GBp 20.38 – 5.01
Net issued shares : 768.433 million
Market capitalization : £ 147.92 million (US$ 190.95 million)

 

►Upcoming new resource calculation expected to potentially increase initial inferred JORC resource of 23.6 Mt at 8.8% ilmenite at the Pituffik Titanium Project in Greenland, the highest-grade ilmenite project globally

►Intends to conduct a high-powered, ground-based, electromagnetic survey at the highly prospective Disko-Nuussuaq magmatic massive sulphide Ni-Cu-PGM project in Q4 2017

Primarily focused on advancing the 100%-owned Pituffik Titanoum Project in Greenland into production in 2018, Pituffik has been proven to be the highest-grade mineral sand ilmenite project
globally, with a initial JORC resource of 23.6 Mt at 8.8% ilmenite (in-situ), including a high-grade zone equal to 7.9 Mt at 14.2% ilmenite.

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