Pituffik Maiden Mineral Resource Estimate Bluejay
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Posted On: 04/10/2017 11:54:22 PM
Pituffik Maiden Mineral Resource Estimate
Bluejay Mining plc, the AIM and FSE listed company with projects in Greenland and Finland, is delighted to publish a Maiden Mineral Resource Estimate for the Pituffik Titanium Project (‘Pituffik’ or ‘the Project’) in Greenland, which confirms that it is the highest-grade mineral sand ilmenite project globally, , with just ~17% of the raised beach area having been assessed for this resource calculation.
Pituffik is potentially capable of supporting an operation of considerable mine life as well as having extensive exploration potential
The mineral resource estimate has been prepared by SRK Exploration Services (‘SRK’) and is broken down into three components:
An Inferred resource of 23.6Mt at 8.8% ilmenite (in situ) for the total area tested
This includes a high-grade zone equal to 7.9Mt at 14.2% ilmenite (in situ) at Moriusaq which is the focus of the feasibility and production studies that are currently underway
A larger exploration target for the area, primarily encompassing potential mineralisation below and inland from the current drilling, of between 90Mt to 130Mt at an in-situ grade of between 6.3% and 8.4% ilmenite
Significant potential to increase Pituffik’s global ranking in terms of tonnage with upside potential available via Interlak, the offshore terrace, as well as the additional 25km of raised beach which have not been included in this calculation
Opportunity to enhance the in situ grade even further via a very simple processing route prior to further concentrating
Bluejay Mining plc, the AIM and FSE listed company with projects in Greenland and Finland, is delighted to publish a Maiden Mineral Resource Estimate for the Pituffik Titanium Project (‘Pituffik’ or ‘the Project’) in Greenland, which confirms that it is the highest-grade mineral sand ilmenite project globally, , with just ~17% of the raised beach area having been assessed for this resource calculation.
Pituffik is potentially capable of supporting an operation of considerable mine life as well as having extensive exploration potential
The mineral resource estimate has been prepared by SRK Exploration Services (‘SRK’) and is broken down into three components:
An Inferred resource of 23.6Mt at 8.8% ilmenite (in situ) for the total area tested
This includes a high-grade zone equal to 7.9Mt at 14.2% ilmenite (in situ) at Moriusaq which is the focus of the feasibility and production studies that are currently underway
A larger exploration target for the area, primarily encompassing potential mineralisation below and inland from the current drilling, of between 90Mt to 130Mt at an in-situ grade of between 6.3% and 8.4% ilmenite
Significant potential to increase Pituffik’s global ranking in terms of tonnage with upside potential available via Interlak, the offshore terrace, as well as the additional 25km of raised beach which have not been included in this calculation
Opportunity to enhance the in situ grade even further via a very simple processing route prior to further concentrating
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