Greenland is a highly prospective yet underexplored emerging mining destination, with prolific areas of mineralisation now accessible as a result of climate changes. With a government focused on developing a resource based economy, Greenland is establishing itself as the new mining destination.
The country boasts an established infrastructure network, which can support low cost development, and is strategically positioned between the US and Europe. This means multiple export markets can be targeted with relatively low exploration costs.
Having worked in Greenland extensively over the past 10 years, the Bluejay mining team has an excellent understanding of the resource opportunity that is on offer, the potential of which grows day by day as a result of environmental changes. This understanding is highlighted by Bluejay being granted the first marine exploration licence for minerals by Greenlandic authorities.
Currently >50% of Bluejay’s workforce and consultancy is of Greenlandic or Danish/Greenlandic nationality and as the Company builds its mining portfolio they expect to generate many more employment opportunities for the local community and create additional revenue opportunities for the region.
Pituffik is an advanced stage titanium project, which has been proven to be the highest-grade mineral sand ilmenite project globally, with an initial Inferred JORC resource of 23.6Mt at 8.8% ilmenite (in situ), including a high-grade zone equal to 7.9Mt at 14.2% ilmenite. With a fast-paced development programme underway, Bluejay is focussed on advancing Pituffik into production in 2018. The Pituffik Project is located on the Steensby Land peninsular in the north west of Greenland and is centered on the closed settlement of Moriusaq in the Qaasuitsup municipality. The Pituffik Project is 83km south of the regional settlement Qaanaaq.
The 194sq km Disko-Nuussuaq (‘Disko’) Magmatic Massive Sulphide (‘MMS’) nickel-copper-platinum project (‘Ni-Cu-PGM’) is located on the southwest coast of Greenland. Having shown its potential to host mineralisation similar to the world’s largest nickel/copper sulphide mine Norilsk-Talnakh (‘Norilsk’), Bluejay is excited to prove up Disko’s resource potential.
The 107sq km Kangerluarsuk Sed-Ex lead-zinc-silver project (‘Kangerluarsuk’) in southwest Greenland is situated in a major Palaeo-Proterozoic sedimentary basin, with abundant lead-zinc (‘Pb-Zn’) showings. Indeed, the basin comprises the strongest zinc stream sediment anomaly cluster in Greenland and previously hosted the renowned Black Angel Pb-Zn mine.