Read More :DISKO NI-CU-PGM MAGMATIC MASSIVE SULPHIDE
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.
Disko has been the subject of more than three decades of exploration, with Cominco in the 1980s, Falconbridge in the 1990s and Vismand Exploration in the 2000s, prior to Bluejay’s acquisition in September 2016. As a result of this work, seven significant MMS occurrences have been identified to-date at the licence area, with the largest being 462.3km2. This includes the discovery of a 28 tonne pod of massive sulphide, which assayed at 7% Ni, 3% Cu, 2ppm PGE. This boulder is now displayed in the foyer of the Danish Geological Museum in Copenhagen, highlighting just how significant its discovery was. The boulder also greatly strengthens the belief that Disko has the same geological model as Norilsk-Talnakh.
Bluejay look forward to building upon their understanding of Disko and the specific geological targets in order to prove up the resource potential.
Figure 1: Drill ready Ni, Cu & PGE MMS targets on the Nuussuaq Peninsular mainland Greenland.
Figure 2: Additional drill ready large scale MMS targets on Disko Island. Targets in the above are Jussi N and Jussi S, Enrico which cannot be seen in the above is behind and underneath the valley floor.
Figure 3: Massive sulphide rubble taken from the same location as the 28t massive sulphide boulder discovery.
Bluejay CEO Roderick McIllree said, Sept 05, 2016
“This acquisition further consolidates Bluejay’s position in Greenland and sees us add quality acreage to our Greenlandic portfolio, which already includes the unusually pure Dundas Ilmenite Project. Having worked in Greenland extensively over the past 10 years, my team and I have an excellent understanding of the resource opportunity in this emerging jurisdiction, the potential of which grows day by day as a result of environmental changes.
“Two of Avannaa’s projects, Disko and Kangerluarsuk appear to have high-tonnage and high-grade base metal potential. These are rare geological characteristics not often seen in the Cu-Ni-PGE & Zn-Pb-Ag mineral spaces. These projects have been of interest for some time, however as with all things, timing was crucial. Prior to Capricorn’s involvement, major mining houses such as Falconbridge and Vismand spent more than US$50 million on these projects over multiple campaigns spanning more than three decades and therefore Bluejay is now ideally positioned in Greenland with multiple, large, high-grade polymetallic targets.
ACQUISITION OF AVANNAA EXPLORATION — Sept 05, 2016
DISKO NI-CU-PGM MAGMATIC MASSIVE SULPHIDE