(Alliance News) - Bluejay Mining PLC announced Tuesday its work programme for 2019 at its flagship Dundas Ilmenite Project in Greenland.
Bluejay - which wholly owns Dundas which is estimated to hold 117 million tonnes at 6.1% ilmenite, a titanium ore - is anticipating to focus on preparing a bulk smelter sample for shipment to the Sorel-Tracy plant in Canada operated by Rio Tinto PLC.
The firm is targeting processing 40,000 tonnes of ilmenite-bearing sand bulk sampling and shipping 5,000 tonnes of concentrate to Sorel-Tracy.
Bluejay also expects to construct a 2,400 tonnes per week run-of-mine demonstration plant for processing ilmenite-bearing sand into a heavy mineral concentrate.
"I am pleased to report an update on our very extensive 2019 work programme, which will provide a solid foundation for the continued development of Dundas during this field season," Bluejay Chief Executive Officer Roderick McIllree said.
"Looking ahead, we anticipate the official lodgement of our exploitation application in the coming months and prior to this we expect to provide a progress update on other assets in our portfolio," McIllree added. "I am delighted that after experiencing delays with respect to certain aspects of the project, we are now starting to build momentum again leading into the approval of a mining licence."
Shares in Bluejay were 4.1% higher at 7.70 pence in London on Tuesday.
Bluejay (JAY)