Bluejay Regulatory News (JAY)

Bluejay Mining plc / EPIC: JAY / Market: AIM / Sector: Mining

24 February 2021

Bluejay Mining plc

('Bluejay' or the 'Company') 

Student training at the Greenland School of Minerals & Petroleum supportive for Dundas

Bluejay Mining plc, the AIM and FSE listed, and OCTQB traded, exploration and development company with projects in Greenland and Finland, is pleased to share the details of a Greenland School of Minerals & Petroleum course which will educate enrolled local citizens from North-West Greenland on essential qualifications for operating heavy machines and training in First Aid. This builds on skills for the potential local workforce for the Dundas Ilmenite Project ('Dundas' or the 'Project').

Eleven course participants from Qaanaaq, the nearest town to Dundas are currently undertaking the course at the Greenland School of Minerals & Petroleum in Sisimiut, West Greenland. The participants are set to finalise the programme, and subsequently receive their diplomas, in six weeks' time.

The course supports the development of skills in the local workforce potentially available to Dundas. The course is organised by the Greenland School of Minerals and Petroleum through a specific funding from the Ministry of Mineral Resources and Labour, Government, Greenland. Bluejay Mining have, through its subsidiary Dundas Titanium A/S participated in an initial preparatory course that was held in Qaanaaq where the Project was presented to the local communities and workforce.

Receiving a diploma as a machinery operator from the Greenland School of Minerals and Petroleum can, with the planned continued on-the-job training and upgrading of workforces on-site at Dundas, be the first step to eventually achieving a job at the future Dundas Ilmenite Mine.

Dr. Bo Møller Stensgaard, Chief Executive Officer of Bluejay, commented: "We are very happy to see that locals from Qaanaaq have engaged in the programme that will provide them with the skills that will match the future needs for Dundas.

"The course that the Greenland School of Minerals & Petroleum are running is of very high quality and support the development of the local workforce in North-West Greenland. This is the second time that such a course has been undertaken and it is a strong testament of the determined efforts from the Government of Greenland and the local communities in their support for the development of qualified local workers available for Dundas and the mining sector in Greenland.

"As we progress the developments of the Project towards construction and then production at the mine, we will look to strengthen and advance our cooperation with the Greenland School of Minerals & Petroleum as well as other educational institutions in Greenland, in order to continuously work closely with the potential local workforce in ensuring training is provided so that the skill base available matches our needs and ensures a sustainable operation with a local anchoring. This is within the philosophy of the Dundas Impact Benefit Agreement that we have signed with the Municipality of North-West Greenland and the Government of Greenland."

General Manager from the Greenland School of Minerals and Petroleum, Hans Hinrichsen, said: "The School is persistently working towards increasing the workforce available for Dundas and the mining industry in Greenland. We have seen a strong interest in acquiring the skills needed for the Dundas project amongst locals in North-West Greenland and we look forward to expanding this in the future. The Dundas project will provide an opportunity for an entire region of Greenland. The Greenland School of Minerals and Petroleum have recently entered into an agreement with US Department of State, that involves a collaboration with University of Utah and University of Alaska Fairbanks which will increase our profile and level of education. For this it is also essential for us to have a close and strong collaboration with Dundas Titanium A/S."

For further information please visit http://www.bluejaymining.com or contact:

Notes

Bluejay is listed on the London AIM market and Frankfurt Stock Exchange and its shares also trade on the OTCQB Market in the US. With projects in Greenland and Finland, its most advanced project is the Dundas Ilmenite Project in Greenland, which is being developed towards production in the near term. The Dundas Ilmenite Project has been proven to be the highest-grade mineral sand ilmenite project globally, with a Mineral Resource reported in accordance with the JORC Code of 117 million tonnes at 6.1% ilmenite and a maiden offshore Exploration Target of between 300Mt and 530Mt of ilmenite at an average expected grade range of 0.4 - 4.8% ilmenite in-situ.

The Company's strategy is focused on securing financing ahead of commencing commercial production at Dundas in order to create a company capable of self-funding exploration on its current projects and future acquisitions.

Bluejay holds three additional projects in Greenland - the 2,897sq km Disko-Nuussuaq ('Disko') Magmatic Massive Sulphide nickel-copper-cobalt-platinum group element-gold project ('Ni-Cu-Co-PGE-Au'), which has shown its potential to host mineralisation similar to the world's largest nickel-copper mining district at Noril'sk-Talnakh, northern Russia; the 692sq km Kangerluarsuk zinc-lead- silver project ('Kangerluarsuk'), where historical work has recovered grades of 41% zinc, 9.3% lead and 596 g/t silver and identified four large-scale drill ready targets; and the 2,025 sq km Thunderstone project which has the potential to host large-scale base metal and gold deposits. Bluejay also has a prospective joint-venture agreement with a mining major at Enonkoski in Finland.

**ENDS**