Bluejay Mining announces completion of 2022 Disko-Nuussuaq field program

Highlights

• 2022 field activities within this highly prospective region targeted numerous areas for massive nickel, copper, cobalt and platinum group metals (PGM) bearing sulfides using cutting edge technology and included:
  • 3030 line km of falcon airborne gravity gradiometer, gravity, magnetics.
  • 2115 line km of high resolution UAV magnetics.
  • 699 SAMSON deep-penetrating ground electromagnetic (EM) stations.
  • 1068 line km of HeliSAM airborne electro-magnetics.
  • 3572 geochemical samples (outcrop, soil, stream sediment samples).
  • 45 km² bathymetric survey / photogrammetric survey of key mobilisation locations.
• The geophysical data, mapping and the pending geochemical results for all target areas are currently being further integrated with existing data and interpreted by KoBold's expert team utilising their proprietary artificial intelligence platforms to prioritise and ratify mineralisation targets for eventual drilling.
• One example of early geophysical indications was from the Igdlukunguak area, the site of the historical initial 28 t nickel sulfide boulder discovery, where this season a 600 m EM anomaly along strike of known mineralisation was identified.
• Bluejay fulfilled the role of field operations manager during the 2022 field programme which commenced in June and ended in September, and received an expenditure-based fee for this role.
• The JV Company will incorporate the extensive exploration results, once received, into the 2023 exploration plans.

Kurt House, CEO of KoBold Metals, commented:

"Our joint exploration campaign on Disko Island this summer was a significant step forward. We've identified many novel targets and significantly updated our exploration hypotheses. We are looking for what we think could be the most significant nickel and cobalt discoveries in 100 years."

Bo Møller Stensgaard, CEO of Bluejay Mining, commented:

"I am excited to report that our first JV exploration campaign with KoBold at Disko-Nuussuaq has been completed successfully. The exploration work performed this summer forms the basis of what we hope will become a globally significant exploration find.

"We are particularly encouraged by the preliminary results we have received to date. At the Igdlukunguak target area on the North coast of Disko Island, the location of the notable historical discovery of the 28 t Igdlukunguak massive-sulfide boulder (which assayed 6.9% Ni, 3.7% Cu, 0.6% Co and 2g/t PGM), the SAMSON ground programme showed a 600 m encouragingly strong, continuous late time EM anomaly with slow decay. This new SAMSON identified anomaly is coincidental with historic geophysical anomalies and is proximal to known mineralisation. This exciting early result, which could potentially represent a target for future drilling for a mineralised body, is just one of the early results from the extensive work programme carried out this summer.

Read the article online at: https://www.globalminingreview.com/mining/11102022/bluejay-mining-announces-completion-of-2022-disko-nuussuaq-field-program/