Bluejay Mining and KoBold Metals start drilling in Greenland

Highlights:

•  The first major exploration campaign to be undertaken by the KoBold – Bluejay JV, using cutting-edge technology, in this highly prospective region:
  • Around 9500 line km of fixed-wing/helicopter/drone supported geophysical surveys.
  • 3000 m maiden diamond drilling.
  • 200 line km of soil sampling.
• The objective is to target massive nickel, copper, cobalt, and platinum group metals (PGM) bearing sulfides.
• The work programme is expected to commence in early June with mobilisation and build-up of the exploration camp from mid-May.
• Bluejay will fulfill the role of Field Operations Manager during the 2022 campaign and will collect an expenditure-based fee for this role.
• The work programme is subject to the standard approvals from the Greenland Mineral Licensing and Safety Authority (MLSA).
• The spending associated with the activities in the 2022 programme will exceed the minimum exploration commitment under the licence obligations.

Key work programme details:

• 3000 line km of high-resolution drone magnetic survey performed by EarthEx Geophysical Solutions Inc.
• 3000 m of conventional diamond drilling along Disko coastline to anchor the geological model and existing anomalies.
• 5000 line km of airborne gravity and magnetic data and 1500 line km of electromagnetic data will be included in the final work programme, subject to final contracting.
• 4000 soil geochemical sample locations, covering 200 line km.

Bo Møller Stensgaard, CEO of Bluejay Mining, comments:

“Everyone in the company is extremely excited about the extensive exploration programme at Disko, which will commence next quarter.

“Not only will the field programme test already defined geophysical and geochemical anomalies – it will also collect new high-quality data from cutting-edge geophysical and geochemical data sets that will be used to further validate and identify drilling targets.

“The platform and algorithms that KoBold apply will provide a higher degree of confidence in targeting. Together with their globally recognised mineral expertise and our operational expertise within Greenland, I’m confident that we are on the cusp of discovering a new nickel, copper, cobalt, and PGM district in West Greenland.

“We are delighted that, with KoBold, we have agreed to include drilling at the earliest opportunity in this significant exploration programme, especially at a time where the certainty of supply and access to critical minerals is top of many agendas.

“We hope to bring the world’s attention to the significant potential that Disko has, namely as a significant global supplier of many of the key metals required for the Green Energy Transition, from a secure western jurisdiction.”

Kurt House, CEO of KoBold Metals, comments:

“We’re proud to partner with Bluejay to begin exploring Disko-Nuussuaq this year. Fully electrifying the global economy is our generation’s greatest challenge; to accomplish that lofty goal we must accelerate our efforts to find the key materials for the EV revolution.

“KoBold’s technology is perfectly suited to discovering those resources around the world. Our proprietary library of analytical tools, Machine Prospector^®, will enable effective deployment of exploration capital and maximise our chances of discovery in Greenland working in partnership with Bluejay.”

Read the article online at: https://www.globalminingreview.com/mining/28032022/bluejay-mining-and-kobold-metals-start-drilling-in-greenland/