Bluejay secures two new mineral exploration licences in Greenland
Mining-technology - UK-based Bluejay Mining has secured two new mineral exploration licences in South Greenland, further expanding its footprint in the region.
The licences, to be known as the Thunderstone Project, were awarded by the Mineral Licence and Safety Authority, Greenland (MLSA) nearly a year after the company submitted its applications.
Overall, the licences cover an area of 2,025km2 and are located in a region which is known as highly prospective for several commodities such as base metals, gold and uranium.
Bluejay CEO Roderick McIllree said: “Historical work at Thunderstone by the Geological Survey of Denmark and Greenland underpins its potential to host several commodities, including zinc, gold and uranium; with this in mind, it is a fantastic addition to our already exciting project portfolio in our country of expertise and with minimal initial holding costs.