7th Sep 2022 14:29
Bluejay Mining PLC - mineral exploration and development company focused in Greenland and Finland - Completes its first exploration programme of 2022 at the Enonkoski nickel-copper-cobalt project in Finland as part of a joint venture with Rio Tinto PLC's Exploration Finland Oy. As a result of the programme, decides to stop further exploration at Muhelampi target in the near-term as interpretation of results suggest the mafic intrusion is too small to host any significant mineralisation. Reports technical difficulties during the drilling of multiple holes at the Laukunlampi target. Despite this, Laukunlampi dubbed an "interesting" target with possible follow-up drilling in the future.
Current stock price: 5.64 pence, down 11% in London on Tuesday afternoon
12-month change: down 51%
By Heather Rydings; [email protected]
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