80 Mile (80M)

Sector:

Mining

Index:

FTSE AIM All-Share

0.29p
   
  • Change Today:
      0.013p
  • 52 Week High: 0.35p
  • 52 Week Low: 0.23p
  • Currency: UK Pounds
  • Shares Issued: 4,329.13m
  • Volume: 66,040,486
  • Market Cap: £12.34m

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Bluejay Mining begins maiden drill programme at Enonkoski

By Josh White

Date: Monday 24 May 2021

LONDON (ShareCast) - (Sharecast News) - Greenland and Finland-focussed exploration and development company Bluejay Mining announced on Monday that the maiden drill and field programme at the Enonkoski nickel-copper-cobalt project in eastern Finland had commenced with its joint venture partner, Rio Tinto.
The AIM-traded firm said the 3000 metre drilling programme, targeting mineralisation in the Tevanjoki and Laukunsuo areas within Enonkoski, would be followed by a period of analysis to be carried out by the joint venture partners.

Drilling completion would be followed by additional exploration activities within the Enonkoski project area, planned for the summer and autumn of 2021.

"Bluejay holds, through its 100%-owned Finnish subsidiary FinnAust Mining Finland, three large scale project areas in East Finland," the board explained, being the Enonkoski project, the Hammaslahti copper-zinc-gold-silver project, and the Outokumpu copper-cobalt-zinc-nickel-gold-silver project.

"Bluejay recently signed a $20m joint-venture and earn-in agreement with Rio Tinto for the Enonkoski project, announced 10 November."

At 1204 BST, shares in Bluejay Mining were up 0.13% at 8.94p.

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80 Mile Market Data

Currency UK Pounds
Share Price 0.29p
Change Today 0.013p
% Change 4.78 %
52 Week High 0.35p
52 Week Low 0.23p
Volume 66,040,486
Shares Issued 4,329.13m
Market Cap £12.34m

80 Mile Star Ratings

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Value
32.13% above the market average32.13% above the market average32.13% above the market average32.13% above the market average32.13% above the market average
Sector averageSector averageSector averageSector averageSector average
Price Trend
70.28% below the market average70.28% below the market average70.28% below the market average70.28% below the market average70.28% below the market average
47.37% below the sector average47.37% below the sector average47.37% below the sector average47.37% below the sector average47.37% below the sector average
Income Not Available
Growth Not Available

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