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Bluejay Mining PLC - Appointment of Greenland Exploration Manager

RNS Number : 0365T
Bluejay Mining PLC
12 November 2019


Bluejay Mining plc / EPIC: JAY / Market: AIM / Sector: Mining

12 November 2019

Bluejay Mining plc ('Bluejay' or the 'Company')

Appointment of Greenland Exploration Manager


Bluejay Mining plc, an AIM and FSE listed, and Greenland focused company, is pleased to announce the appointment of Joshua Hughes as Greenland Exploration Manager (non-board).  In this newly created role, Mr. Hughes will manage multiple interrelated exploration programmes in Greenland as Bluejay moves to advance its two large scale base metal projects, Disko-Nuussuaq and Kangerluarsuk.


Mr Hughes has an extensive knowledge on Greenlandic geology and its mineral potential as well as notable operational experience having managed and led exploration and drilling campaigns for a diverse range of commodities throughout Greenland.


Amongst other positions, he was previously Chief Geologist of NunaMinerals A/S, Greenland's former state sponsored exploration company, where he led activities within the Nanortalik Gold Belt in South Greenland, which resulted in one of the most significant gold discoveries in Greenland to date (e.g. 11 meters at 80.2 g/t gold).  In this role, he also managed a Joint Exploration Agreement with the Korean state mining company, Korea Resources Corporation (KORES), a Joint Venture Agreement with Greenland Rare Earth Projects Ltd, and an Alliance Agreement with Rio Tinto Mining and Exploration Ltd.  During this time, Mr Hughes was a permanent resident in Greenland's capital, Nuuk, and remains well-connected within the Greenlandic community, providing services to the exploration industry.  


Mr Hughes was also Managing Director of Nanoq Resources Ltd, which held an exploration licence over the Tartoq Gold Belt in southwest Greenland.  More recently, he has been a consultant geologist to several exploration companies and private equity funds, working on projects in Greenland, Malawi, Turkey, Finland, Sweden and Norway.


CEO of Bluejay Mining plc Roderick McIllree commented: "Josh is a well-regarded and recognised Greenland expert.  Our model of populating the team with highly experienced professionals ensures success at all levels, and I am delighted that he has agreed to join us on this exciting journey.  The country remains vastly underexplored, so Josh's experience is invaluable as Bluejay continues in the search and evaluation of further opportunities.  Next year promises to be the most exciting to date as we move to finally drill test two massive base metal projects that are currently 100% owned by Bluejay."


Exploration Manager Joshua Hughes commented: "Having been an exploration geologist in Greenland over much of the last decade, I'm now delighted to be working with Rod and the team at Bluejay, who I regard as the leaders in exploration and discovery in Greenland.  I am fortunate to be working alongside a high calibre group of seasoned expert explorers, the collective experience of which is unmatched by any other operator in Greenland.


"The rapid advancement of the Dundas Ilmenite Project, at a speed which is unparalleled by Greenland standards, demonstrates the Company's dynamic exploration strategy.  I am confident that we can repeat this success at Disko-Nuussuaq and Kangerluarsuk as we prepare for maiden drill programmes to test these two exceptional and compelling base metal projects.  Wherever Bluejay has taken up ground, others have quickly followed.  This is testament to the quality, scale and value creation potential of the Company's portfolio.  I look forward to maintaining our first mover advantage as we continue to assess other large-scale opportunities throughout this highly underexplored country."


Market Abuse Regulation (MAR) Disclosure

Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 until the release of this announcement.




For further information please visit http://www.titanium.gl or contact:

Roderick McIllree

Bluejay Mining plc

+44 (0) 20 7907 9326

Ewan Leggat

SP Angel Corporate Finance LLP

Nominated Adviser

+44 (0) 20 3470 0470

Soltan Tagiev

SP Angel Corporate Finance LLP

Nominated Adviser

+44 (0) 20 3470 0470

Andrew Chubb

Hannam & Partners (Advisory) LLP

+44 (0) 20 7907 8500

Isabel de Salis

St Brides Partners Ltd

+44 (0) 20 7236 1177

Cosima Akerman

St Brides Partners Ltd

+44 (0) 20 7236 1177


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Quick facts: BlueJay Mining PLC

Price: 7.76

Market: AIM
Market Cap: £75.27 m

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