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Bluejay Mining PLC - mineral exploration and development in Greenland and Finland - Announces approval of further exploration expenditure by JV partner Rio Tinto Exploration Finland Oy at the Enonkosko nickel-copper-cobalt project in Finland.
For 2022, activities planned include follow-up diamond drilling by the joint venture, followed by downhole electromagnetic surveys of selected drillholes.
In addition, there will be a top of bedrock drilling programme focusing on new targets, as well as geological mapping and sampling. The work programmes are on-track to start in the second quarter of 2022.
Current stock price: 8.10 pence, up 5.2% on Tuesday
12-month change: down 8.5%
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