Aim- and FSE-listed Bluejay Mining, which owns the Dundas mineral sands project, has applied for an additional exploration licence at the Kangerluarsuk zinc/lead/silver project, in Greenland.

The new application covers an area surrounding the existing Kangerluarsuk licence area in central-west Greenland, expanding its holding more than fivefold to 692 km². Together, these areas returned historic surface samples of 41% zinc, 9.3% lead, 1.2% copper and 596 g/t silver, combined, more than 50% metal.

Bluejay is planning a six-hole maiden drill programme to test multiple large and high-grade targets during early 2020. This is the first time Kangerluarsuk will have been drill-tested in spite of significant and extensive outcropping base metal mineralisation throughout the project.

Announcing the new licence application on Monday, Bluejay said that it further consolidated its dominant position in Greenland and that it expanded the company's pipeline of tier one exploration assets.

"Kangerluarsuk has been our least talked about project to date, even though it too has significant resource potential,” said CEO Roderick McIllree, noting that the project was among the most prospective deposits for its types of metals anywhere in the world.

Kangerluarsuk also brings further commodity diversification to the junior’s portfolio when added to its nickel, copper, cobalt, and platinum targets at Disko and at the Dundas ilmenite project.

"Drilling Kangerluarsuk will be a low-cost conventional programme that is planned to be executed in conjunction with drilling Disko next season in 2020. This will provide synergies across both projects given their relatively close proximity, and the fact they will use the same equipment will provide significant savings across our logistics supply chain. From geochemical to geophysical, every indicator aligns here, and in addition to this there is outcropping mineralisation grading more than 50% combined valuable metals.”

Bluejay acquired the Kangerluarsuk project in January 2017 when it purchased Avannaa Exploration and its exploration assets in an all-share transaction with Cairn Energy. Between 2011 and 2013, Avannaa had carried out an aggressive campaign to advance the project.