Bluejay Mining PLC's JORC 2012-compliant resource at its Dundas ilmenite project in Greenland increased 15% to 117 million tonnes at 6.1% ilmenite in situ following drilling at the onshore Iterlak East and Iterlak West areas.
A maiden offshore exploration target was estimated at between 300 Mt and 530 Mt at an average expected grade of 0.4% to 4.8% ilmenite in situ, according to a May 29 release.
Bluejay CEO Roderick McIllree said the company intends to continue to increase resources over the next 12 to 24 months.