80 Mile PLC reports news as an AIM, FSE-listed and OTC-traded exploration and development company with mineral projects in Greenland and Finland and expanded energy and gas interests. Recurring updates cover the Dundas Ilmenite Project in northwest Greenland, the Jameson licenses in East Greenland, and Finnish base-metal projects including Hammaslahti, Enonkoski and Outokumpu.
Company announcements also address drilling programs, project-level exploration results, portfolio strategy, material agreements involving Hydrogen Valley and Greenswitch, equity financing, shareholder approvals, related-party matters, governance, and operating and financial results.
Bluejay has signed a joint venture with KoBold Metals for its Disko-Nuussuaq nickel, copper, cobalt project in Greenland. KoBold aims to secure 51% interest through $15 million in evaluation and drilling commitments by December 2024. Bluejay retains a 49% stake by funding its share. This partnership draws on KoBold's advanced technology and significant investor backing, including notable figures like Bill Gates and Jeff Bezos. The Disko project holds potential for significant battery metal deposits, enhancing Bluejay's strategic position in the minerals sector.