Name of the Project
Dundas ilmenite project (formerly Pituffik titanium project).

Location
Greenland.

Client
Bluejay Mining.

Project Description
Dundas is an advanced-stage titanium project comprising three main target areas along more than 80 km of coastline historically proven to contain large and high-grade accumulations of primary ilmenite occurring as placer deposits in:
• raised beaches containing ilmenite accumulations across widths of more than 1 km of unknown depths, along more than 20 km of coastline.
• active beaches, which refer to the area seaward of the frontal dunes, including the beach, tidal zones and surf zone. Historically, samples from this area have achieved 70% ilmenite by weight.
• drowned beaches, which refer to the areas seaward of active beaches.

Successful testwork has demonstrated that the project could produce a gravity-separated concentrate that compares favourably to existing ‘hard rock’ sources of ilmenite.

Overall composition of the ilmenite has indicated that it should be readily soluble in sulphuric acid at high process-efficiency, making it suitable for all digestion process options.

All chemical analyses have shown a consistent ilmenite composition across the entire project area. Elements that could adversely impact on final pigment quality, particularly whiteness and yellowness, are comparable to existing commercial products. Further, radioactive components and acid-insoluble minerals are better than industry benchmarks for sulphate ilmenite.

Jobs to be Created
Not stated.

Net Present Value/Internal Rate of Return
Too early to state.

Value
Too early to state.

Duration
Too early to state.

Latest Developments
Bluejay Mining has appointed four consultants to advance key elements of the feasibility study for its newly renamed Dundas ilmenite project. The project's name was changed to Dundas to align with a new Greenlandic subsidiary and to assist with the exploitation application documentation.

The consultants that will work on the feasibility study for the project include SRK Consulting, IHC Robbins (IHCR), Royal IHC (IHC) and Amec Foster Wheeler Americas.

SRK Consulting will update the resource statement, prepare the mining schedule and assess water management aspects. It will also review the feasibility study. IHCR will complete the process plant engineering and design study, while IHC will finalise a dredging study. Amec will undertake the infrastructure and services part of the study.

Current work is focused on demonstrating the size of the asset, securing an offtake partner and defining a viable logistics solution to ship the ilmenite product.

The company has concluded the public preconsultation phase of the permitting process for the project and is in the public consultation phase of the final draft environmental-impact assessment (EIA) and social-impact assessment (SIA) documents.

The public preconsultation phase, which is a requirement of Greenland for granting exploitation licences, is aimed at creating a collaborative dialogue for stakeholders before the completion of the EIA and SIA for final assessment. Points raised during the preconsultation phase will be incorporated into the final form documents.

Key Contracts and Suppliers
None stated.

On Budget and on Time?
Not stated.

Contact Details for Project Information
Bluejay Mining, tel +44 207 907 9326 or fax +44 207 681 3861.