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.

Potential Job Creation
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
The permitting phase of the Dundas project has entered its final phase, with an environmental-impact assessment (EIA) having been submitted and a social-impact assessment (SIA) nearing completion. The last remaining SIA-related components are the final stakeholder interviews. These will be finalised in the coming months.

The optimised prefeasibility study (PFS) for the project will be published in the first quarter of next year. The final PFS was delayed from the fourth quarter to the first quarter of 2019 to allow for optimisations.

Bluejay has been working with government in setting the standard for resource development in Greenland and CEO Roderick McIllree believes there will be a high degree of support for the project.

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.