Rod McIllree, chief executive of Bluejay Mining PLC (LON:JAY) talks Proactive's Andrew Scott through the upgrade to the ilmenite resource at the Dundas shoreline project in Greenland.
The mineral sands prospect now holds 96mln tonnes at 6.9% ilmenite, a 400% increase on the first estimate a year ago.
Consultant SRK calculated the estimate using a combination of auger and sonic drilling.
Dundas is one of the highest-grade mineral sand ilmenite projects in the world, believes Bluejay, with the majority of what has been identified so far located on the raised beaches at Moriusaq.
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