Bluejay Mining notes Disko project licence renewal

Shares in Bluejay Mining are down about 1% as the Government of Greenland renewed the exploration licence for the company's Disko-Nuussuaq Magmatic Massive Sulphide Nickel-Copper-Platinum Project for a further five years to 31 December 2021.

The project was in south-west Greenland. Bluejay Mining was undertaking a complete data compilation, reprocessing and reinterpretation initiative at Disko.

It was also looking at ways to maximise shareholder value on these Disko Exploration assets, which were subject to a 12-month expenditure holiday in Greenland.

At 11:44 BST, shares in AIM-traded Bluejay Mining were down 0.92% to 13.5p each.